Tag Archive | Sports Betting

Handicapping Christie v. NCAA: How will the Supreme Court Vote on PASPA?

Introduction The briefing is complete and the oral argument is over in Christie v. NCAA. All that remains is for the Supreme Court to decide the case. How will the Court decide? Will New Jersey blow up the PASPA dam and send regulated sports betting gushing throughout the land? Or will the sports organizations maintain […]

Reform the Federal Sports Betting Excise Tax “Dilemma”

Now that Congress has passed a budget resolution that sets the stage for fast-track tax reform, here is one tax that clearly should be included in any reform package: The excise tax on sports betting that is codified in sections 4401 and 4411 of the Internal Revenue Code.  See 26 U.S.C. §§ 4401 and 4411. […]