Rahm Emanuel Proposes 10% Tax on Online Betting Industry
Former Chicago Mayor Rahm Emanuel has introduced a proposal to impose a federal tax on online gambling and prediction markets, outlining the plan as part of a broader policy agenda while weighing a potential run for president in 2028. The proposal would apply a 10% transaction tax to wagers placed through licensed online sportsbooks, digital casino platforms, and prediction market exchanges. Emanuel has suggested the measure could generate tens of billions of dollars annually, with the funds directed toward strengthening […] The post Rahm Emanuel Proposes 10% Tax on Online Betting Industry appeared first on World Casino News.
Former Chicago Mayor Rahm Emanuel has introduced a proposal to impose a federal tax on online gambling and prediction markets, outlining the plan as part of a broader policy agenda while weighing a potential run for president in 2028. The proposal would apply a 10% transaction tax to wagers placed through licensed online sportsbooks, digital casino platforms, and prediction market exchanges. Emanuel has suggested the measure could generate tens of billions of dollars annually, with the funds directed toward strengthening […]
The post Rahm Emanuel Proposes 10% Tax on Online Betting Industry appeared first on World Casino News.
