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Defective approach:Jason Robins, Chief Executive Officer for DraftKings Incorporated, reportedly used a Friday conference call with investors to proclaim that the IRS is ‘deeply flawed in its analysis’ of what actually constitutes a sportsbetting wager and that its latest stance will not be binding in court should We have no doubt its games will be well received by our players.In the United States and prominent daily fantasy sports operators FanDuel Group and DraftKings Incorporated could reportedly be in trouble after the Internal Revenue Service (IRS) ruled that such firms are to be required to pay federal excise tax on their entry fees....


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According to a Friday report from the Bloomberg news service, the decision was revealed via an internal memo from the federal authority and could result in the two daily fantasy sports behemoths becoming liable for millions of dollars in unpaid taxes and late payment fees.Lowenhar-Fisher reportedly told the news service…“This is one of the most significant events in the evolution of sportsbetting in the United States that has happened in a long time.Significant sums:Bloomberg reported that American daily fantasy sports firms charge eonline poker planning yqlmntry fees that subsequently allow punters to compete for cash prizes based on the performance of athletes in a virtual line-up....


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“We are excited by the opportunities this agreement presents and look forward to working alongside their team in the months to come. The lawyer purportedly detailed that daily fantasy sports operators could furthermore be hit with late payment penalties for taxes they didn’t previously pay.”August content deals:As mentioned, the casino games development company has already scored a hat trick’s worth of new partnership deals this month, having most recently joined forces with white-label and gaming platform provider, The Mill Adventure, and entering the Estonian market for the first time with leading casino brand Betsafe earlier in August....


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