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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.”Partnership perks:Red32 has also joined the supplier’s Daily Drop Jackpots Network, which allows it to offer the studio’s exciting daily and hourly jackpots to players.”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....
2 billion in such duties in 2018 alongside around 5 million in total revenues.2 billion in such duties in 2018 alongside around 5 million in total revenues. We have no doubt its games will be well received by our players....
2 billion in such duties in 2018 alongside around 5 million in total revenues.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”Litigious lifeline:However, Bloomberg reported that the IRS’ latest stance on daily fantasy sports is at odds with the 2007 ruling from the United States District Court for the District of New Jersey in the matter of Humphrey v Viacom....
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