The two legislators have once again filed to remove the 0.25% tax that has been in place since 1951.
United States representatives Dina Titus of Nevada and Guy Reschenthaler of Pennsylvania re-filed legislation on Tuesday (18 February) to repeal the 0.25% federal excise tax on sports betting handle.
It is the fourth consecutive session the co-chairs of the congressional gaming caucus have combined for this bipartisan push. They also did so in 2019, 2021 and 2023. The federal excise tax has been in place since 1951, when it was introduced primarily to counter illegal gambling.
The tax revenue created has dramatically increased since the US Supreme Court struck down the Professional and Amateur Sports Protection Act in 2018. There was nearly $148 billion (£117.72 billion/€142 billion) wagered legally in 2024. That resulted in close to $370 million in tax revenue. That figure will end up slightly higher after Arizona reports its figures for November and December.
There is again compet..