Gambling News by House of Odds

Track owners also could get tax cuts While its leaders decry expanded gambling in Florida and warn of billions in state budget cuts, a measure pending in the Republican-led state House would give new tax breaks to wealthy racetrack owners and could lead to off-track betting parlors.

The US Government is urging Britain to amend the new gambling laws as part of a drive to crack down on money-laundering. The recommendation comes in a report presented to the US Congress which also calls for Britain to draw up new rules to monitor bank customers with links to foreign regimes.