Gambling News by House of Odds

VietNamNet Bridge - Underground gambling has gone wireless to evade Vietnams strict anti-gaming laws. At a Ho Chi Minh City caf near the airport, a gambler who asked to be known only as T. points to a man concentrating on his laptop.

Gambling winnings are fully taxable and must be reported on your tax return. Gambling income includes, but is not limited to, winnings from lotteries, raffles, horse and dog races and casinos, as well as the fair market value of prizes such as cars, houses, trips or other noncash prizes.