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MD Sports Gambling Revenue Soars As US Hits Record $13.7B In 2024 MD Sports Gambling Revenue Soars As US Hits Record $13.7B In 2024
MD Sports Gambling Revenue Soars As US Hits Record $13.7B In 2024 The US sports betting industry shattered records in 2024, pulling in nearly $14 billion in revenue as more states embraced legal gambling. Sportsbooks brought home $13.71 billion in revenue in 2024, the American Gaming Association (AGA) said in a news release on Wednesday, Feb. 19. That was up 25.4 percent from 2023. Americans legally bet $147.91 billion on sports, a 23.6 percent jump from 2023. More than 95 percent of those wagers were placed online, continuing a trend that has made mobile betting the dominant force in the industry. New York remained the top sports-betting marke…
$44M COVID Tax Scheme: 7 Nabbed In Largest US Case Ever $44M COVID Tax Scheme: 7 Nabbed In Largest US Case Ever
$44M COVID Tax Scheme: 7 Nabbed In Largest US Case Ever Seven New Yorkers have been charged in a sweeping tax fraud scheme, accused of exploiting pandemic relief programs to steal over $44 million, federal prosecutors announced. The indictment by the US Attorney's Office for the Eastern District of New York, unsealed Wednesday, Jan. 22, alleges that the defendants filed over 8,000 fraudulent tax returns, seeking more than $600 million in COVID-19 relief funds through the Employee Retention Credit (ERC) and related programs. Investigators determined the group successfully secured $44 million from the federal government. Defendants Long Island …
Teamsters Union Launches Strike Against Amazon Teamsters Union Launches Strike Against Amazon
Teamsters Union Launches Strike Against Amazon As the holiday season peaks, the Teamsters Union has initiated a significant strike against Amazon, targeting facilities in four states. This action is described as the largest labor movement in the company’s history. On Thursday morning, December 19, union members began protests at a fulfillment center in Queens, New York, with additional strikes occurring in Atlanta, Southern California, and Skokie, Illinois. The union aims to highlight unacceptable working conditions and Amazon’s refusal to engage in collective bargaining.  Their demands include better wages, hours, and benefits fo…