Articles

Indiana gambler loses in tax court

In a case of first impression, a northwest Indiana man failed to convince the Indiana Tax Court that his blackjack playing was how he earned his living and, therefore, he should be eligible for certain gambling-related deductions from his state income taxes.

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Indiana joins bid to upset prohibition against sports gambling

Eighteen states, including Indiana, have joined New Jersey at the United States Supreme Court in crying foul over a 25-year-old federal statute that prevents them from legalizing gambling on collegiate and professional basketball, football, baseball and other sporting events.

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Legislators bet on fantasy sports

With figures that say between 500,000 and 1 million Hoosiers play daily fantasy sports, state legislators decided now was the time to regulate the growing industry before it got too big.

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Fantasy sports companies defend embattled industry

Fantasy sports sites say their contests aren't gambling because a player's skill level is more of a factor than chance in determining success, but some states have declared them gambling games and either banned them outright or required operators to get gambling licenses.

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