Treasury Reviewing Gambling Tax Rule

By DRF.com
WASHINGTON, D.C. (Aug. 6, 2014) -- The U.S. Treasury Department has told Congress that it will review a proposed reinterpretation of a tax rule that would be favorable to horseplayers, the National Thoroughbred Racing Association, which conducts federal lobbying efforts on behalf of the racing industry, said Wednesday.

http://www.drf.com/news/treasury-department-consider-altering-tax-rule-winnings