Does BetOnline Report to IRS?

BetOnline is a leading online sports betting company that operates in the United States. The company was founded in 1995 and is based in Las Vegas.

BetOnline is a licensed operator with the Nevada Gaming Control Board and is required to provide customer account information to the IRS.

In 2015, BetOnline paid $2 million in taxes to the IRS. This was part of a $10 million total tax payment that the company made that year.

In 2014, BetOnline paid $5 million in taxes to the IRS. This was part of a $25 million total tax payment that the company made that year.

Overall, BetOnline has paid over $40 million in taxes over the past two years. This shows that the company responsibly complies with all applicable tax lAWS and pays its fair share of taxes.

Related Posts