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They also point out that raising the age would not necessarily eliminate gambling by minors, as many individuals under 21 already engage in illegal gambling activities.
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They cite research suggesting that younger adults are more susceptible to problem gambling and that lowering the legal gambling age could lead to increased addiction rates and financial distress.
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The IRS Internal Revenue Service requires you to report your gambling winnings and losses, so you need to understand how this works to avoid penalties and ensure youre compliant.
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From his social media posts showcasing his luxurious trips to Las Vegas to his highroller reputation in the poker community, Drakes name often surfaces in discussions about online gambling sites.
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Youll receive a Form W2G if your winnings exceed certain thresholds.
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The following data may be collected and linked to your identity:
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Privacy practices may vary, for example, based on the features you use or your age.
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