Its all good man and I enjoy the debate. And I want to avoid any Politics.

Here is a scenario I thought about. Lets say they make Sports Wagering Taxable. Twin Spires is required to send into the IRS a 1099-Gambler form.

I make a $100 Win bet at home on my account before I go to the Track. When I get to the Track I make another $100 Win Bet. The horse wins. Twin Spires reports my winner. But how does the On Track winnings get reported?

How do the On Track Losses get added in? Trying to tax On Track winnings would be as difficult as trying to tax Scratch Off winners at the Convenience Store of Lottery Tickets.

Here is the deal. There has been massive growth in on line wagering not just on horses but sports. Fan Duel, Bet MGM. Hard Rock. Its no longer what happens in Vegas stays in Vegas. Including Gambling winnings. Churchill Hill had a recent case where they had a Judge rule that wagers being made in Michigan but were routed thru an Oregon ADL they own were wagers made in Oregon. NYRA and many others were irate. Its the Wild West. But at the end of the day it comes down to DONT BITE THE HAND THAT FEEDS YOU. And that would be the Gamblers.....