With growth of sports betting and prediction markets, how are winnings taxed?
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Article Excerpt
With growth of sports betting and prediction markets, how are winnings taxed?
MICHAEL MCKIERNAN
SPECIAL TO THE GLOBE AND MAIL
PUBLISHED 1 HOUR AGO
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Betting companies have reported that rising interest in the World Cup has been matched by a surge in soccer wagers.
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Tax disputes over gambling winnings are nothing new, according to Toronto tax lawyer Jeff Kirshen.
Look back through decades of …
Read full article at The Globe and Mail ↗
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Jul 23, 2026