article thumbnail

Fast Action: Tennessee Sportsbook Bets Service Quality On Instant Payments

PYMNTS

To an extent, that same spirit and intention is behind the recent spate of government approvals for online gambling. That leads to the product of said online activity — and that’s money. And the delivery of that product is behind the value proposition of Tennessee’s newest sports betting firm, Action 24/7. The High Rollers.

Tennessee 262
article thumbnail

Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

PYMNTS

Group Seeks to Block Maryland Online Advertising Tax. Marylanders for Tax Fairness is preparing for a battle in January over the state’s attempt to make a digital advertising tax, the Baltimore Sun reported. Maryland legislators ratified the tax earlier in 2020, but Gov. Larry Hogan vetoed the levy.

Maryland 151
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why State And Local Governments Struggle To Shred The Paper Check

PYMNTS

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. Instant payments are lauded for their convenience, ease and most importantly, for their speed.

Idaho 130
article thumbnail

Unicorns Drowse Through Summer

PYMNTS

The firm, according to the Canadian press, has hired Alexandra Dagg to help get ahead of efforts in various locations in Canada to tax and restrict hosting services in general. The taxes would be levied across hotel and provincial sales taxes, and would be an effort to keep housing markets from becoming overheated.

Tennessee 100
article thumbnail

New Carro Hire Shows How Vehicle Subscriptions Are Growing

PYMNTS

As digital and mobile technology changes the automotive market, vehicle subscription and online marketplace businesses are also growing, and undergoing changes. Automotive sales are increasing going digital — and more consumers are buying more used products of all types online. Ford Retreat. Proof of that comes from Ford.

Nashville 130
article thumbnail

What The Streamlined Sales And Use Tax Agreement Means After Wayfair

PYMNTS

Businesses depend on the public services tax revenues pay for: roads that facilitate deliveries, courts where firms resolve legal disputes and regulators that help protect businesses from fraud. Even businesses eager to pay their share, however, may feel that complying with tax laws is complicated. . SSUTA’s Role in South Dakota v.

Taxes 141
article thumbnail

Here’s How The Opioid Crisis Is Losing Retailers $9B A Year

PYMNTS

In addition, the crime cuts into state sales tax revenue: Tennessee loses more than $14 million a year to return fraud. For instance, Home Depot now only accepts store credit for in-store purchases, not online ones, and requires ID when credits are redeemed, thus limiting the resale value of store credit.

Retail 105