PYMNTS

NOVEMBER 10, 2020

Gaming FinTech Mazooma has formed a partnership with FinTech data network Plaid to bring an instant transfer solution to the iGaming and sports betting industry, according to a Tuesday (Nov. Mazooma, a gaming industry leader for more than 15 years, is headquartered in Atlanta, Georgia and was founded in 2009. 10) press release.

Sports 55

Sports Gaming Georgia Legal 55

PYMNTS

AUGUST 23, 2019

But recreational pursuits like live sports have also been given a tech makeover. In the latest version of the Commerce Connected Playbook: Sports And Gaming Edition , PYMNTS examines how the sports world is changing to accommodate a new generation of digital and mobile fans, including the in-person and online sports experiences.

Sports 79

Sports Oklahoma Gaming Technology 79

CPA Practice

JANUARY 10, 2024

The legalization of sports betting and online gambling has led to an explosion in gaming across America. With over a decade specializing in gambling taxes, this Las Vegas CPA has worked with everyone from professional poker players to casual sports bettors. It does not account for any losses incurred.

Gambling 80

Gambling Tax Account accountant 80

PYMNTS

NOVEMBER 18, 2019

Against that backdrop, considering the speed at which states are accepting online sports betting (and the strength of the dollars flowing into the space), legalized gambling via mobile seems a sure wager. Part of the impetus comes from the fact that sports betting is legal in 19 states, though mobile betting is only allowed in 13 of them.

Sports 43

Sports Gambling Gaming Government 43

Going Concern

AUGUST 22, 2023

Why is it every time mainstream media writes about accountants they just have to drag the stereotypes into it? Everyone, meet the world’s fastest accountant. I’ve had a lot of support from all the different accountant bodies,” he said. They’re like ‘yo, you’re putting accountants on the map’. Well, we know of some.

Account 95

Account accountant accounted Sports 95

CPA Practice

APRIL 25, 2024

PICPA received survey responses from 323 accounting professionals nationwide who have zero to 15 years of public accounting experience and have left their firm or profession within the past five years. Progress is being made, but accounting is a pay-laggard among most financial professions,” PICPA said in the report.

accounting firms 89

accounting firms Pennsylvania Account accountant 89

Going Concern

MARCH 21, 2023

Was ChatGPT sent to us from the future to rescue the industry from the pipeline crisis by filling open accounting jobs with cyborgs and sentient machines? Accounting is ridiculously rules-based: assets = liabilities plus equities; debits = credits; cash in > cash out, etc. It isn’t just another game, it’s a different sport.

Account 104

Account accountant accounted tax return 104

PYMNTS

FEBRUARY 28, 2019

The nearly $17 billion youth sports industry is facing a dwindling number of registered referees. The shortage threatens to hamstring kids’ abilities to play games as schools across the nation report declines. Resolving these payments pain points could be vital to helping ensure there are enough officials to maintain game schedules.

Sports 43

Sports Gaming Michigan Technology 43

PYMNTS

FEBRUARY 5, 2019

5), details emerged about the success and failure of the new online sports betting regime in the U.S. Now the next major test for sports betting is about to unfold. Save for fans of punting, the Super Bowl offered relatively little in terms of game excitement, and will go down as a matchup that produced a low score and low TV ratings.

Sports 49

Sports Gambling Nevada Legal 49

Withum

NOVEMBER 8, 2023

As we’ve covered previously , there are threats to Collegiate venues and game developers that are unique to the Esport industry. Criminals use hijacked accounts to make fraudulent purchases and transfer valuable in-game assets to fence accounts to resell for real-world currency.

Sports 59

Sports Gaming Government Account 59

PYMNTS

JANUARY 29, 2019

Will Tom Brady turn in his jersey after the game for an AARP card and hit the celebrity golf circuit? For payments and commerce , there’s another uncertainty that hangs in the air: Will legal online sports betting keep going forward, despite a recent decision by the U.S. Which brands will blow it? More about that in just a bit, though.

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Sports Gambling Legal New Jersey 67

PYMNTS

APRIL 22, 2019

The online fantasy sports-betting space is growing strong. That means thwarting money laundering efforts, would-be underaged users and anyone attempting to use someone else’s account information. De ep Dive: How Online Gaming Platforms Can Fight Fraudsters, Customer Defection. Find the full account in the Tracker.

Sports 57

Sports Gambling Gaming Technology 57

Withum

MARCH 29, 2023

A baseball season consists of 162 games, with an equal amount played home and away. DeGrom will, therefore, play a minimum of 81 games in Texas and more if they are playing the Houston Astros. Since half of these games will be played outside of Texas DeGrom’s tax of 5.45% would be approx. $1 1 million of taxes.

Texas 122

Texas income tax New York Sports 122

PYMNTS

MARCH 19, 2019

according to the American Gaming Association. The NCAA men’s basketball tournament stands as the largest sporting event since the Feb. Supreme Court, which in May 2018 struck down a 1992 law passed by Congress that made it illegal for most states to legalize sports betting within their borders. That’s thanks to the U.S.

Sports 50

Sports Legal Gambling New Jersey 50

CPA Practice

MARCH 26, 2024

The IRS is investigating the recently fired interpreter for Los Angeles Dodgers star Shohei Ohtani after he was implicated in a scandal involving illegal sports gambling and significant financial theft from his longtime friend. According to ESPN, the firing was triggered amid questions surrounding at least $4.5

Gambling 69

Gambling Sports California Legal 69

CPA Practice

MARCH 22, 2024

The IRS is investigating the recently fired interpreter for Los Angeles Dodgers star Shohei Ohtani after he was implicated in a scandal involving illegal sports gambling and significant financial theft from his longtime friend. According to ESPN, the firing was triggered amid questions surrounding at least $4.5

Gambling 69

Gambling Sports California Legal 69

PYMNTS

FEBRUARY 27, 2019

Slovenia is due to see an instant payments platform launch from Bankart this month, while Malaysia has a new solution of its own, enabling instant credit transfers to bank accounts using details such as mobile phone numbers or national IDs. How Swifter Sports Payments Keep the (Soccer) Ball Rolling. Elsewhere in the U.K.,

Sports 57

Sports Nebraska Gaming Account 57

PYMNTS

JANUARY 15, 2019

Fiserv , a global financial technology company, and Stack Sports, a sports tech leader, have teamed up to assist in youth sports payments and make them easier and more efficient, according to a release. Stack Sports will be using Fiserv’s digital payments SDK to allow payments from right inside the Stack Sports ecosystem.

Sports 43

Sports Technology Gaming Account 43

PYMNTS

OCTOBER 11, 2018

Each year, nearly three-quarters of American children sign up for a youth recreational sports. Roughly one-quarter of American adults play sports, finding teammates and games with recreational sports leagues hosted by local companies or organizations. They’re in it because they love sports. Getting Organized.

Gaming 43

Gaming Sports Government Account 43

PYMNTS

AUGUST 12, 2020

People love their sports teams, and much of that feeling is carried fan-to-fan in packed stadiums where the electricity of competition and comradery meet overpriced hot dogs and beer for an incomparable in-person shared human experience. It’s one of several COVID-era innovations from the fantasy sports brand.

Sports 90

Sports Gaming New Hampshire Illinois 90

CPA Practice

JUNE 6, 2023

Elizabeth Pittelkow Kittner, CPA.CITP, CGMA, DTM 2023 Most Powerful Women in Accounting VP of Finance & Human Resources International Legal Technology Association How do you envision the accounting profession evolving in the foreseeable future for women? Accounting is one of the best professions in the world!

Account 52

Account accountant accounted accounting and finance 52

PYMNTS

MAY 16, 2018

Soon, however, the payments industry will be able to tap into that market legally, thanks to a recent decision by the Supreme Court to axe a federal law that prohibited gambling on sports in most U.S. The opportunity is big, and it’s going to move fast, says Joe Pappano, SVP Worldpay Gaming. Fraud Isn’t A Problem.

Sports 40

Sports Gambling Gaming Legal 40

CPA Practice

JUNE 6, 2023

Tommye Barie, CPA 2023 Most Powerful Women in Accounting EVP – Leaders Development Success Institute, LLC How do you envision the accounting profession evolving in the foreseeable future for women? The accounting profession will continue evolving to provide more desirability and opportunities for women.

CPA 52

CPA Account accountant accounted 52

PYMNTS

SEPTEMBER 23, 2020

But George Connors , senior vice president of gaming and sports solutions at Fiserv , told PYMNTS in a recent conversation that other things have remained the same — like online gaming. professional sports seasons get delayed due to the coronavirus, players will identify alternative events that whet their gambling appetites. “I

Gambling 88

Gambling Sports Gaming Entertainment 88

Withum

FEBRUARY 21, 2023

A recent article in Sports Illustrated supports this thought. According to this article the “highest earners at their position, (long snapper position) accounted for about 1% of the league’s $120.6 The article is about the long snapper position, a highly skilled, yet low paying position in the NFL.

Sports 122

Sports Gaming Account accountant 122

CPA Practice

APRIL 12, 2024

TNS) Baseball superstar Shohei Ohtani’s former interpreter has been charged with stealing more than $16 million from Ohtani’s bank account to pay the translator’s illegal gambling debts, federal authorities announced Thursday, April 11. Estrada said winnings from Mizuhara’s gambling ventures went straight to his account, not Ohtani’s.

Gambling 69

Gambling Arizona Gaming Sports 69

Going Concern

JULY 18, 2022

Are accounting firms walking back remote work? Fire at a small accounting office in Austin, TX over the weekend. by the FRC for ‘serious failings’ in Sports Direct audits. Accountant imprisoned 3½ years for taking $1 million from New Orleans firefighters fund. Grant Thornton fined £1.3m

Account 57

Account accountant accounted audit 57

Withum

FEBRUARY 29, 2024

Sports fans across the world turned their heads when Shohei Ohtani’s record breaking $700 million contract with the Dodgers was announced. There are a few limited exceptions to this rule most notably if there is an account balance plan. Many people, myself included, were enamored with the figure alone. appeared first on Withum.

income tax 105

income tax Tax Sports payroll 105

PYMNTS

JANUARY 12, 2017

But professional sports organizations can act similarly. That is, professional sports organizations can act as corporate role models to other organizations, at least when it comes to their B2B payments practices, said Max Eliscu, CEO of B2B payments and invoicing firm Viewpost.

Sports 44

Sports B2B Entertainment accounting and finance 44

Withum

FEBRUARY 29, 2024

Sports fans across the world turned their heads when Shohei Ohtani’s record breaking $700 million contract with the Dodgers was announced. There are a few limited exceptions to this rule most notably if there is an account balance plan. Many people, myself included, were enamored with the figure alone.

Tax 97

Tax income tax Sports payroll 97

PYMNTS

JUNE 17, 2020

will include sports — in fact it will have two business models. One will be live gaming with teams competing for cash and prizes in arenas full of thousands of screaming fans. He said he’s most proud of his Counter Strike team, which competes for cash, prizes and glory within what used to be an online-only shooter game.

Sports 81

Sports Gaming Technology basic accounting 81

PYMNTS

APRIL 1, 2016

If anything, the issue over the legality of the games these sites provide has only grown murkier, especially as the payments companies that were once supporting the burgeoning industry have begun to pick sides in the regulatory fight. The latest development, however, seems to fall in favor of the pro-daily fantasy sports camp.

Massachusetts 40

Massachusetts Sports Gambling Legal 40

Going Concern

MARCH 11, 2024

We’ll be doing an article shortly, in the meantime here are some quotes from INSIDE Public Accounting : Bob Cedergren, MNCPA board chair added, “I can tell you from my own experience, through conversations with colleagues throughout the country and the members of the MNCPA, that we have a significant shortage of CPAs.

audit 62

audit Minnesota Account accountant 62

PYMNTS

MAY 28, 2018

Amazon is rethinking returns, routers have been overrun by Russians and credit card issuers may not yet be betting on sports gambling, regardless of what the Supreme Court says. At some point, his account was reinstated. Issuers Take a Hard Pass on Sports Gambling. Amazon’s Returns Reset. And now we all have to suffer for it.

Gambling 40

Gambling Sports Gaming Manufacturing 40

Xero

JUNE 19, 2023

But, with 70% of women’s football clubs operating at a loss*, there is an opportunity for our community to help improve the financial health of clubs if we want to grow the game.

bookkeeping 93

bookkeeping accounting and finance Education Sports 93

Reckon

JUNE 20, 2023

My team primarily deals with our software partners (which we call ‘cloud advisors’) for Reckon One accounting software, but we also look after other products such as Reckon Insights and Reckon Accounts Hosted. And I look after our “Key Accounts”. What are some of the key accounts you’re working on at the moment?

Sales 95

Sales Gaming accounting and finance Sports 95

Withum

NOVEMBER 1, 2022

Among the most dramatic has been in the eSports and online gaming arenas which boasted a market value, for the first time in its short history, of over $1 billion at the end of 2020 and is expected to double to just over $2.1 For more information on this topic, please contact a member of Withum’s Sports and Entertainment Services Team.

Entertainment 72

Entertainment Gaming Sports audit 72