PYMNTS

MARCH 12, 2020

Modell’s Sporting Goods has filed for bankruptcy and will shutter all its stores, the company said on Wednesday (March 11). With a longtime presence in New York and surrounding suburbs, Modell’s has 153 stores mostly located in the northeast region.

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Sports New York Retail Sales 57

PYMNTS

DECEMBER 18, 2020

Dick’s Sporting Goods is teaming up with Instacart for same-day delivery at 150 store locations, Instacart announced in a press release on Friday (Dec. The program is available in Connecticut, Delaware, Georgia, Maryland, New Jersey, New York, Ohio, Pennsylvania, Virginia and Washington, D.C. .

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Sports Delaware Connecticut Maryland 57

PYMNTS

MAY 7, 2020

CNBC reported health experts and government officials say sports events probably won’t happen until next year at the earliest. Having gone to those events, I don’t know you’d keep people from exposing the virus to one another, and I don’t know how you could contact-trace there without a lot of intrusion,” Bach told the news service.

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PYMNTS

APRIL 16, 2020

Sports betting site DraftKings is only issuing credits while events are canceled during the pandemic, but that hasn’t stopped it from plans to go public this month. The new, merged company will still be helmed by DraftKings CEO and co-founder Jason Robins, and the company will be based in Nevada alongside its initial base in Boston.

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Sports Nevada New Jersey Gaming 58

TaxConnex

MARCH 5, 2024

These digitized assets denote ownership of such collectibles as sports cards and artwork, even designer digital footwear. Major states like California, Illinois, New York and Texas have reportedly issued little or no guidance on the sales taxability of NFTs. The non-fungible token (NFT) remains a sizzling commodity.

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Withum

MARCH 29, 2023

It was the best of times; it was the worst of times for New York Met Fans. This article is not a discussion of whether the Mets have improved their rotation but a discussion of how the new teams affect the tax situations of the ace pitchers. Next, as to the case of Justin Verlander, he is moving from Texas to New York.

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Texas income tax New York Sports 122

PYMNTS

NOVEMBER 17, 2020

Despite recent positive progress that a COVID vaccine is moving closer to becoming a reality, when it comes to the resumption of the activities, sports and shows that constitute “normal life,” event planners say they still lack the visibility and confidence to safely stage large, crowded events. Undying Demand.

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PYMNTS

MAY 27, 2020

Telecom companies are offering reimbursements for subscriptions for live sports satellite television. The company also noted that “any rebates we receive from programmers and sports leagues will be provided to our customers.”.

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Sports New York Start-ups 52

PYMNTS

OCTOBER 28, 2020

On May 1, ESPN reported that “the sudden disappearance of sports will erase at least $12 billion in revenue and hundreds of thousands of jobs, an economic catastrophe that will more than double if the college football and NFL schedules are wiped out this fall by the coronavirus pandemic, an analysis conducted for ESPN shows.”.

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Sports Kansas Minnesota Gaming 41

PYMNTS

MAY 28, 2019

To reportedly build a licensing empire with the Sports Illustrated name, Authentic Brands Group LLC has agreed to buy the storied magazine from Meredith Corp. Authentic Brands Founder and Chief Executive Jamie Salter said, according to the newspaper, “Sports Illustrated has authority and the respect of athletes all over the world.”

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Sports Gambling New York Sales 49

PYMNTS

NOVEMBER 20, 2018

Amazon.com, the eCommerce giant, is reportedly making a bid for all of the 22 regional sports networks that Disney purchased as part of its Twenty-First Century Fox deal. YES, the New York network could be sold separately from the other networks, reported CNBC. Due diligence on the bids will commence next week, reported CNBC.

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Sports New York Entertainment Gaming 62

TaxConnex

MAY 23, 2023

Last time we looked at a sample of the strange sales tax laws regarding food, including a sliced bagel in New York. Almost half the states have stopped sales tax on diapers, but these baby products still, despite frequent efforts at repeal, incur sales tax in Maine, Ohio, Michigan, New Mexico, Nebraska, Washington and Nevada.

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South Carolina South Dakota Sales Montana 130

PYMNTS

MARCH 8, 2019

Amazon is reportedly ready to get into sports broadcasting. A group of investors led by the eCommerce operator is reportedly “ready to sign a deal to buy YES Network — one of New York’s most prominent cable sports channels.”. The YES network is among those properties.

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Sports New York Gaming Entertainment 40

PYMNTS

JUNE 18, 2018

Becoming an indirect, wholly owned subsidiary of JD Sports , Finish Line has completed its merger with the European retailer. As a result of the merger, Finish Line and JD Sports will create a multi-channel, multi-brand retailer “with expanded global scope,” according to Finish Line in an announcement. “We

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TaxConnex

DECEMBER 5, 2023

New York State and local sales taxes in the state are imposed on dues and membership fees paid to any athletic club in the state. “To The state disagreed, claiming that the voting rights that would not incur sales tax were tied to the club’s initiation fee, not to the membership fee.

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South Carolina Sales Tax West Virginia 204

PYMNTS

FEBRUARY 28, 2019

The nearly $17 billion youth sports industry is facing a dwindling number of registered referees. The Michigan High School Athletic Association, for instance, reported 12,722 registered sports officials in the 2008 to 2009 academic year, and that total fell to only 9,816 in the 2017 to 2018 season. Speedy Disbursements.

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Sports Gaming Michigan Technology 43

PYMNTS

AUGUST 12, 2019

Business email compromise has come to high school sports. Meanwhile, the Brixmor Property Group of New York City said this past week that it has agreed to pay $7 million to settle charges of accounting fraud tied to former executives of the company. As reported this past week by Fox 5 in Washington, D.C.,

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Sports Real Estate accounts payable audit 59

TaxConnex

APRIL 19, 2022

These digitized assets resemble cryptocurrencies but are different – most people buy NFTs with crypto, for instance – and are termed “distinctive digital assets” denoting ownership of such collectibles as sports cards and artwork, and even designer digital footwear and Tweets. But again, what does that mean for sales tax? Central Bank.

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PYMNTS

MAY 11, 2020

Sports teams are offering their fans the opportunity to ask for reimbursements. The New York Rangers are letting those who have season tickets ask for a reimbursement on the couple of home games that remain, The New York Post reported.

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Sports New York Gaming 56

PYMNTS

DECEMBER 16, 2020

Digital sports entertainment and gaming industry platform DraftKings — known for its top-rated daily fantasy sports and mobile sports betting apps — today announced an agreement with InComm Payments , a global leading payments technology company, to launch an industry-first retail gift card. . DraftKings reported on Friday (Nov.

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Gaming Retail Sports B2C 92

Withum

MARCH 9, 2023

No, I did not see the original show on Broadway, but I saw many revivals, including many at The New York City Center with Sally Ann Howes (who played Eliza Doolittle in the first Broadway show I ever saw) and Edward Villella, whom I’ve seen many times at the New York City Ballet.

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Sports New York Tax 59

PYMNTS

JANUARY 8, 2020

“American Dream has said it can beat the odds because of its attractions — counting a Nickelodeon Universe park, an ice skating rink and a ski slope among them — and its accessibility to New York City,” Bloomberg reported. “It

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Entertainment Sports New Jersey Texas 52

PYMNTS

JUNE 8, 2016

For anyone who has yet to pay their respects to the dearly departed Sports Authority brand, there’s still time. So, in a few short weeks, Sports Authority’s physical legacy will take another step toward the sands of time.

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Sports Real Estate Retail New York 40

PYMNTS

SEPTEMBER 17, 2020

Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports, leaving millions of fans and a great many bettors potentially mired in boredom. This is never going to replace real sports, but it’s something we can do for now to give people their fix,” Ray Marino, head trader for live U.S.

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PYMNTS

MAY 12, 2020

Sports teams are offering their fans the opportunity to ask for reimbursements. The New York Knicks, in one case, told those who have season tickets in an email that they could receive a complete reimbursement on the eight delayed contests in the regular season, the New York Post reported.

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New York Sports Gaming 52

PYMNTS

JANUARY 29, 2021

The games include lotteries, sports betting, daily fantasy sports and casino games. online casino games are only allowed in Delaware, Nevada, New Jersey and Pennsylvania. Earlier this month, New York Gov. Currently in the U.S.,

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Withum

AUGUST 24, 2023

When the news broke on June 7, 2023, that Lionel Messi, the larger-than-life Argentinian footballing icon, would play the next two and a half years of his career with Inter Miami FC in the United States, a buzz took over the sports world that only he could create. billion agreement. Those same tickets today are upwards of $450.

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Sports Florida income tax Tax 52

PYMNTS

JULY 26, 2020

Sports teams are offering to provide season ticket holders with reimbursements or credits. As the pandemic continues to disrupt everyday life the world over, many consumers want refunds on things they paid for but aren’t able to use.

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Sports New York Gaming Sales 56

PYMNTS

JANUARY 22, 2021

Early investors in the company include Focus Media Network, Sequoia Capital China, China Media Capital, China Jiansheng Sports Industry Fund, Guangdian Capital and Averest Capital, according to VSPN. Consumer demand for eSports and online sportsbooks has increased during the pandemic, which saw the cancellation of most live sporting events.

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Sports Nevada Gambling Gaming 72

PYMNTS

SEPTEMBER 27, 2016

The fantasy sports business is once again under fire. District Court for the Southern District of New York. The plaintiffs in the suit are Anthem Sports & Entertainment Corp. and Fantasy Sports Network Inc., the latter is a New York business, the former Toronto-based. DraftKings is facing a $4.16

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Sports New York Entertainment 64

PYMNTS

OCTOBER 2, 2020

Last month, The New York Times reported online sportsbooks have benefited since COVID-19 eradicated most live sports, leaving millions of fans with nothing to do. As casinos closed, firms like DraftKings and FanDuel expanded their online sports betting options and partnerships to keep the action going during the pandemic.

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Sports Gaming New York Entertainment 56

PYMNTS

JULY 2, 2020

Sports teams, in one case, are offering to provide reimbursements to season ticket holders. The news comes as it’s not a sure bet that fans will be able to enter Soldier Field in the NFL season to come. At that time, the New York Giants are set to visit Solider Field.

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Sports New York Gaming Retail 64

PYMNTS

JUNE 8, 2020

But finally, pro sports look set for a return. That’s good news, because of all of the things people have missed during the shutdown, many sports fans have suffered especially acutely. Fortunately, sports fans have only a few weeks to wait before having some real games to watch. 1 rather than the usual October.

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PYMNTS

JUNE 9, 2020

Neiman Marcus reportedly may vacate its fashionable year-old digs at the Shops at Hudson Yards in New York City, as its landlord is shopping it to potential tenants as office space. Other retail bankruptcies include JCPenney , J.Crew Group , Pier 1 Imports, Modell’s Sporting Goods and discount home-goods seller Tuesday Morning Corp.

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New York Sports Retail Finance 52

PYMNTS

DECEMBER 29, 2020

On another note, professional football player Russell Okung will be the first player from a significant American sports league to get paid via "bitcoin," CoinDesk reported. In other news, GMO Internet Inc. has received the New York Department of Financial Services’ green light to create GMO-Z.com Trust Company, Inc.

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Sports New York Finance Tax 93

Withum

SEPTEMBER 21, 2023

We will look at the case of Saquon Barkley , New York Giants running back, whose contract situation was a microcosm of the entire running back ecosystem. Author: Anthony Mongelluzzo | amongelluzzo@withum.com Contact Us For more information on this topic, reach out to Withum’s Professional Sports Services Team.

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CPA Practice

APRIL 12, 2024

Mizuhara met the bookmaker in 2021—a source said in San Diego after a Padres game—and started placing sports bets, according to authorities. In the aftermath of the gambling scandal, questions arose about Mizuhara’s resume, as cited in news stories and the Angels media guide. None was on baseball, Estrada said. at [link].

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Gambling Arizona Gaming Sports 69