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According to a Friday report from the Bloomberg news service, the decision was revealed via an internal memo from the federal authority and could result in the two daily fantasy sports behemoths becoming liable for millions of dollars in unpaid taxes and late payment fees. The domestic industry as a whole purportedly generated about .eveloper Red Tiger Gaming has put pen to paper for the third time this month, adding popular online casino brand 32Red to its growing list of partners....

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In the United States and prominent daily fantasy sports operators FanDuel Group and DraftKings Incorporated could reportedly be in trouble after the Internal Revenue Service (IRS) ruled that such firms are to be required to pay federal excise tax on their entry fees.Significant sums:Bloomberg reported that American daily fantasy sports firms charge e888 casino slots rtp fnwantry fees that subsequently allow punters to compete for cash prizes based on the performance of athletes in a virtual line-up.“We are excited by the opportunities this agreement presents and look forward to working alongside their team in the months to come....

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“Red Tiger is a tier one provider with a track-record of popularity among a wide variety of audiences. We have no doubt its games will be well received by our players.Lowenhar-Fisher reportedly told the news service…“This is one of the most significant events in the evolution of sportsbetting in the United States that has happened in a long time....