Gambling Tax, Fantasy Under Attack in California, Dream Regulations and More With Former Colorado State Representative Alec Garnett (Episode 880 with Adam Levitan)

Adam Levitan sits down with former member of the Colorado House of Representatives and former Speaker of the House, Alec Garnett, to discuss the gambling implications from recent legislation and regulations across the United States. In this episode, we discuss: - What are the changes to the gambling tax from the new bill - How small, late amendments are added to bills - Why fantasy football for money in California is under threat - Explaining Illinois’ “Per-Bet Tax” and what it means for consumers - Who are the biggest winners from the new legislation and regulations Timestamps: 0:00 - Intro 1:31 - The Gambling Tax Changes from Trump’s “Big, Beautiful Bill” 5:58 - Why Were The Changes Made? 14:36 - California’s Attorney General’s New Stance on Fantasy Sports for Money 23:01 - Illinois’ New “Per Bet” Tax on Sports Betting Operators 34:19 - Adam’s “Legislations If He Were King” Download the DraftKings Daily Fantasy app now to draft your $20 Best Ball lineup to play for a share of $15 million—and get a second ticket to play FREE for a share of $15 million. That’s two chances to win big without ever setting your lineup again. Draft One, Get One—only on DraftKings. The Crown Is Yours. https://dkng.co/BestBallETR Gambling Problem? Call 1-800-GAMBLER or 877-8-HOPENY/text HOPENY (467369) (NY). Help is available for problem gambling. Call ⁠(888) 789-7777⁠ or visit ⁠ccpg.org⁠ (CT). 18+ in most eligible states, but age varies by jurisdiction. Eligibility restrictions apply. Void where prohibited. One per customer. Enter the Best Ball $15M headliner contest by 9/4/25 to get one bonus entry. $20 entry fee required. Reward expires in thirty days. See terms at draftkings.com/nfl-best-ball. Sponsored by DK. Want ETR on your team this season? Our 2025 NFL Best Ball Product has you covered with: Real-Time Rankings Research & Analysis Articles Draft Strategy Content Draft Livestreams Discord Community Q&As with ETR Team Subscribe now at https://establishtherun.com/subscribe/ DFS OPTIMIZER: Sign up for THE SOLVER for access to the software we think fantasy players need to win: https://thesolver.com/?ref=etr WE CAN HELP: Tired of attention-seeking hot takes? Get the highest-quality fantasy football analysis in your inbox, FREE : https://bit.ly/establishtherun SPORTSBOOK OFFERS: We’ve partnered with several major sportsbook outlets to help supply you with the best offers in the industry and ensure you’re maximizing your bankroll from the start: https://establishtherun.com/offers/ FOLLOW US: Check out our social media channels for FREE fantasy football & DFS videos, analysis, and more: https://linktr.ee/establishtherun