Accounts of sport betting lobbying across several states— revealed in dozens of interviews as well as documents obtained by Bloomberg News under public records laws — provide a window into how gambling interests and sports franchises tilted the playing field of a newly turbo-charged industry in their favor.

Fitch Ratings expects a “deteriorating” outlook for US states and local governments next year due to a slowing economy, according to the company’s 2023 outlook report.

The week in state tax news: A growing number of states are decoupling from a federal rule that imposes a tax penalty on legitimate cannabis companies by barring them from claiming business deductions for their operations. Meanwhile, Ohio is the latest state to find streaming entertainment services aren’t liable for local franchise fees. And Illinois is sweetening its tax incentives for electric vehicle manufacturers.

Wells Fargo Rail Corp. challenged a denial of tax credits in the wrong court due to a “preexisting jumble” of conflicting statutes, the Michigan Court of Appeals ruled.

Meriem El-Khattabi and David Patterson have joined Eversheds Sutherland’s SALT team as associates with the tax practice group in Chicago and Washington, D.C., the firm said Friday.

Our Spotlight series highlights the careers and lives of tax professionals around the world. This week’s Spotlight is on Kevin Flynn, Ernst & Young’s vice chair of tax for the Americas, based in San Francisco.

Former president Donald Trump “knew exactly what was going on” at two of his companies accused of tax fraud, a New York prosecutor told jurors at the close of a monthlong trial.