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How States Tax Sports Betting: A Comparative Analysis

Withum

Keep in mind that the tax rates differ for retail sports betting, but this article will focus on the key points for mobile and online sports wagering. Taxing Sports Betting Revenue by State New York: The Empire State boasts the highest tax rate for sports betting revenue at an eye-popping 51% on gross gaming revenues.

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How To Make Online Sports Gaming A Sure Bet For Payments, State Governments

PYMNTS

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. Several other states have online gambling legislation in the works. The Current State. The Technology Component.

Sports 43
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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

Not only do gift cards stand as the most popular holiday present, according to the National Retail Federation and other sources, but a Blackhawk Network survey found that “44 percent of consumers surveyed are interested in receiving a gift card to play the lottery, while 43 percent would be interested in giving a lottery gift card.”.

Ohio 41