November 22, 2024

Louisiana Considers Raising Sports Betting Tax to 51% on GGR

A new bill in Louisiana seeks to raise the tax on online sports betting to a staggering 51%. Introduced by Representative Roger Wilder, House Bill 22 (HB22) aims to transform the state’s sports betting landscape. With operators already grappling with high taxes, the proposed hike could reshape industry dynamics and impact player incentives. Explore the […]

April 12, 2024

NJ Bill S3064 to Hike Online Gambling Taxes to 30%

The Stakes Are Rising: New Jersey Proposes Hefty Online Gambling Tax Increase Attention, New Jersey gamblers and stakeholders! A new legislative move could transform the online gambling landscape in the Garden State. Senator John McKeon has introduced a groundbreaking proposal, Bill S3064, which seeks to escalate the tax rate on online gambling and sports betting […]

February 24, 2024

Illinois Governor Proposes Dramatic Increase in Sports Betting Tax

Illinois Governor’s Sports Betting Tax Hike: Industry Ramifications In a bold move that reverberates through the corridors of Illinois’ gaming industry, Governor JB Pritzker unveils a seismic proposal within the state’s $52.7 billion spending plan. Nestled amidst fiscal deliberations lies a significant tax hike aimed at reshaping the landscape of sports betting operations. As gambling […]