Finance , North America , Sports Betting
November 22, 2024

Louisiana Considers Raising Sports Betting Tax to 51% on GGR

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 […]

North America
May 25, 2024

Massachusetts Senator Proposes 51% Sports Betting Tax Rate

Massachusetts Senator Proposes Significant Increase to Sports Betting Tax Rate Massachusetts Senator Proposes Significant Increase to Sports Betting Tax Rate Imagine a scenario where the tax rate for online sports betting operators skyrockets, dramatically altering the financial landscape of the industry. Massachusetts senator John F. Keenan has proposed a substantial increase in the tax rate […]