Gambling This Week: Scary Sports Betting News

This week’s spooky gambling news is a follow-up to New York mobile sports betting and scary tax rates that threaten to destroy the industry. J. Todd also talks about record gambling returns in New Jersey and Pennsylvania and shares two Halloween game reviews.

If you thought the proposed 50% tax rate for New York mobile sports betting was too high, grab your butt with both hands. The State Gaming Commission just confirmed that the new and improved tax rate will be over 64%, the highest in the U.S.

Businesses who applied for a license to offer New York mobile sports betting were notified of these changes, and the Commission has given them until Monday, October 25, to amend their bid offers if they didn’t include a minimum tax rate of 64%. So, that’s pretty nice of them, right? 온라인카지노

The Gaming Commission has set a date of Dec. 6, 2021, to determine which operators will receive the New York mobile sports betting license. However, the new tax rate has been announced, leading to speculation that the selection process could be much quicker.

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