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NY Online Sportsbooks Petition for Lower Tax, Argue 51 Percent Far Too HighWritten by: Devin O’Connor

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Some New York online sportsbooks are having a bit of buyer’s remorse. That’s after discovering the difficult regulatory conditions imposed on their mobile operations. New York’s sports betting law levies the highest online tax rate in the country. Mobile sportsbooks like BetMGM, DraftKings, and FanDuel are subject to a 51% tax on their gross sports
The post NY Online Sportsbooks Petition for Lower Tax, Argue 51 Percent Far Too High appeared first on Casino.org.
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