Thanks, Tom Brady…we need the cash!
Thankful the Governor extended his Executive Order so I could register online without having to go to a casino.
What is the state tax rate on gambling?
Can’t wait until the NCAA Basketball Tourney gets back. They’re be a buck or two made off that.
How about those Super Bowl LV commercials? Amiright?
I’m far from an expert on this, but it looks like for every dollar bet, the gross profit (AGR) was about 17 cents, which seems high for sports betting.
The state’s take is 15% of the AGR. So you can debate whether it’s worthwhile. Hardly seems like a progressive policy, and there is addiction potential. For most it’s probably fairly harmless entertainment, but something that should be monitored.