Pennsylvania’s Tax on Sports Betting Set to Be the Highest
When sports betting finally debuts in the Keystone state’s casinos, it is anticipated that it will have the highest sports betting tax rate in the United States. There has been a lot of debate about how this could affect the budding industry, especially because prior to the lifting of the ban on sports betting, a number of gambling operators were operating tax-free. Concerns have been raised regarding how these rather high taxes could...
US Supreme Court Lifts the Federal Ban on Sports Betting
Sports betting is in the United States is about to go through a major changeover thanks to a Monday U.S Supreme Court decision that has effectively made it possible for widespread regulation of the activity in various states. The long-awaited Supreme Court ruling was made in favor of the New Jersey, which had filed a petition against the Professional and Amateur Sports Protection Act (PASPA) of 1992 that made sports betting illegal in...
