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Sky High Taxes Leave BetMGM [...]

Sky High Taxes Leave BetMGM Holding Back NY Exposure

One of regulated sports betting’s main appeals to state governments was the opportunity to raise new revenue through sports betting taxes. While most states took a relatively modest cut of the action with tax rates coming in at around 10 percent, usually calculated by the gross gaming revenue (GGR). But a few states took the […]

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