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How a 51% Tax Could Change Sports Betting

It’s difficult to believe that the CEO of a major sports betting operator would say something to alienate his existing and potential customers. Yet, that’s exactly what Jason Robins did while speaking on the Canaccord Genuity 2021 Digital Gaming Summit held virtually last week. His statements came amidst conversations concerning how operators could be profitable in New York state with a 51% tax rate, so I guess now we know how DraftKings hopes to make money in that market! Hello my friends! And welcome to This Week in Gambling, where we’re following an interesting bit of news. The CEO of…

The post How a 51% Tax Could Change Sports Betting appeared first on This Week in Gambling.

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