Ohio governor issues proposal to double sports betting taxes again

In his opinion, the chairman of the sports betting coalition indicated some possible issues with the proposal. He said that licensed operators are forced to reduce other expenses, when they are obliged to pay taxes over 20% of their gross gaming revenue, especially in states that reach market access.

Therefore tax growth may occur in turn or on the other hand, it can restrict their sponsorship activities. In the latter landscape, sports organizations will eventually lose on potentially profitable agreements.
 
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