The Tax Foundation says US wagering taxes are increasing

The Tax Foundation identified another obstacle to entry as the need to be affiliated with a real casino or sports team. Certain states, such as Arizona, Kansas, Nevada, and Pennsylvania, mandate that platforms establish a partnership with a physical location. Nevadan customers must physically register their online accounts.

A changing regulatory environment and high operating costs have forced some operators out of states like Massachusetts. Notably, in 2024, the microbetting sites WynnBet and Betr departed the state. On the other hand, WynnBet also closed down its platforms nationwide.

 

[Qwert135]

When the taxes will be high in any country the business based startups will always find it difficult actually to be running and offering services in such countries and that is why packing things and closing out would be the path for them indeed .