Tag: Taxes
Louisiana Sports Betting Tax Could Be Doubled By Lawmakers
On Monday, the House Appropriations Committee voted 20-1 in favor of a bill that proposes doubling the Louisiana sports betting tax. House Bill 639 would raise the tax rate from the current 15% to 32.5% for online
Colorado Proposes Tax On Free Bets
Free bet offers have traditionally not been taxed, however, a bill put forward in Colorado looks to change that. Current regulations mean sportsbooks in the state can deduct a certain percentage of free bets issued to
Lawmakers in Louisiana could consider taxing unregulated iGaming operators
According to State Representative Mike Echols, Louisiana loses up to $4.6 billion annually in untaxed revenue. With that, operators are considering taxing unregulated online casinos in the state. Off-shore markets still
Maryland Governor Proposes Doubling Sports Betting Tax to 30% in FY2026 Budget
Gorvernor Wes Moore has proposed to double the Maryland sports betting tax to 30% in his budget highlights for FY2026. The proposals outlined in a comprehensive budget also suggest ramping the gaming table tax rate from