- A money grab by professional sports leagues and high state tax rates on revenue could leave bookmakers at a serious disadvantage to the black market, observes gaming experts.
- The NBA has floated the idea of a 1% "integrity fee" on all betting action, while the state of Pennsylvania has proposed a sky-high tax rate of 36% on revenue generated from sports betting.
- Bookmaking firms may have to offer less competitive odds or add fees to protect their sports betting profits, leaving them at risk of losing business.
- Previously: All eyes on sports betting plays (May 15)
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