Currently, 31 states plus Washington, D.C., offer legal sports betting, with several more expected to do so soon.
People absolutely love it. And, now, with widespread legal betting spreading rapidly, Gambling Twitter is on the rise.




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We now have two nickels and three pennies, which constitute our increase via gross gaming revenue (GGR). Then the deductions begin, most notably in the form of state taxes, which vary from state to state, and supplier fees. Thus, our net gaming revenue (NGR) will be lower, perhaps notably so, compared to our GGR. If our company is catering to a state like Pennsylvania, that 36% tax rate for sports betting, 54% tax rate for slots, and 16% tax rate for table games will sting. If it is in New Jersey, the 15% rate is less ��taxing.��

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