. @G_Finan Too bad @RShaffer1 doesn’t understand $150B sports betting handle won’t translate into $15B tax revenue. http://craakker.blogspot.com/2015/02/setting-line-for-sports-betting-revenue.html?m=1 …
.@RShaffer1 (1/2) Agree potential tax revenue is highly speculative. But your estimate of $15B tax revenues is based on faulty methodology.
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@Grange95@RShaffer1 If you tax something at twice the normal house edge what will the lay be? -130? Players will just bet offshore. -
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@John_Mehaffey@RShaffer1 Current NV tax rate is 0.43% of handle (7.75% tax on 5.5% hold). Shaffer proposes tax rate of 10% of handle. - 6 more replies
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