. @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 …
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Replying to @RShaffer1
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@RShaffer1 I'm in favor of legalizing sports betting, but let's not wildly overestimate tax revenues.@G_Finan3 replies 0 retweets 0 likes -
Replying to @Grange95
@Grange95@RShaffer1@G_Finan Sports betting is considered Gambling thus gambling taxes would apply. Gambling taxes range from approx 20-50%1 reply 0 retweets 0 likes -
Replying to @BillyPolcha
@BillyPolcha@RShaffer1 Gaming tax rates vary widely. NV is 7.75% of gross gaming revenues (6.75% state, 1% local). http://www.americangaming.org/sites/default/files/uploads/docs/aga_sos2013_fnl.pdf …2 replies 0 retweets 0 likes -
Replying to @Grange95
@Grange95@BillyPolcha Your assumption is that gaining tax revenue from legalized sports betting is impossible. That is simply WRONG.2 replies 0 retweets 0 likes
.@RShaffer1 I never said you can't get tax revenues from sports betting. I said YOUR estimate of revenues is fundamentally flawed.
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