1/x Thought that just crossed my mind regarding today's #DFS overlay discussion and taxes in places like New York.
Taxes on revenue would not apply to the overlay from the company perspective. Players would still be taxed on winnings.
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This is what I figured... every time there's overlay, no revenue for the state. I wonder if states w/ taxes are excited about that
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States want to protect citizens from the evils of gambling. But they want/need them to gamble more for tax purposes.
End of conversation
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