California Sports Betting Update: Cardroom Plan Tax Rate Down to 15%
Steve Bittenbender October 3, 2021
Filed under:
CA SPORTS BETTING,
Cardrooms,
Revenue,
Tax Rates,
CA Sports Waging & Consumer Protection Act
A proposed measure to legalize sports betting statewide pushed by a coalition of leaders from California cities has been amended with a reduced tax rate.
However, a legislative analyst’s report to state Attorney General Rob Bonta noted that tax collections still could increase to the point a constitutionally mandated appropriations limit is reached.
Complete article:
California Sports Betting Update: Cardroom Plan Tax Rate Down to 15%
Document Actions