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California Sports Betting Update: Cardroom Plan Tax Rate Down to 15%

Steve Bittenbender October 3, 2021

 

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%

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