December 18, 2025
Sports Betting: State Tax Update
As we enter 2026, we highlight the following four states that we believe are the most likely candidates to at least consider raising their online sports betting tax for DraftKings (DKNG), Flutter’s FanDuel (FLUT), MGM…
December 8, 2025
Capitol Policy Weekly: ACA Subsidies, Farm Aid, the NDAA, Permitting Reform, Sports Betting, U.S.-India Trade Talks and Ukraine
The House and Senate are in session for the next two weeks before taking off for the rest of the year. As for this week, we see the following items that could be important to…
January 15, 2025
(DKNG, FLUT, CZR, MGM) Sports Betting Policy Update
We see little positive legislative movement for the sports gambling sector [DKNG, FLUT, CZR, MGM], since we do not expect any of the 11 states that have yet to legalize the practice to make further…
December 17, 2024
[DKNG, FLUT, CZR, MGM] Sports Betting in the Crosshairs?
We don’t believe today’s Senate Judiciary Committee hearing entitled “America’s High-Stakes Bet on Legalized Sports Gambling” does little to move the needle on federal legislation, despite most senators being critical of the industry. In fact,…
November 12, 2024
(DKNG, CZR, FLUT, MGM, PENN) Don’t Bet on Louisiana’s 51% Tax Hike
We doubt that legislation introduced yesterday by State Rep. Roger Wilder (R) to increase the sports Gross Gaming Revenue (GGR) tax from 15% to 51% in Louisiana will be passed in the special session, which…