November 15, 2024
(DKNG, CZR, FLUT, MGM, PENN) Texas Sports Gaming Update
Investors should keep an eye on whether Texas Lt. Gov. Dan Patrick (R-TX), an opponent of legalizing sports betting, is appointed to a position in the Trump administration, as some reports have speculated given his…
November 13, 2024
Louisiana 51% Sports Betting Tax Hike Bill Withdrawn
In positive news for DKNG, CZR, MGM and PENN, Louisiana state Rep. Roger Wilder (R) withdrew his bill this morning that would hike taxes on sports gambling from 15% to 51%. Yesterday, we wrote here…
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…