To keep up, Hawaii is now considering sports betting at a much higher rate.

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To keep up, Hawaii is now considering sports betting at a much higher rate.

In case you miss out, more sports betting has begun in Louisiana.

Gambling in Hawaii can become a reality if a politician has his way. He wants Hawaiian sports betting and introduced HB 1815 last week. In addition to allowing residents to bet on sports, the bill states: "Any win paid by a sports betting provider to everyone is taxed, assessed and collected at 55%. Yes, I read it correctly. a 55% tax. At first, not everyone was happy about this. Mizuno, however, was quick to say that the bill aims to ruin the operator himself, not the bettors.

New York Mobile Sportsbook is only a few weeks old, and as one of the largest gambling markets in the United States, it should make a lot of money going forward… And that's exactly what state politicians wanted. Now, the New York market is living up to expectations, raking in just over $1.1 billion in sports betting revenue in just weeks of operation. These figures mean that operators made over $91 million in revenue in three weeks of operation. And at a 51% tax rate, New York made nearly $47 million in revenue.

Last Friday was a big day for Louisiana mobile sports betting, as six big operators officially broadcast live in the state! The activity was originally legalized in November 2020, but tax laws and pandemic-related delays pushed the release date back to the present.

 

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