Analyst says US betting-tax proposal poses limited risk to sportsbook operators
A Citizens equity research analyst argued that the betting-tax provision in the One Big Beautiful Bill Act is unlikely to cause major damage to gambling companies, despite potentially pushing some bettors out of the legal market. Jordan Bender said professional bettors could move to offshore sportsbooks, while poker accounts for about 1% of US online gaming revenue.
The proposal could affect bettors’ activity and migration, while the analyst sees limited exposure for operators.