Gaming operators challenge New York’s 51% sports betting tax at policy panel
Fanatics, FanDuel and Boyd Gaming representatives argued at a National Council of Legislators from Gaming States panel that gambling companies pay substantial taxes. FanDuel’s Cesar Hernandez cited New York’s 51% sports betting tax, while a state assembly representative said the rate could not be reduced; speakers also discussed Michigan’s licensing fees and tax allocation.
The debate addresses tax conditions affecting operators in New York and Michigan.