That fee would be applied toward a 15 percent tax on
the online gambling revenues that the casinos would owe the state.
The estimates worldwide
Online Gambling revenue at $ 21 billion.
Not exact matches
The
online gambling industry has recently been caught by a heavy
revenue decrease.
With the Legislature considering bills to legalize
online daily fantasy sports sites like FanDuel and DraftKings, some lawmakers and advocates say any
revenue for the state should go toward education, as has been traditional for
gambling - generated cash in New York.
Although the regulation and concession of licenses has cleaned up the panorama of
online gambling, in the report «we clearly present one piece of unquestionable data: unauthorized websites are still open; they create unfair competition for operators who are legally authorized to offer their product in Spanish territory and, in addition, they cause a major loss of
revenue for the Government,» denounces Professor Cases.
(In comparison,
online gambling sites took in an estimated $ 10 billion in worldwide
revenue last year.
I would venture to guess that
online gambling will only become more popular as the government seeks new sources for
revenues.
The
revenues are based on consumer spend in each country and exclude hardware sales, tax, business - to - business services, and
online gambling and betting
revenues.
The
online gambling industry has recently been caught by a heavy
revenue decrease.