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NFL To Pennsylvania: Your Sports Betting Taxes and Fees Are Too High!

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vixen777

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SOURCE- FULL STORY


After spending most of its time on the sidelines, the NFL has inserted itself squarely into the conversation about what it wants legal U.S. Sports Betting to look like
– both for itself and gaming operators.

The Pennsylvania Gaming Control Board earlier this month received 14 letters from interested parties after its request for comment on the state’s temporary sports wagering regulations.
Pennsylvania made Sports Betting legal in 2017 and is currently developing a framework to regulate the endeavor.

The NFL, on behalf of the league and its Pennsylvania-based teams, the Philadelphia Eagles and Pittsburgh Steelers,
had plenty to say in response to the state’s temporary regulations and the enabling legislation.

NFL to Pennsylvania: $10 Million Licensing Fee and 34 Percent Tax Rate Will Make PA Sports Betting Unfeasible for Gaming Operators.

Interestingly, the league, which has publicly stated that it prefers a federal framework for Sports Betting and has generally been opposed to the legalization of Sports Betting,
addresses Pennsylvania’s astronomically high licensing fees and tax rate in its letter.

The league calls out the state, stating that these costs may “render legal market participants unable to effectively compete with the illegal market”
and suggests it “reconsider laws and regulations that could have unintended consequences of advancing illegal Sports Betting.”

The letter is signed by Jocelyn Moore, NFL Senior Vice President of Public Policy and Government Affairs.

Pennsylvania’s law calls for a $10 million licensing fee, a 34 percent state tax on gaming revenue and a 2 percent local tax on gaming revenue.
While the NFL would not have to pay any of these fees, by addressing them, it seems the league has, at the very least, reached the point where it accepts that expanded legal Sports Betting has arrived.
 

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