Another state is mulling over a potential increase to its sports betting tax rate.
Sen. John F. Keenan (D Norfolk/Plymouth) proposed an amendment to the Senate s FY 2025 budget that will increase the state s online sports betting tax rate from 20% to 51%, a 155% increase.
The Senate is currently debating the FY 2025 budget after being sent the House s nearly $58 billion state budget last month.
Latest State to Propose Sports Betting Tax Increase
Massachusetts is now the third state actively considering an increase to its sports betting tax rate. Illinois legislators are considering a proposal from Gov. J.B. Pritzker (D) to raise the state s sports betting tax rate from 15% to 35% and a New Jersey Senator recently introduced a bill to raise the Garden State s …
Virgil van Dijk has reaffirmed his commitment to the Netherlands after previously hinting at retirement, with another World Cup being targeted.
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