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Louisiana proposes proposes hiking sports betting tax rate to 21.5%
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Louisiana proposes proposes hiking sports betting tax rate to 21.5%
The Louisiana House of Representatives has agreed to raise the current online sports wagering tax but have stopped short of agreeing to the 32.5% initially suggested. House Bill 639, introduced by Senator Neil Riser, had proposed raising the tax rate from its current figure of 15% to be on a par with the percentage the state imposes on retail video draw poker devices. But in a reading this week, the House put forward an online sports betting tax…
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