Scott Ward from the Sports Betting Alliance joins the show to discuss the implications of House Bill 639, which proposes to increase the tax rate on sports betting in Louisiana from 15% to 32.5%. This bill, introduced by Neil Riser, has moved to the House floor but is not yet scheduled for debate. Ward expressed concerns about the potential negative impact on the sports betting industry and the broader economy.

Scott Ward from the Sports Betting Alliance joins the show to discuss Neil Reiser’s proposed bill on sports betting and the importance of maintaining reasonable tax rates. Ward expressed his concerns about the bill, which aims to significantly increase the tax rate on sports betting in Louisiana. He emphasized that such a drastic hike could have negative consequences for the industry and consumers.

Hawaii has the chance to get sports betting right by following the example of many mainland states in creating a strictly regulated and transparent sports betting market that can provide revenue for the state and protections for players.

The move has raised many eyebrows, primarily because it could result in a decline in Ohio’s sports betting sector. There are also fears that a surge in betting costs could see sportsbook operators leaving the state and encourage bettors towards using illegal offshore sites.

Ohio lawmakers are being warned that “Bob and Betty Buckeye” will also feel the pain of another doubling of the state’s tax rate for sportsbook operators, not just gambling companies.