Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Sports betting companies have given $168 million in incentives to Virginians. They get to deduct...
Graham Moomaw RetweetedWhen sports betting companies give out "free bets," Virginia lets them take it as a tax deduction.
That law has cost the state more than $11 million in lost revenue since last January's launch.
That law has cost the state more than $11 million in lost revenue since last January's launch.
Link to tweet
richmond.com
Sports betting companies have given $168 million in incentives to Virginians. They get to deduct...
Of the 12 companies currently taking sports bets in the state, only five of them have paid any taxes since launching.
Sports betting companies have given $168 million in incentives to Virginians. They get to deduct...
Of the 12 companies currently taking sports bets in the state, only five of them have paid any taxes since launching.