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Draftkings' surcharge a warning to legislators?

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Carl Stonemason
(@ckinginsider)
Member Admin
Joined: 3 years ago
Posts: 117
Topic starter  

A couple of weeks ago, Draftkings announced that they will be implementing a surcharge on winning bets in certain states. Specifically these are states that have very steep tax rates. Was this a standard reaction or do you think this is a precautionary warning of sorts for legislators to not be too harsh when taxing gambling profits?

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