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We now have two nickels and three pennies, which constitute our increase via gross gaming revenue (GGR). Then the deductions begin, most notably in the form of state taxes, which vary from state to state, and supplier fees. Thus, our net gaming revenue (NGR) will be lower, perhaps notably so, compared to our GGR. If our company is catering to a state like Pennsylvania, that 36% tax rate for sports betting, 54% tax rate for slots, and 16% tax rate for table games will sting. If it is in New Jersey, the 15% rate is less ¡°taxing.¡±
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Visually, the app is inoffensive and strikes the right notes with its bet slips. But its bet listings can be puzzling at times: If you want to bet an NFL team¡¯s win total, you have to scroll through a randomly ordered list of 32 teams, whereas most of the other apps logically alphabetize the teams (DraftKings shares this issue).
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