The fresh income tax to your Ohio’s sports betting money will be getting a keen improve. That is, when the Governor Mike DeWine becomes his way.

Merely six-weeks toward court Kansas wagering industry, DeWine incorporated an income tax rates raise out of 10% so you’re able to 20% in his has just put out budget proposition into 2024-2025 financial ages.

New tax try levied into the on the internet sportsbooks operating in the Kansas, also the gambling enterprises, football organizations or other firms that discover merchandising sportsbooks in the state.

Ohio’s sports betting income tax rate is fairly lower

Ohio’s ten% tax into the sports betting is found on the low avoid of range compared to the other says that enable wagering.

Northeastern says levy the highest taxation costs on the mobile and you will shopping sportsbooks, with Nyc having the high rates at fifty% into merchandising and you may 51% into on line sportsbooks.

DeWine’s advised rate perform match Tennessee’s most recent speed. Tennessee’s 20% tax price is the highest price away from Northeast, according to a report of the Bloomberg https://oddsdigger.com/table-tennis Tax. (daha&helliip;)