By January 27, 2019 Read More →

Editorial: W.Va. sports betting tax too low?

Lawmakers were told last week that it is too early to say with certainty how much state government will make from sports betting at the five casinos where such wagering is offered.  State Lottery Director John Myers said estimates of between $2 million and $5 million a year are the best he can do.

That prompted State Sen. Mike Maroney, R-Marshall, to speculate that West Virginia’s tax on sports betting is too low.  “I still think we gave this away,” he commented, adding, “I think the numbers are going to show we left a lot of money on the table that went into the pockets” of casino operators. …

Read the entire editorial at https://www.weirtondailytimes.com/opinion/editorials/2019/01/sports-betting-tax-too-low/

 

Posted in: Legislature, Opinion

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