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This, mixed with a 6.75 percent state tax on gross gaming income and one % licensing charges, put operators able to compete with – and finally outdo – unlawful sportsbooks. As extra casinos popped up alongside the suddenly-expanding Las Vegas Strip in the Seventies, Congress finally made issues proper after nearly a quarter-century of exorbitant sports activities betting handle tax. The welcome supply for model spanking new prospects with Caesars is ten one hundred pc Profit Boost tokens.
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