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Sports betting companies have given $168 million in incentives to Virginians. They get to deduct...
Graham Moomaw RetweetedWhen sports betting companies give out "free bets," Virginia lets them take it as a tax deduction.
That law has cost the state more than $11 million in lost revenue since last January's launch.
That law has cost the state more than $11 million in lost revenue since last January's launch.
Link to tweet
richmond.com
Sports betting companies have given $168 million in incentives to Virginians. They get to deduct...
Of the 12 companies currently taking sports bets in the state, only five of them have paid any taxes since launching.
Sports betting companies have given $168 million in incentives to Virginians. They get to deduct...
Of the 12 companies currently taking sports bets in the state, only five of them have paid any taxes since launching.