Monday, January 31, 2022
Tuesday, January 25, 2022
Advertising News Media Blog update: Casino News Media collaborating with Media Man Group, Media Man Australia, and Global Gaming Directory
Advertising News Media Update
Casino News Media collaborating with Media Man Group, Media Man Australia, and Global Gaming Directory
Monday, January 24, 2022
Monday, January 17, 2022
Advertising News Media: news update
Looking 4 Larry Agency wins Media Man 'Agency Of The Month'
Roman Reigns becomes longest-reigning Universal Champion in WWE history
"The All Mighty" Bobby Lashley responds to Brock Lesnar’s jokes
Wrestling Podcasts and More: Media Man Int and Media Man Australia
Robb Report wins Media man 'Magazine Of The Month'
Blackstone’s claim for the Crown likely to get green light: analysts
Online Content publishing via Media Man Int and Media Man Australia
$1.2 Billion Bet in December With New Jersey Sportsbooks: Revenues Way Down Though
Rock N Roll Wrestling Connection
Bruce Lee wins Media Man 'Legend Of The Month' award
Djokovic Flies Out of Australia After Losing Court Appeal
Packer on cusp of ending family’s 23-year rocky affair with Crown
Costa Rica Hydro Plant Gets New Lease on Life From Crypto Mining
RT wins Media Man 'News Outlet Of The Month' award
World View via Media Man Group
Promotions and Publicity Directory
Sunday, January 16, 2022
Thursday, January 13, 2022
Advertising News Media Blog: New York 51% tax on Sports Betting
New York 51% tax on Sports Betting
Read all about it...
New York became the largest US state to embrace online sports betting but the high tax rate makes it close to impossible to compete.
The betting companies operating in the Empire State include DraftKings, FanDuel, Caesars Sportsbook, and Rush Street Interactive.
That'll make it harder for operators to profit off their customer bases in the state, Jason Ader, CEO of SpringOwl Asset Management and 26 Capital Acquisition Corp, tells MSN News.
"Everybody wants to be in New York because it's a trophy market in terms of the size of the state and its importance, but the tax rate is really prohibitive," Ader said. "It's very hard to make money in sports betting. Put 51% tax rate on it and it's maybe a bit more like a fool's gold rush than a gold rush."
As far as players go, these taxes will likely be passed down in the form of less attractive lines, bonuses and cashout fees. In the early months, companies may seek to reduce the affect on customers. These companies will also report all winnings to the IRS, something offshore sportsbooks and local bookies do not do.
Some websites licensed outside the state in offshore jurisdictions continue to do business in New York. Many, like Bovada, BetOnline and BetAdrian, have pulled out of that market.
Saturday, January 08, 2022
Advertising News Media Blog: News articles
Tiger Mask wins Media Man 'Wrestling Legend Of The Month' award
AEW Dynamite tops one million viewers for TBS debut
Life's A Beach Podcast wins Media Man 'Podcast Of The Month' award (Australian category)
Search News Media website goes live
Television, Movies and Pop Culture covered by Media Man Social Media; Facebook Channels Boosted
NFTs and the trillion-dollar Bitcoin boom: The year cryptocurrency took off
The Matrix Resurrections nominated for Media Man 'Movie Of The Year' awards
Tony Khan Lashes Out At FOX News Over Ratings Commentary
Lio Rush Says He’s “Proud” To Work For Tony Khan, Big Swole Update
Owen Hart wins Media Man 'Legend Of The Month' award
Jake Paul Issues Terms to Dana White For Masvidal Fight, UFC Prez Claps Back!
Fight Breaks Out in Crowd at Las Vegas Bowl, Wisconsin Fan Stops It | TMZ Sports
Online forums - Online web forum list - Media Man Int and Media Man Australia
Digital media advertising, publicity and promotions via Media Man Int and Media Man Australia
Pop Culture websites: Media Man Int and Media Man Australia list
Tuesday, January 04, 2022
Subscribe to:
Posts (Atom)