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deskgameBut they are mixing apples with oranges. The tax increase would fall only on online gaming operations, the casinos and the racetracks get a percentage of the net revenue from online gaming and the sports books. A higher tax will reduce revenue to the casinos and racetracks.
deskgameThe casino house advantage, or house edge, is the edge a casino enjoys on a game. In other words, it’s how much the casino expects to profit from that game. The house edge represents the percentage of all the money players put into a game that the casino expects to keep as profit over time.
