deskgameThese platforms are able to legally operate due to what are known as sweepstakes laws. One of the big requirements for sweeps casinos is that they are always free to play. Users will never need to spend money on these platforms if they do not wish to.
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.
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deskgameThe second currency typically is referred to as sweeps coins. This is the virtual currency that can be redeemed for prizes, including gift cards and real money. Sweeps coins are typically earned via bonuses, winning jackpots or via social media promotions.
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