Online sportsbook FanDuel is urging Louisiana players to oppose a potential tax hike that would raise the state’s gaming tax from 15% to 51%. In an email sent to players on Tuesday, the company warned that the proposed increase would jeopardize promotional offers and the best odds for sports betting in the state.
HB 22, filed by Rep. Roger Wilder as part of Gov. Jeff Landry’s tax session, would significantly raise operating costs for companies like FanDuel. If passed, Louisiana’s gaming tax would become the highest in the country, on par with New York. FanDuel is encouraging players to contact their local representatives to express their opposition to the tax hike.
The email emphasizes that legal sports betting is a popular form of entertainment for many Louisiana residents and raising the tax rate would be detrimental to the industry. FanDuel argues that the state should not rush into making such a drastic change without considering the consequences for both players and operators.
The fight against the tax hike is heating up as more players become aware of the potential impact on their betting experience. With FanDuel leading the charge, Louisiana sports betting enthusiasts are mobilizing to protect their interests and ensure that the state’s tax rate remains reasonable for all parties involved.
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