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Kozi Checks & Balances TaxTactics News

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September 17.2025

2 Minutes Read

Exploring Online Sports Betting Taxes by State: Understanding Your Stakes

Map showing online sports betting taxes by state

The Rising Landscape of Online Sports Betting Taxes

The legalization of sports betting has surged almost miraculously since the Supreme Court decision in Murphy v. NCAA in 2018. With this ruling, states across the U.S. gained the power to establish their own legal sports betting markets. Now, nearly 40 states and Washington, D.C., have some form of sports betting, showcasing a drastic shift in public policy towards this popular pastime.

Understanding Tax Structures Across States

While consumers can place bets in many states, online sports betting is accessible only in 30 states and D.C., revealing significant disparities in how states approach taxing this activity. The tax rates for sportsbook operators differ wildly, ranging from a high of 51% in states like New York and New Hampshire to a mere 6.75% in states like Nevada and Iowa. This divergence raises questions about the long-term sustainability of sports betting markets.

Gross Gaming Revenues vs. Handle Taxation

Several states opt to tax sportsbooks based on gross gaming revenues (GGR), which estimates profitability before operational expenses are deducted. Others, like Tennessee, have introduced a more unique approach by taxing the gross handle—the total amount wagered—prior to any deductions. Illinois has also opted for an additional ad quantum fee per bet, further complicating the taxation landscape for bettors and operators alike.

The Impact of Promotional Wagers

Recently, it has become increasingly essential to understand how promotional wagers affect GGR and thereby influence tax bases. Policymakers are scrutinizing the tax implications of these promotional strategies on profits, indicating that regulations may evolve as the industry matures.

Future Implications for Sports Betting

As states continue to refine their tax structures, the balance between generating state revenue and fostering a healthy competitive marketplace will be pivotal. States like Oregon, which granted DraftKings a monopoly in exchange for a 51% tax on proceeds, serve as a model showcasing the potential for both lucrative tax revenues and restricted market access.

The evolving landscape of sports betting taxes encapsulates both opportunity and complexity. Understanding these varying tax structures not only aids stakeholders in making informed decisions but also provides insight into the future of gambling legislation in the U.S.

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Exploring Online Sports Betting Taxes by State: Understanding Your Stakes

The Rising Landscape of Online Sports Betting Taxes

Understanding Tax Structures Across States

Gross Gaming Revenues vs. Handle Taxation

The Impact of Promotional Wagers

Future Implications for Sports Betting

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