..

Philadelphia Sportsbook Opens for Business But Players Must Pay 34 Percent Tax

Written by:
Gilbert Horowitz
Published on:
Dec/13/2018
  • Two sportsbooks open in PA Thursday
  • Players are likely to be taxed higher than most other states
  • Within the first few seconds Sugarhouse Casino already had guaranteed winner


CLAIM YOUR SIGNUP BONUS UP TO $1000 - ON ALL DEPOSITS INCLUDING RELOADS

While players in the state are going to be taxed to the hilt, the convenience factor and overall ambiance are sure to attract large numbers in both locales.  36% is what players will ulimately have to shell out compared to 6.7% in Nevada and 0% with the offshores.

Philadelphia's Sugarhouse Casino sportsbook took its first bet right around 2 pm, one bet was a $100 on the Rams to cover an 11.5-point spread against the Eagles and the other a $100 on the Eagles to cover the same 11.5-point spread against the Rams.  One of these will be a winner.

Both the Rivers Casino sportsbook in Pittsburgh and Philadelphia's Sugarhouse will only be open for two days worth of testing (Thursday and Friday December 13 and 14).

“This city is very special and unique when it comes to sports and the fandom surrounding sports in this town,” said general manager Cheryl Duhon, who worked in casinos all across the country before joining the SugarHouse in late May. “We’re honored to be the first in Philly to get this launched. Everyone has been chomping at the bit to get this going.”

A date for an official opening has yet to be established, but stay tuned.

- Gilbert Horowitz, Gambling911.com

 

Gambling News

Gambling and Sports Betting News Wire - June 25, 2019

Here are today's headlines in the world of gambling and sports betting as they happen - Tuesday June 25, 2019.

Big Rollers: Eldorado Buys Caesars in Deal Valued at $17B

Big Rollers: Eldorado Buys Caesars in Deal Valued at $17B

Eldorado Resorts will buy Caesars in a cash-and-stock deal valued at $17.3 billion, creating a casino giant.

Gov. Holcomb Monitors Illinois’ New Casino, Marijuana Laws

Gov. Holcomb Monitors Illinois’ New Casino, Marijuana Laws

Indiana casinos will compete effectively against a slew of new casino sites in Illinois, the state’s governor said.

Costa Rica-Based Sportsbooks Continue to Grow Significantly

Costa Rica-Based Sportsbooks, Pay Per Heads Growing at a Rapid Pace

Gambling911.com had the pleasure of visting Americas Bookie, RealBookies.com and MyBookie.com to close out our time here in beautiful Costa Rica.

Democratic Debate Prop Bets by Sportsbetting.ag

Democratic Debate Prop Bets by Sportsbetting.ag

Ahead of this week's Democratic debates, you can bet on just about anything. 
 

Syndicate