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

Justice Department Opinion Could Threaten Online Gambling

Justice Department Opinion Could Threaten Online Gambling

A legal opinion from the U.S. Department of Justice made public Monday could threaten the viability of online gambling that crosses state lines such as poker.

Sports Betting Included in New York State Budget for 2019

Sports Betting Included in New York State Budget for 2019

A $170 billion budget package for the state of New York appears to make room for legalized sports wagering.

One of 5Dimes Owner Kidnappers Appear to Have had Ties to Malta, Bookmaking

One of 5Dimes Owner Kidnappers Appears to Have had Ties to Malta, Bookmaking

The mother of a suspected ring leader in the alleged kidnapping of 5Dimes owner Sean “Tony” Creighton, appears to have some ties to Malta and bookmakers who once operated there.

New Jersey Probing Draftkings $1 Million Gambling Tourney

New Jersey Probing Draftkings $1 Million Gambling Tourney

New Jersey gambling regulators are looking into a sports betting tournament held over the weekend in which some competitors were unable to make bets on an NFL playoff game, costing them a shot at a $1 million top prize.

Player Wins $167,072 Jackpot at Seminole Classic Casino in Hollywood

Player Wins $167,072 Jackpot at Seminole Classic Casino in Hollywood

A Plantation, Fla. woman won more than $167,000 on a slot machine at Seminole Classic Casino in Hollywood Fla.

Syndicate