
Originally Posted by
Sheesfaced
No paper trail for tax reasons or to hide from spouse but yeah they definitely can't be happy about it.
I think you guys are completely wrong about this. The law change is going to remove the stigma from sports betting. The municipals are going to advertise the shit out of this. It's going to open up a legion of sports bettors to the "hobby".
As the market grows and eventually gets more sophisticated the public will figure out what a joke it is paying taxes on winnings. Then they are going to reconcile the fact they are paying the State of NJ .20when they can use a local at .10 or .05. Integrity fee my fucking ass.
Bookies are thrilled today.