Straight to the Point
Straight to the Point Podcast
Bonus Episode: The True Cost of Sports Betting Tax Rates with Alex Kane
0:00
Current time: 0:00 / Total time: -57:26
-57:26

Bonus Episode: The True Cost of Sports Betting Tax Rates with Alex Kane

Sporttrade CEO Alex Kane joins me for a discussion on the misconceptions of the cost of doing business in the legal online sports betting industry from tax rates to hidden costs.

My guest today is Alex Kane, the CEO of Sporttrade, the featured sponsor of the Straight to the Point newsletter.

In this episode, Alex and I discuss the cost of running a sportsbook in regulated US markets and why many people misunderstand the tax burdens operators are obligated to pay.

Alex makes the case for replacing the revenue-based tax model with a tiered taxation model similar to US income tax brackets.


SPONSOR’S MESSAGE - Sporttrade was borne out of the belief that the golden age of sports betting has yet to come. Combining proprietary technology, thoughtful design, and capital markets expertise, our platform endeavors to modernize sports betting for a more equitable, responsible, and accessible future.

Learn more about what makes Sporttrade an unparalleled player experience here.


Discussion about this podcast