All Hokie, All the Time. Period.

Virginia Tech Football Board

HWA

Joined: 1/5/01 Posts: 4392
Likes: 890


10 percent? Less than that.


Figure the house/casino edge is about 10%, and then the government only receives a portion of that 10%. All things considered, the tax revenue from sports gambling is chump change.

But in general, yes --- as sports gambling is legalized, it's probably "stealing" some revenue from the State lotteries.

So that's one reason why Virginia will be slow to legalize. On top of Virginia being a very conservative, professional, and family-values state. Figure Virginia will be 48th or 49th to legalize, and then Utah as 50th.

(In response to this post by dolph)

Posted: 06/12/2019 at 11:17AM



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  Makes all games a whole lot more interesting. ** -- reestuart 06/12/2019 09:31AM
  +1, now do parlay odds :) ** -- kingofcassell 06/12/2019 07:37AM

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