Quote:
Originally Posted by TLO
Didn't I read somewhere that the taxes are outrageous?
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Not on the individual bettor. The casinos will pay 10% of their profits into a fund designated to attract pro sports teams (um, the Chiefs) to move to KS. But the state owns the casinos anyway out here so I think (not a fact) that basically it's just the state saying 10% of winnings will go into that fund.
The notion that the individual throwing down $100 for the Chiefs to pistol whip Denver would have to pay an additional 10% along with the vig was misguided and misunderstood.