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tax breaks

Louisiana Gov. John Bel Edwards Approves 8% Fantasy Sports Betting Tax Rate

The HALLO ECHO

  Louisiana Gov. John Bel Edwards has approved an 8% tax rate on fantasy sports betting. Edwards approved the regulations for fantasy sports betting last month. The competitions for online cash prizes could not begin until the state set the rules and tax rate. The 8% tax rate will apply to the net revenue for…

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