Because of a long period lockdown, many people are stuck inside their houses. To make the most out of it, many are turning into online gambling to seek ways on how to entertain theirselves. That’s why the revenue for online gambling for the year 2021 shoots up even the end of the year is not yet over.
This exciting fact in the world of gambling makes the states with existing casino operation to expand more. Let’s take a look on the list of states looking for more opportunities in the gambling industry.
States Planning for Casino Gambling Expansion
Only just last year, 2020, when sports betting in Virginia has been legalized. However, legal betting was only done in just one place in the state, the Old Dominion commonwealth. But, four cities in the states voted to allow betting through a partnership with big gaming companies.
Due to its large population, Texas is one of the best state candidate to expand casino gaming. Aside from the population, taxes here are low and the people’s appreciation for entertainment is actually good.
In this state, there are 9 companies that lined up and waited for their sports wagering licenses to operate. The tax rate here is actually 51 percent. And there is no deduction in promotion play during the computation of gross income.