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Online sports betting in the USA and Spanish online gambling tax reduction

Online sports betting in the USA and Spanish online gambling tax reduction This article brings news on two American States taking steps towards sports betting legalization and the decision of Spanish Parliament to slash tax rates for online gambling operators. US sports betting: Ohio and Colorado towards legalization Sport betting is no longer illegal at the federal level as the United States Supreme Court approved the legalization of sports betting. Since such decision, a number of US States started to position themselves to take advantage of it. It is still not clear how rapid the change will be, although the spreading of legalization seems inevitable. Several States, including Delaware and New Jersey, have already successfully passed sports betting laws and started to offer sports bets. Others are trying to do so including: Colorado: both the Republican and the Democratic party have been pushing for legalization. Colorado is normally a progressive State and the possible legalization of sports betting would require serious changes because there are currently significant restrictions on areas in which casinos can be located, and gambling laws would have to be changed significantly for this to go ahead. If it comes to a vote, the law will require a two-thirds majority before a voter referendum can be approved. Ohio: State lawmakers have begun planning for passage of a yet to be defined proposal to legalize sports betting. A bipartisan bill to legalize sports betting in Ohio was introduced to the State’s senate on Thursday July 12, 2018.

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