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Comment Re:Oh yeah? (Score 1) 473

The summary is at odds with the article, which says that 6% of each deposit will go to the states, and 2% to the Federal government.

If the tax were 8% (total) of each wager, then this would most definitely not be kosher.

Furthermore, the 8% tax on deposits is paid by the recipients of the funds, not the gamblers themselves; you wouldn't deposit $100 to get $92, so I disagree that it is "an additional tax on the stupid". Just like in B&M casinos, there are many opportunities online where a player can have the advantage, or at least break-even in the long run, if you know what you're doing.

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