The state¡¯s gaming tax is 20% of revenue, which means WarHorse made some $4.27 million last month. Assuming a 90% average payout, the industry standard, that means visitors dropped nearly $43 million, or close to $1.4 million a day into the WarHorse slot machines last month.
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We are about to find out. More than half of U.S. states now allow some form of online sports betting (some only allow in-person options), and others appear likely to follow in the next few years. The normalization of a practice that was considered taboo less than a decade ago ¡ª combined with addiction risks that are unique to gambling on sports ¡ª may have created a combustible climate.


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