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2. List Of Casino Games
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Many sports fans are now turning to online casino games in addition to online sports betting.
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There are a little over 1,000 games to enjoy at Mr. Q. That's a handsome mix of casino games?¡ªfrom the likes of online slots, roulette, and blackjack, all the way to live casino games from a wealth of different software providers.
We now have two nickels and three pennies, which constitute our increase via gross gaming revenue (GGR). Then the deductions begin, most notably in the form of state taxes, which vary from state to state, and supplier fees. Thus, our net gaming revenue (NGR) will be lower, perhaps notably so, compared to our GGR. If our company is catering to a state like Pennsylvania, that 36% tax rate for sports betting, 54% tax rate for slots, and 16% tax rate for table games will sting. If it is in New Jersey, the 15% rate is less ¡°taxing.¡±
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Given the increase in providers that are featuring variable payout percentages, I¡¯m sure that other developers are moving towards this trend too.