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Funds AllocationRecipient Very first dollarDivision from Playing administrative will set you back six%Hold-simple financing (local casino tax counterbalance) RemainderWater Plan Execution Cash Fund Income tax Rate10% away from net sports betting proceeds You to definitely deduction design — particularly the develop-off of promotion credit — received legislative scrutiny, and 2024’s Suggestion JJ allow the state continue all the tax cash more than the initial $30 million Prop DD cap in lieu of refunding it to taxpayers. Cleanest software throughout the state, top Exact same Video game Parlay builder having Broncos and Nuggets locations, and you can PayPal distributions typically clear in under twenty four hours.
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