https://www.drf.com/news/kentucky-se...y-winning-bets
Quote:
The legislation also sets a 1.5 percent tax rate on all bets made on Kentucky races regardless of the source. While the 1.5 tax is a reduction for some types of bets, wagers made through account-wagering operations were previously taxed at 0.5 percent.
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Does anyone know how this is going to shake itself out?
I saw some speculation on Twitter it could result in lower rebates.