Major sports betting and online casino operators are resisting a proposed tax increase in Pennsylvania, stating it would lead to higher consumer prices, reduced promotions, and a loss of general competitiveness within the state’s market.
Firms claim that tax increases would force them to cut bonuses and free bets, weakening interest across the competitive online gaming landscape in Pennsylvania
According to executives, being hit by sudden tax changes causes uncertainty, who will then discourage additional investment and innovation in the developing online gambling system in Pennsylvania.
Operators fear that increased rates will push bettors toward illegal, unregulated platforms that offer better odds but fewer protections than the legal online gaming system.
Industry advocates remind lawmakers that Pennsylvania already has one of the highest online gaming tax rates in the U.S., and further increases could reach a breaking point.
Stakeholders are calling for a rational dialogue to create taxation policies that protect consumers while ensuring the sustainable growth of online gaming operators.
Several major brands are joining forces through industry groups to protest the hike and present data-backed, sustainable alternatives for the state's budget.
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