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Tax rates would be 40% on slots and table game revenue, and 20% on live dealer revenue. Addabbo has long been a proponent of gambling expansion in New York. The bills call for a 30.5% tax rate on operator’s gross gaming revenue. In December, three downstate casino licenses were issued for the state, while a dual-currency sweepstakes ban was also issued. New York has had a busy few months when it comes to gambling.
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