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In Delaware, the state lottery operates all three casinos and has a monopoly over gaming. Each of the three casinos is run by the same software provider and there is no real competition between the three since they are all overseen by the Lottery. Additionally, the state taxes 100% on the first $3.75 million in online revenue and takes 43.5% from online slots and 29.4% from online table games after that. Additionally, state regulations allow online casinos to offer most games and a reasonable 15% tax rate allows licensed casinos to remain competitive with illegal offshore gambling sites. The best US casino sites offer hundreds of online slots with numerous variants to choose from.
Wynn Resorts has not been as active in online gaming as some of its competitors but has stated it will be moving in that direction. And that is the story of how online casinos were legalized in the United States. The point here is not to pick on Delaware but to demonstrate how tax rates and regulations play a critical role in how much online gambling benefits the state. The benefit to the state varies by a wide range as we’ve seen with New Jersey’s online casino market flourishing while Delaware’s continues to underperform expectations. WV online gambling is regulated by the Lottery Commission (WVLC), which is also responsible for passing additional regulations as needed. Under state law, casinos must pay a $250,000 licensing fee, and revenues are taxed at 15%.
