These markets require licensing fees and, oftentimes, high taxes. Online operators might be seeking lower payout percentages to help offset these costs.
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¡°The proposed plan to bring a casino to Times Square,¡± St. Martin wrote, ¡°would introduce widespread economic and operational disruption, unprecedented congestion, and decreased safety and security.¡± She added that the League¡¯s research indicates that a magnet for gambling would represent a detriment ¡°to the deeply interconnected network of businesses that have made Broadway and Times Square an international destination.¡±

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¡°All these types of betting didn¡¯t exist before,¡± said Timothy Fong, co-director of the UCLA Gambling Studies Program. ¡°What are they going to do to the betting landscape?¡±