New York Times investigation shows how sports gambling industry exploited Kansas legislators
New York Times investigation shows how sports gambling industry exploited Kansas legislators. Lawmakers slashed an already generous tax rate from 20% to 10%, and exempted some bets from being taxed at all, before passing the sports betting package after midnight in the final hours of the legislative session. The final vote came two days after a lobbying event that promised "something for everyone" and included a 30-year-old Irish whiskey and a bag of expensive Honduras cigars. After the law took effect in September, Kansans wagered $350 million in two months, but it yielded just $271,000 in tax revenue.
