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Going to a traditional casino offers a wholesale experience that online casinos can¡¯t match. You can¡¯t grab dinner and drinks or meet new people face-to-face at an online casino.
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For example, Caesar¡¯s Palace Las Vegas might request IGT¡¯s Hot Hit Ignite at 93.5% RTP. The Bellagio, meanwhile, may request 94.5% RTP for the same game.
We now have two nickels and three pennies, which constitute our increase via gross gaming revenue (GGR). Then the deductions begin, most notably in the form of state taxes, which vary from state to state, and supplier fees. Thus, our net gaming revenue (NGR) will be lower, perhaps notably so, compared to our GGR. If our company is catering to a state like Pennsylvania, that 36% tax rate for sports betting, 54% tax rate for slots, and 16% tax rate for table games will sting. If it is in New Jersey, the 15% rate is less ¡°taxing.¡±
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