Originally Posted by Duck Rabbit
Anyone have a sense of whether 20% is high or if 10% is low? What kind of rake do you think we'd be looking at with both levels of taxation?
It depends somewhat on the final details, such as whether it is taxation on gross revenues or net revenues after promotions. For instance, if the sites give on poker rakeback, deposit bonuses, jackpot prizes, player point awards, etc., do they subtract such things from revenue before figuring the tax?
Most likely, it will be taxation on gross revenue without any such deductions. In this case, 20% is edging toward the higher end for poker, but mid-range for all the other gaming. 10% would be fairly low.
Note: For poker, a 10% deposit tax is about equivalent to a 25% gross revenue tax.