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Home to a dozen plus online sportsbooks, Iowa has some of the cheapest licensing fees in the land - $45,000 for the first year and a $10,000 every year after that. Nevada, the gold standard for in-person betting, still hasn't quite mastered online wagering. New York had retail sports betting at a handful of upstate commercial and tribal casinos, but these have generated little revenue despite the state's massive population and gaming interest. 85% tax rate on betting handle - the total betting volume. Meanwhile, the Northern Arapaho Tribe appears it may add retail sports betting under the authority of existing law, much in the way tribes in New Mexico are operating sports betting without any legislation. Todd Rutherford proposed a constitutional amendment that would let residents vote on the legalization of sports betting.

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