Guaranteed Money #52: How Saudi Financed LIV Golf May Be Better For Bettors
Millennial entrepreneur Anthony Varrell hops back in the hotseat with Guaranteed Money host Ryan Doyle. There’s a lot to catch up on, including hockey, a new PGA rival, Nevada’s case against cryptocurrency, and the subject of taxes that could be levied against sports betting companies.
There’s lots of excitement going on with the Stanley Cup. Ryan’s got some predictions on who’ll be taking it home, even if it’s not a Canadian team. It’s way better than betting on basketball or baseball right now, he thinks. Do you agree? Be sure to let us know whether you agree or disagree with Ryan in the comments of this episode.
The two are going to talk about the tax man, or more specifically, whether sports wagering companies will be forced to deal with high taxes on their business if other states follow New York’s lead. Because undoubtedly some states will; the NY governor last week was boasting about making record amounts of money. What will the path to profit look like for companies dealing in with similar tax models? And will New York relent?
We also look at why the new PGA rival is a great betting opportunity, why Nevada’s case against crypto makes no sense, and the trouble with taxes in the wagering space. That and more in Guaranteed Money!
To view our episode #51 click here.
