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morongo casino logoRepresentatives for DraftKings, FanDuel, and MGM, companies which all stand to benefit from sports betting legislation, spoke at the hearing as well.They’ve pitched a 10 percent tax on sports betting, which would go towards arts and children’s education, as well as programs for gambling addiction.It’s been a rough year for Melco.4 million sports betting take since just June, it’s been an easy sell — but not everyone is buying the optimistic financial forecast.Betting Bill Break DownMany many of the finer details still need to be worked out, but here’s what we know about the bill as it stands now:Operators would be charged a ,000 licensing feeThere would be no limits on the types of bets allowed, leaving the door open for single-game wagers, parlays, and teasersBets could be taken in person and onlineAll sports betting would be handled via the city’s Office of Lottery and GamingPublic input on the bill will be taken until November 1.55 million shares.big fish casino chips

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