When information started to spread on social media about a proposal in the U.S. Senate to exempt sportsbooks in the United States from paying a handle tax, a question was quickly raised by gamblers:

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“If the tax is repealed would that possibly allow books to offer more competitive (betting) lines to customers?” one user posted on X.

Withdrawing Arduous Gaming Excise Rates, or the WAGER Act, calls for sportsbooks to stop paying a 0.25% excise tax placed on all wagers. In Nevada, that amounted to $22 million in 2022, said the office of U.S. Sen. Catherine Cortez Masto, D-Nev., who proposed the legislation this week with Sen. Cindy Hyde-Smith, R-Miss.