Saracen Casino Resort Chief Market Officer Carlton Saffa has said he doesn’t believe that the new federal gambling tax change limiting gamblers’ ability to deduct losses from winnings to 90% will impact players betting lower amounts.
Saracen Casino Resort in Arkansas operates BetSaracen, an online sportsbook that takes around $300 million in bets annually.
Speaking to CBS-affiliate 5News, Saffa claimed that most BetSaracen customers wouldn’t notice a difference from the new taxes, including in the One Big Beautiful Bill Act signed into law by President Donald Trump recently.
“But the key here is our tens of thousands of active users every month are what I would consider casual, low-dollar recreational bettors…” he said.
