During a keynote speech at the National Council of Legislators from Gaming States (NCLGS) summer meeting in Denver, Tipico US’s SVP of Business Development Stephen Krombolz spoke on behalf of the smaller US operators when it comes to market conditions.
While Krombolz did not explicitly mention the recent doubling of the sports betting tax rate in Ohio just six months after launch, his comments certainly suggested these changes adversely impact challenger brands and smaller operators more than the major sports betting brands.
“I signed a 10-year deal to have market access in the states based on certain economic assumptions,” he said.
