Difference is that 35% tax is on Gross Gaming Revenue (GGR) which is the moot point. As you stated house makes most of the money on which it’s paying the GST. What is important to understand is how much % of total coins bought ends up being GGR. Hopefully some of it is asked and addressed in the upcoming concalls to get better perspective of how things might play out especially in terms of whether it leads to a significant reduction in revenue.
Technically it has to hold 170-175 range. Stage analysis would suggest that it’s still in stage 4 so would want it to consolidate here without breaking lows and start showing some strength
States banning or increasing taxes on gambling on ad-hoc basis will continue to be the biggest risk for this stock.
So seems a gamble right now. Again gamblers don’t like to play it safe 
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