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States Wrestle Sports Betting Taxes Amid Surging Revenues
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States Wrestle Sports Betting Taxes Amid Surging Revenues
States are cashing in on record revenue but asking whether the public is getting shortchanged from sports betting taxes. Tax policy debates from Ohio to Louisiana are exposing fault lines between industry profits and public benefit. Lawmakers nationwide are rethinking the deals that brought sportsbooks into their states in the first place. DENVER – As legal sports betting continues to expand and mature across the United States, lawmakers are fac…
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