In the 12 months since the U.S. Supreme Court said states could legalize sports betting, just over half of states with statewide sports betting are in line to meet tax revenue projections, according to a new report.
Tax and gambling officials attribute the shortfalls to limited online gambling options and low consumer awareness. However, they foresee the second half of 2019 and 2020 will be dominated by state efforts to expand internet gambling, and other betting options.
“Nevada and New Jersey really stand out when it comes to tax revenue—they’re both right around $20 million—and I completely believe this ...
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