Legalizing sports betting in Texas would pay huge dividends, study says
The study, “Legal Online Sports Betting In Texas: Revenue Forecast And Economic Impact Analysis,” estimates the market could generate over $360 million in direct tax revenue for the state, while adding over 8,000 jobs.
State collects $401M in sports betting taxes in four months; What’s the money used for?
“So, for the money that New York State collects in taxes from sports betting companies, where does the money go? A lot of the money goes to funding education.”
North Carolina sports betting revenue surpasses expectations as retail options loom
“North Carolina’s sports betting initiative has far exceeded initial financial forecasts, accumulating over $62 million in tax revenue since its inception on March 13.”