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Illinois one of the leaders in generating tax revenue from sports gambling

(The Center Square) – Illinois is one of several states emerging as a leader in generating tax revenue from sports betting. A study by Doc’s Sports Service examines the significant impact of sports ... Read More
GRIT Act Reintroduced Using US Sports Betting Excise Tax Funds
Sen. Richard Blumenthal and Rep. Andrea Salinas have reintroduced legislation using US sports betting taxes to tackle gambling addiction. Read More
Why States Took a Gamble on Sports Betting

So I was like, I’m not going to do this. I’m just never going to get into betting or gambling ... as states look for more ways to bring in tax revenue. But to your question about why sports ... Read More
Sports betting in Arizona is making all the wrong people rich | Opinion

While the state enjoys a cut of the action — Arizona got $2.4 million in sports gambling revenue ... of scholars want states that legalize sports betting to understand its effects on society ... Read More
How Much In Taxes Do You Pay On Sports Betting?

Other states spread the revenue across multiple fronts, like mental ... By law, you must report any sports betting winnings as income on your federal tax return. However, that gambling-related ... Read More
Sports Betting Statistics: Legality By State In 2025

Forbes Advisor receives compensation from partner links on this page. Online bets are not legal in all locations, and this content is meant for those 21+. Winnings are not guaranteed, and you may ... Read More
The States Of Play: Is The Gambling Gold Rush Over?

The race to legislate legal gambling in U.S. states slowed significantly in 2024, with only three states, North Carolina, Vermont, and Delaware approving online sports ... its reversal. Are you ... Read More
Sports betting in Arizona is making all the wrong people rich | Opinion

Seems like it | Opinion Tempe's response to ... them Baker and his team of scholars want states that legalize sports betting to understand its effects on society, because as they write ... Read More
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