Published 23 days ago

Missouri could legalize sports gambling. How much tax revenue could it generate?

Summary by thebeaconnews.org

Takeaways Missouri voters will decide whether to legalize sports betting on Nov. 5. The state estimates it’ll bring up to $28.9 million a year in taxes. If passed, Missouri and Kansas would have similar tax rates on sports gambling. States with similar tax rates have underperformed in terms of tax revenue, according to The New York Times. You can bet on almost anything during the Super Bowl. Money changes hands based on the result of the co…

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Missouri could legalize sports gambling. How much tax revenue could it generate?

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