Report: States Missing Out on Billions in Sports Betting Revenue

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The dozen states still prohibiting legal sports betting are collectively leaving more than $2.19 billion in annual tax revenue on the table, according to new research from Doc's Sports. 

Since the Supreme Court struck down the federal sports betting ban in 2018, the industry has transformed from a $6.6 billion market to nearly $149 billion by 2024. This expansion has generated approximately $2.83 billion in state tax revenues last year alone, compared to just $40 million in 2018.

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