Please ensure Javascript is enabled for purposes of website accessibility
Home / Opinion / Commentary / New sports betting law means increased revenue for state, tribes

New sports betting law means increased revenue for state, tribes

Sports betting’s popularity has grown exponentially through the 2010s and now represents a $20 billion industry nationwide. State legislative analysts and industry experts predict that sports betting has the potential to generate over $427 million in revenue across the state. Although a highly speculative figure, this revenue would be taxed at a minimum rate of 8% as set by the Arizona Department of Gaming and could increase the state General Fund by $34.2 million annually.

No tags for this post.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

 

x

Check Also

slander, postcards, candidates, Scottsdale Unified School District, governing board, literature, vote

Vote for caring candidates for Scottsdale governing board, avoid those mailing false, slanderous postcards (access required)

This letter is to inform Scottsdale Unified School District residents of a group or individuals who are mailing false and slanderous postcards to voters.