Articles with Casino

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The state will collect taxes of 18% initially on online casino gambling, rising to 20% after five years; and 13.75% on sports betting. The Workplace of Fiscal Analysis tasks the state will collect $19.3 million in taxes from sports betting and $8.6 million on online gambling within the fiscal 12 months that begins July 1, with significant development in subsequent years that Horn stated could reach $83 million. “It’s been five years in the making, and I read more

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