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Sports gambling will provide billions in Ohio tax revenue

Summarized by: Live Sports Direct
 
Sports gambling will provide billions in Ohio tax revenue

Sports betting generated $4.78 billion in revenue through September.

The state of Ohio is charging a 10% betting tax on sports. Michigan has an 8.4% tax rate, Indiana has a 9.5% rate and West Virginia has 10%. In Fiscal Year 2020, sportsbooks produced about $7.3 million for Indiana coffers.

Sports gambling will provide billions in Ohio tax revenue. What do you think about sports betting in the state?

Sports gambling will provide billions in Ohio tax revenue.

Sports gambling will provide billions in Ohio tax revenue. NewsBreak app is free for Android and I get a small commission for each download.

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