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VOA

Missouri sports betting ballot measure highlights national debate about tax rates

VOA
Summary
Nutrition label

79% Informative

Sports betting has spread from one state to 38 states and Washington , D.C. , since the U.S. Supreme Court opened the door to legalized sports wagering in 2018 .

Missouri 's proposed 10% tax rate on sports betting revenue is below the national average of 19% .

People in each state placed between $11.5 billion and $12 billion of sports bets last year , resulting in $1 billion of revenue for sportsbooks.

New Jersey took in $129 million in tax revenue, based on a 14.25% tax rate for online sports bets.

Illinois imposed a progressive tax scale, starting with a 20% tax on sports betting revenue of less than $30 million .

VR Score

90

Informative language

95

Neutral language

67

Article tone

formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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