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Ohio economists back higher gambling taxes in survey

Regulation

A survey of 17 economists found that 15 believe higher state taxes on gambling revenue could reduce related harms in Ohio. Two economists warned that excessive rates could make illegal gambling more attractive; Governor Mike DeWine wants to double the sports betting tax, while the source does not give a decision or legislative next step.

Operators and regulators face competing views on whether higher gambling taxes could reduce harm or encourage illegal-market activity.

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Regulation

Ohio senator proposes raising sports betting tax to 22%

Ohio state senator Louis Blessing proposed increasing the tax on sportsbook gross revenue from 20% to 22% through Senate Bill 199. Blessing said the increase could raise an additional $200 million annually for school athletics and sports venue work; senator Bill DeMora warned that operators could pass the cost to bettors.

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