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1 Adam Hoffer & Jacob Macumber-Rosin, Expanded Sports Betting Legalization Would Generate Billions in Tax Revenue 1 (2026)

handle is hein.taxfoundation/expdsptsbe0001 and id is 1 raw text is: TAX FOUNDATION Expanded Sports Betting Lealization Would Generate Billions i Tax Revenue Jan. 2026 Adam Hoffer Jacob Macumber-Rosin Director of Excise Tax Policy Excise Tax Policy Analyst Key Findings • If all 50 states established legal, open, statewide sports gaming markets, we estimate aggregate gross gaming revenue (GGR) would increase by $15.6 billion annually, more than doubling the size of the current legal market. • Non-exorbitant tax rates are essential to encourage sports betting market activity to move from illicit markets to legal markets. • Legal sports betting markets in all states would generate an additional $1.6 billion per year in tax revenue, assuming a 10 percent GGR tax. The largest tax revenue gains would be in California ($570 million), Texas ($326 million), and Florida ($199 million). • Restricted access markets and those with monopoly control granted to state lottery commissions severely limit revenue potential compared to open, statewide, mobile markets. The Tax Foundation is the worlds leading nonpartisan tax policy 501 (c)(3) nonprofit. For over 80 years, our mission has remained the same: to improve lives through tax policies that lead to greater economic growth and opportunity. TAX FOUNDATION 1325 G STREET, NW, SUITE 950, WASHINGTON, DC 20005 202-464-62001 taxfoundation.org