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The Independent UK
The Independent UK
National
Damian J. Troise

States bet on boosting taxes for online sports betting companies like DraftKings, FanDuel

Copyright 2022 The Associated Press. All rights reserved

States are looking to increase their take from the $16 billion online sports gambling industry as it expands across the country with big partnerships.

DraftKings, FanDuel and other betting apps are facing a bigger tax hit in Illinois following changes to tax policy this year. New Jersey, Massachusetts and other states have also tried to raise taxes on the industry or plan to.

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