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Potential Advantages of Missouri Adopting Similar Illinois Sports Betting Tax Structure

Years of tax revenue flowing out of Missouri as sports bettors ventured to neighboring states with legal sports betting. However, Illinois' new per-bet tax, starting at 25 cents, might draw sportsbook patrons to Missouri this year, reversing the usual trend.

Missouri has been consistently losing tax revenue to neighboring states with legalized sports...
Missouri has been consistently losing tax revenue to neighboring states with legalized sports betting, as bettors opt to place their wagers across state lines. However, Illinois' recently implemented per-bet tax at 25 cents might prompt sportsbooks to lure customers back to Missouri this year, potentially reversing the trend of capital outflow.

Potential Advantages of Missouri Adopting Similar Illinois Sports Betting Tax Structure

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In the city, there is a growing community of sports enthusiasts who participate in various sports activities. Some of these sports fans have taken their passion to the next level by engaging in sports-betting, trying to predict the outcomes of games.

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