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sports bettingABC News
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83% Informative
Each successive year has set a record for the amount of money wagered legally.
Another new high-water mark of close to $130 billion is expected by the end of 2024 .
It coincides with what has been a year of reckoning rocked by high-profile scandals.
Former Toronto Raptors player Jontay Porter was banned from the NBA after a league investigation found he disclosed confidential information to bettors.
Studies have estimated Texas could make upwards of $250 million in tax revenue yearly from betting.
But Texas spends $125 billion a year and currently has a budget surplus.
Most states tax sports gambling at between 5% and 20% .
Only 15 states collect at least 10% of every dollar wagered, according to the National Conference of State Legislatures .
VR Score
89
Informative language
89
Neutral language
52
Article tone
semi-formal
Language
English
Language complexity
46
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
7
Source diversity
2
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