Close up shot of someone’s hands making bets using an app on phone. Without federal laws for sports wagering, states are left to experiment and set their own tax-revenue structures. Some states tax ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Without federal laws for sports wagering, ...

Without federal laws for sports wagering, states are left to experiment and set their own tax-revenue structures. Some states tax sportsbooks as high as 50% and others as low as 6%, according to the ...