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U.S. gambling crisis feared as online betting rises

www.context.news U.S. gambling crisis feared as online betting rises | Context

Local officials see taxes on gambling as lucrative new revenue streams, but that ignores the real cost, opponents say

U.S. gambling crisis feared as online betting rises | Context

The ability to tax such new revenue streams is enticing for state and city officials dealing with post-pandemic economic upheaval, said Richard C. Auxier, principle policy associate with the Urban-Brookings Tax Policy Center, a think tank.

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