# States tax sports betting heavily, but gamblers may barely feel it

- Source: Phys.org - latest science and technology news stories
- Published: 2026-11-06T17:20:01+00:00
- Category: Local
- Original: https://phys.org/news/2026-11-states-tax-sports-heavily-gamblers.html
- Canonical: https://groundlevelnews.com/story/states-tax-sports-betting-heavily-but-gamblers-may-barely-feel-it-3272cb/

Sports betting has grown explosively since 2018, when a U.S. Supreme Court ruling struck down a federal ban on it. Now, Americans wager more than $165 billion on sports annually, contributing to an industry larger than state-run lotteries even excluding prediction markets such as Kalshi and Polymarket.

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