Economists John Jackson and Douglas Walker published an article in Contemporary Economic Policy in early 2011 that showed that the increased revenue that comes from gambling often comes at the expense of sales tax revenue. The two also came to the conclusion that, in general, casinos and greyhound racing tend to decrease state revenues overall.
“Teen Sports Betting: A Growing Concern in Schools” | The Boston Globe
By Yvonne Abraham Nearly 400 underage users in two states were caught in the past year on sports gambling websites,