Posted inEconomics

Kansas taxpayers — not casinos — are underwriting ‘free’ sports bets that entice gamblers

Kansas taxpayers subsidize the millions of dollars nationwide sports gambling apps hand out to bettors for their initial wagers that get them in the habit of gambling. The new sports betting industry also makes hardly any revenue for the state, amounting to a small drop in the bucket of the state’s multi-billion dollar operating budget. […]