Louisiana collected more than $2.2 million in taxes in February—the first full month of mobile sports betting—over a half-million dollars higher than retail sports betting through four months, The Center Square reports.
After months of anticipation, the Federal Reserve on Wednesday raised interest rates for the first time since 2018 in hopes of tempering persistent inflation.
Wholesale inflation in the U.S. shot up 10% last month from a year earlier—another sign that inflationary pressures remain intense at all levels of the economy.