High stakes, higher risk: A maturing online sports betting market brings growing tax revenues—and alarming signs of financial and personal ruin

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It’s difficult to predict with any precision how much revenue Louisiana will receive in the coming years from legalized online sports betting. The market is still immature, and the significant annual growth experienced so far isn’t necessarily indicative of the future. The forecasting waters were further muddied by the Legislature’s recent approval of an online

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