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In 2021, Pennsylvania took in $122.5 million in tax revenue from sports gambling, according to Gambling Insider, a gaming-industry publication. The same year, New Jersey��s bottom line swelled by $100.2 million. In Pennsylvania, the overall sports handle �� how much people bet �� has risen from $194 million in September 2019 to $462 million in September 2020 to $578 million in September of last year, according to LegalSportsReport.com. It��s almost certain this September will feature another increase.

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Judd-Stein and Commissioner Eileen O'Brien both said they think the commission could have already produced a timeline for the start of legal wagering if it was not for the questions around temporary licensure.
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Levant says it��s ridiculous to have states, which benefit financially from sports gambling, regulating the industry. He says that while gaming companies may have messaging about betting responsibly, their goal is to make money. The only way to do that is to attract more gamblers who will bet more frequently. ��If you��re going to have sports gambling, you can��t have the regulator also be a partner of the companies,�� he says.
For the purposes of this article, as we walk through the process with a new mythical iGaming company, let��s factor in the overlap in customer base and choose to maximize potential profit by offering both.