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Over two-thirds of gambling income came from lotteries ($24.4 billion) in fiscal year 2021. Casino gambling (which includes "racinos," which are casino-style gambling establishments at racetracks and riverboats) generated another $8.5 billion and video gaming supplied $1.9 billion. Revenues from gambling are normally lumped in with other types of "sin taxes." But unlike taxes on cigarettes, for instance, state and nearby governments do not tax gambling to discourage individuals from it. In reality, most states promote and encourage state-approved gambling. Like taxes on cigarettes, though, a element of the resulting revenue from taxes on gambling is typically spent on programs that offset the dangerous costs connected to it, such as gambling addiction. Every thing you want to know about Massachusetts new sports betting law, WBUR, January 2023.
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