NetworkNewsBreaks – Mobius Interactive Ltd. Points to Online Sports Gambling as Recourse for States Struggling to Make Budgets
Mobius Interactive, an online gaming operator featuring unique offerings for diverse demographic groups, has singled out online sports gambling as an opportunity for states to generate revenue. “Mobius reported in its February 2021 newsletter (https://nnw.fm/1qWhc) that the state of Tennessee took the top spot in sports betting with a combined $131.4 million wagered, generating $2.4 million in tax revenue in its first month.” The article detailing this matter continues, “As states struggle to make budget, some are reconsidering this revenue stream. Currently, there are approximately a dozen states where online sports gambling is legal with the possibility that number doubling by…







