Louisiana is poised to hike its sports betting tax to help colleges pay their athletes
Louisiana is poised to hike its sports betting tax to help colleges pay their athletes | Business | ktbs.com
At first you think LSU gets the Lion's Share, however...
One-quarter of the tax revenue from online sports wagering an estimated $24.3 million would be split equally among 11 public universities in conferences with Division I football programs. The money must be used for the benefit of student athletes, including scholarships, insurance, medical coverage, facility enhancements and litigation settlement fees.
At first you think LSU gets the Lion's Share, however...
Quote:
One-quarter of the tax revenue from online sports wagering an estimated $24.3 million would be split equally among 11 public universities in conferences with Division I football programs. The money must be used for the benefit of student athletes, including scholarships, insurance, medical coverage, facility enhancements and litigation settlement fees.