REPORT SAYS LEGALIZING ONLINE SPORTS BETTING IN NEBRASKA COULD GENERATE $87M OVER 5 YEARS

LINCOLN — A new report says legalizing online sports betting in Nebraska could generate nearly $87 million in state tax revenue over the next five years. The study, commissioned by supporters of a ballot initiative seeking to expand sports gambling, estimates much of the revenue would go toward property tax relief under the state’s current casino tax structure. 

The group behind the proposal, Tax Relief Nebraska, is working to place the issue before voters in 2026 and says signature collection is ahead of schedule. While supporters argue online sports betting could provide a new source of revenue for the state, critics have raised concerns about gambling addiction and whether the promised tax benefits would outweigh the social costs.

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