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Iowa predicts up to $13m in annual tax from online poker

5th December 2011 11:12 am GMT

The Iowa Racing and Gaming Commission has published a report to evaluate the creation of a framework for the state regulation of intrastate online poker, estimating that the state could generate approximately $3m to $13m in potential tax revenues annually, considerably less than the $30m to $35m figure estimated previously.

Submitted to the Iowa General Assembly last week, the report follows the passing of a gambling bill during the 2011 legislative session. The bill was modified [...]

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