Nebraska Online Sports Betting Could Generate $87 Million in Tax Revenue Over Five Years

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TLDR A new study estimates legal online sports betting in Nebraska could bring in nearly $87 million in tax revenue over five years About 70% of that revenue, roughly $61 million, would be directed toward property tax credits for residents Tax Relief Nebraska is collecting signatures to put the issue on the 2026 ballot, with the effort moving faster than expected Supporters argue the state is losing revenue as residents already bet in neighboring states or through unregulated platforms Opponents warn that expanded access could increase gambling participation and create social risks that are harder to quantify

A new study says Nebraska could collect close to $87 million in tax revenue over five years if it legalizes online sports betting. The research was commissioned by Tax Relief Nebraska and carried out by Eilers & Krejcik Gaming.

The projections come as supporters push to place the question on the 2026 ballot. A signature campaign is already underway and reportedly gaining early traction.

Under the proposed plan, Nebraska would tax online sports betting in a similar way to its existing casino taxes. About 70 percent of the revenue would go toward property tax credits for residents.

That would amount to roughly $61 million over five years directed back to taxpayers. Property taxes have been a long-running concern in Nebraska, making this a central part of the campaign’s pitch to voters.

Broken down annually, the projected property tax relief comes to just over $12 million per year. In the context of the full state budget, that amount is helpful but limited.

It is unlikely to reshape Nebraska’s overall tax picture on its own. Still, supporters believe even modest relief on property taxes will resonate with voters.

The Push to Reach the Ballot

Tax Relief Nebraska has already started gathering signatures


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