Lou,
My take on it is this:
If you only laminated 2 pieces of wood to make the riser it'd be stronger.
HeartlandBowyer showed the phenolic I-beam above as well. Phenolic is not really particularly strong compared to hardwoods. I think any reasonable hardwood and you're good to go. Hickory, BL, maple, Oak, cherry ... the list goes on. I probably would use poplar but other than that any domestic hardwood should be fine ... Elm, Ash etc.
Obviously any of the very hard exotics as well. ipe, bulletwood, bloodwood, prupleheart, yellowheart, redheart, jatoba, cumaru, santos mahogany etc. etc.
Lastly I'd say this, the riser on a 72" bow has maybe 25% more stress than the riser on a 54" bow at the same draw because of the leverage of the limb tip from the bows center. I think probably any reasonable combo is overkill.