All those new sports gamblers will have to place their bets somewhere.
A Supreme Court decision that expands sports betting beyond Nevada could mean billions of dollars in new business for the casino industry.
The court ruling in favor of New Jersey overturned a 1992 federal law that had prohibited sports betting in most states. Currently, Nevada is the only state where single-game wagering is legal. Now, other states will have the opportunity to legalize the practice.
“The opportunity for a sportsbook is a whole new revenue source for casinos,” said John....More>>>