News-Journal: Court Clears Way for Sports Betting
Looks like it’s gonna happen in September.
And, as coincidence would have it, Teh Awesome came up with a brilliant idea. Is the Dead Pool considered a sports betting proposition?
‘Bulo’s got John Daly, Octomom, & Hulk Hogan for his trifecta.
For years, when only Nevada had legalized gambling, the Silver State pulled in gobs of money from outside its borders. (You should see the Stockman’s Casino in Elko, which is designed to draw in all the Mormons from Utah!)
Then Atlantic City got in on that action, and the two states were so far apart that there was plenty for everyone.
That didn’t last, as state after state has moved into legalized gambling, to supplement its revenues. Pennsylvania has stuck its toes in the water — and Atlantic City’s casinos are, how shocking, starting to lose money.
The return that states will see from increasing legalized gambling will be a decrease in anticipated revenues. Eventualy every state will have some forms of legalized gambling, and gambling revenues to state coffers will be a relatively small item.
Maybe so, Dana, but let’s hear it for the judge telling the NFL, MLB, NBA, NHL and NCAA to suck it!