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Legalized sports betting gears up for NFL season

by Les Sillars
Posted 7/30/18, 10:55 am

Two Atlantic City, N.J., casinos owned by Caesars Entertainment will start taking sports bets this week, while another two Ceasars operations in Mississippi will do so in mid-August, just in time for the start of the NFL season. Following the U.S. Supreme Court’s decision in May to permit states to legalize sports betting, dozens of gambling companies have applied for licenses to operate in New Jersey, hoping to get in on the multibillion-dollar opportunity. Also, Las Vegas–based MGM Resorts International is discussing a joint venture worth a reported $200 million with Britain’s GVC Holdings, one of the world’s largest sports betting companies. Sports betting is already legal in Nevada, New Jersey, and Delaware and 19 other states are working toward legalizing it.


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Les Sillars

Les directs the journalism program at Patrick Henry College in Purcellville, Va., and is WORLD Magazine’s Mailbag editor.

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Comments

  • Midwest preacher
    Posted: Tue, 08/07/2018 05:09 am

    I live in Kasas.  Many years ago my state legalized the lottery.  Some time later we legalized dog tracks.  Then the gambling industry told us if they could have slot machines at the race tracks they could make a go of it.  Each step promised lower taxes. Then it was decided we needed casinos to recapture the money that was going into Oklahoma where they already had casinos.  Gambling generates huge amounts of money which can then be used to pressure or purchase politicians to create more ways to gamble.  Those who oppose it are drowned out by the buzz created when the "gambling industry" (that's a bit of an oxymoron) donates huge amounts of money to politicians and good causes.  Our taxes are not lower.  That drive to have money without working for it spreads into government too.     

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