New Laws and Pro Sports in Vegas Turns the Gambling World Upside Down 0
It is amazing how much the gambling world has changed in a relatively short period of time.
Not long ago, the big innovations were related to online gaming and poker while legal sports gambling was available only in Las Vegas.
Now, with the advent of daily fantasy sports and the ruling by the Supreme Court that has paved the way for every state to legally accept sports betting, the landscape is quite different.
Since the Supreme Cot ruling earlier this year, four states: New Jersey, Delaware West Virginia and Mississippi have already legalized some form of sports betting in their states. Three others: Pennsylvania, New York and Rhode Island are in the final stages of legislation and will likely join the mix very soon.
According to an ESPN study, there are 15 additional states that have started the process towards legalizing some form of sports betting.
All of the remaining states have laws prohibiting sports gambling, but ESPN wrote that with the exception of Utah, there is at least a possibility that sports betting could eventually become legal in those states.
Another dynamic that has changed is the insistence that Las Vegas could not be a professional sports city due to the proximity to gambling. Read the rest of this entry →
