State & Local Government Policy, Business and Technology

Will Supreme Court open a 'dam burst'of legalized sports betting?

The Washington Post: LAS VEGAS — Twelve television screens in Jay Kornegay’s office just off the casino floor are filled with NFL action. His cellphone is blowing up. His inbox blinks with new emails. Twitter won’t stop chirping.

But only one thing can prompt him to stop what he’s doing and look up: a loud cheer from the throng of bettors gathered at the Westgate Las Vegas Resort & Casino, which houses the largest sports betting operation in the world.

“Usually,” he says, “cheering is not good for us.”

Despite the sign that the bettors might be (temporarily) winning, business is good for the casinos. So good, in fact, that other states desperate for tax revenue want the Supreme Court to break Nevada’s monopoly on the sports betting industry.

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