State Lotteries Look To Join Sports Betting Game
Law360 (April 18, 2019, 3:07 PM EDT) -- Commercial casinos and online gambling operators are eager to get a piece of the burgeoning legal sports betting market, but state lotteries may provide the easiest path, setting up a game of political tug-of-war in some state legislatures and sparking concerns that governments could be taking on too much financial risk.
The U.S. Supreme Court decision in Murphy v. NCAA opened the door for states to legalize sports betting if they so choose, spurring a wave of measures to be introduced in state legislatures across the country, as lawmakers see sports betting as a tax revenue generator.
States like New Jersey, which...
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