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Kentucky sports betting has gained a powerful ally. In a recent letter to state legislators, Attorney General Andy Beshear called for lawmakers to pass an expanded gambling bill that includes legal sports betting. “The solution is not to cut legally promised benefits but to create a new dedicated stream of revenue solely for pensions,” Beshear wrote. “The answer is simple – expanded gaming.” Kentucky…
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If Louisiana wants to gauge residents’ temperature on sports betting, the state’s top gaming regulator says to use the November vote on daily fantasy sports as a starting point. “The same kind of people that play fantasy sports are the kind, at least a portion, that are going to bet on sports,” Jones told the Senate Judiciary B Committee on Wednesday. The seven-member committee…
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The American Gaming Association (AGA) is reporting that the NBA and MLB will get a $1.7 billion revenue increase from legal sports betting. In total, the AGA anticipates legal sports betting will boost profits for the four major pro leagues by $4.2 billion. The AGA bases the forecast on work done by Nielsen Sports. This adds to the figures previously published for the NFL and…
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