Anonymous ID: b0bb7d Aug. 7, 2024, 1:31 p.m. No.21368597   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>8923 >>9125 >>9184 >>9189 >>9190

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https://minnesotareformer.com/2023/01/06/lawmakers-gambling-interests-to-make-another-push-for-legal-sports-betting-in-2023/

 

The gambling industry is salivating at the prospect of fully legal sports betting in Minnesota, which offers a market of millions of fans rooting and potentially betting on teams from professional sports leagues and universities.

 

The revenue potential for these companies is huge: From mid-2021 to mid-2022, Minnesotans spent over $4 billion on pull-tabs โ€” both paper and electronic, according to the Minnesota Gambling Control Board. And legal sports gambling here would likely mean far more money for the house given the added excitement of live sports: Americans wagered nearly $80 billion on legal sports betting from January to November of 2022, according to SportsHandle, a trade publication.

 

Sports betting has exploded since the U.S. Supreme Court in 2018 overturned a law that banned all states except Nevada from the business. Since the decision, 31 states have legalized sports betting in some form, and some lawmakers, gambling companies and their allies in the sports leagues are hoping the new legislative session means Minnesota could be next after a failed effort in 2022.