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Virus, fan eagerness may spur sports bet, casino expansion - Black News Channel

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By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — Huge holes in state budgets due to the coronavirus pandemic and the demonstrated eagerness of fans to bet on sports are likely to spur a further expansion of sports betting and online casino gambling, experts said Tuesday. Speaking at the Betting On Sports America online conference, gambling executives, analysts and lawmakers agreed that the lure of new tax revenue could prove irresistible to cash-strapped state governments facing large deficits due to the pandemic. And the results of last month's elections, in which voters in numerous states approved allowing or expanding […]

The post Virus, fan eagerness may spur sports bet, casino expansion appeared first on Black News Channel.

Source: Black News Channel - Black News Channel

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