Why States Are Betting On Sports Gambling To Cover Budget Deficits
Charles Norton July 1, 2020
Higher state budget deficits could serve as a potential catalyst for faster regulatory approval of sports betting, and its cousin, mobile casino gambling.
State budgets were already in trouble before the pandemic hit; in the ensuing months they have been outright devastated. With shuttered businesses and tens of millions of people left unemployed, state revenues are collapsing and costs are skyrocketing.
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Why States Are Betting On Sports Gambling To Cover Budget Deficits
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