Las Vegas Positioned to Thrive as Legal Sports Betting Spreads

May 14, 2018 – Media Mention
Las Vegas Review-Journal

Dan Etna was quoted in the Las Vegas Review-Journal, discussing the economics of the Supreme Court's decision that the Professional and Amateur Sports Protection Act is unconstitutional. With the legalization of sports betting available to states, Etna addressed how individual states will attempt to increase revenue. He explained, “The sports leagues are seeking an integrity fee based on the total amount wagered rather than the pool of winning proceeds. The states also view this as a new source of taxable revenue, and players associations will ask for a piece of the windfall at some point.”