In this week’s Green Felt Journal, I consider the somewhat-unlikely rise of sports betting in Nevada gaming:
Why did Nevada Governor Brian Sandoval, on the eve of the close to the legislative session, sign bills that will expand the reach of sportsbooks? Why is New Jersey Governor Chris Christie suing the federal government to allow Garden State casinos and racetracks to offer sports wagering? The answers can’t be found in the bottom-line numbers Nevada sportsbooks have posted, but rather in the trajectory of sports wagering.
The industry is always evolving, and it looks like this is one direction that is moving.