The NCAA Tourney’s Economic Impact on the Las Vegas Strip – Vegas Seven

This week in Vegas Seven, I also had a short article about how March Madness betting impacts Las Vegas: In the past decade, the amount bet on the tournament has almost doubled. That’s more about the expanding popularity of sports betting itself, though, since the percentage of money bet on the tournament has remained close … Read more

NCAA troubled by betting

In case you missed ESPN’s hyperbolic exposition of “bracketology” this weekend, the berths for the NCAA men’s college basketball tournament have been announced, beginning one of bookies’ favorite times of the year, March Madness. And the NCAA is shocked, yes, shocked that people gamble on the tournament, and suggests that the best way to end this national rite is to usurp the right of the people of Nevada to decide whether or not their state should offer legal sports betting.

Read more