The brave new world of legalized sports betting
2018 is a landmark year for sports betting in the USA
2018 will go down in history as a very interesting year for the sports betting industry in the United States. Earlier this year, the Supreme Court ruled that the Professional and Amateur Sports Protection Act was unconstitutional.
Let's take a look at the benefits of legalizing sports betting for everyone.
More jobs are created
Thousands of jobs could be created under the Supreme Court's decision. Casino and betting operators in New Jersey will need people taking bets, cashiers and a host of other employees. Janitors to clean up after players, beverage vendors, food vendors, accountants. The list goes on and on, and the employment opportunities are varied.
More revenue for the government
When sports betting was illegal, filing an income tax return was not a smart move. You have to wonder how much tax money went down the drain as a result of sports betting not being legalized before. Well, legalization means another source of revenue for the government and more money that can be used to help all citizens.
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