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  • Los Angeles Times

    As sports betting becomes legal, get ready for a battle over the dollars

    by James F. Peltz, Hugo Martin and Lance Pugmire, Los Angeles Times May 14, 2018 4 minutes

    Suddenly, all bets are on regarding the future of American sports gambling.

    A surge in betting caused by the Supreme Court's lifting of a federal ban on sports wagering is expected to trigger new gaming sources and burnish existing sports books in Las Vegas casinos - but also spawn a battle among horse-racing tracks, Indian casinos and card clubs as they try to grab a slice of the added action.

    The high court's move overall could unleash a torrent of gambling nationwide that hitherto was illegal and totaled at least $150 billion a year, according to the American Gaming Association, a casino trade group that estimates 97 percent of current U.S. sports

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