The Supreme Court’s decision to legalize sports betting made sense. And cents.
It took betting out of the back rooms, and it will create jobs and help the state’s tax coffers, and if all goes well, a small percentage of the profits will benefit some noble causes. It also could be a payday for leagues through so-called “integrity fees,” and teams figure to get their cut – and surely, they will (insert an eye roll) reduce ticket prices with their windfall.
Another potential positive: Legalizing sports betting should greatly increase viewership of televised games, a much-needed benefit considering the recent decline in TV sports ratings.