Bloomberg Law
Jan. 24, 2018, 6:48 PM UTC

NFL, NBA, Pro Leagues Could Profit On Legalized Sports Gambling

Victoria Graham

The National Football League, National Basketball Association, and other professional sports leagues may be able to cash in on the potential legalization of sports betting.

In anticipation of a U.S. Supreme Court ruling that could undo a federal bar against state-sanctioned sports gambling, states are proposing legislation that would pave the way for betting on professional sports in casinos and elsewhere. The NBA and Major League Baseball participated in discussions regarding a bill making it’s way through the Indiana Legislature, Rep. Alan Morrison (R), a sponsor of the House version of the bill, told Bloomberg Tax.

Morrison’s bill, H.B. 1325, ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.