As Betting Ban Vanishes, What Happens in Vegas Won't Stay There

  • Nevada to feel the pinch as states race to expand gambling
  • New York, New Jersey and Connecticut lead race to cash in
Bloomberg’s Eben Novy-Williams reports on the Supreme Court ruling in favor of sports betting.(Source: Bloomberg)
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Viva the tri-state area.

Monday’s Supreme Court ruling will allow states to legalize betting on individual games, stripping Nevada -- and the Las Vegas Strip -- of its monopoly. As many as 22 states are expected to pass legislation opening the door to sports gambling, according toBloomberg Terminal S&P Global Ratings.