From The Intelligencer of Wheeling:
Five and one-half million dollars doesn’t even amount to chicken feed in the context of the billions of dollars wagered on sports every year in the United States. Yet that is one estimate, by some in the state Senate, of how much West Virginia government would get annually by legalizing the practice here.
…
While they are raking in the cash from sports betting, the casinos would have to pay state government just 10 percent of adjusted gross receipts.
No wonder so many who warn of the dangers of gambling note that the odds are always with the house. Ninety percent of the take certainly sounds as if the casinos, not the state of West Virginia, would win the pot on sports gambling. …
Read the entire editorial at http://www.theintelligencer.net/opinion/editorials/2018/02/get-bigger-take-from-sports-bets/
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