Kelly Meyerhofer | Wisconsin State Journal
Sports gambling could be the pandemic’s biggest winner
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Over the past 11 months, the coronavirus pandemic has wreaked havoc on state budgets. From massive losses in tax revenue to the substantial costs of fighting the virus and supporting those struggling with unemployment, states may need years to recover financially. A Wall Street Journal headline in October offered a dire warning: “U.S. States Face Biggest Cash Crisis Since the Great Depression.”
In multiple states, one option has emerged to address this fiscal crisis: legalized gambling. In 2017, the Supreme Court ruled that states have the right
