In May 2018, the U.S. Supreme Court, cheered on by states looking for more tax revenue and leagues abandoning their pseudo-moral stances when they realized how much they could profit from relationships with gaming companies, ruled that states could allow sports gambling. Within a month, New Jersey residents and visitors were placing bets at casinos and other outlets. Pennsylvania followed later that year.
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¡°From a marketing perspective, this is a gateway to lure avid sports fans into becoming more regular gamblers,¡± says Rick Horrow, chairman of Horrow Sports Ventures and a visiting expert on sports business at Harvard Law School. ¡°The idea of presenting free bets and bonuses may cut into revenues in the short term, but it adds to the possibility that people will become gamblers long-term.¡±
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