It's a sign of a lagging economy: American pro and college sports teams seeking new revenue through increasingly bold marketing relationships with gambling interests. It's why team logos have begun appearing on state lottery tickets and why some basketball games have been played at casino hotels.Sounds like state governments are addicted to gambling. Imagine that.
Now officials in Delaware and New Jersey, facing their own budget problems, say it's time for a bolder move: full-scale, legalized sports betting in states other than Nevada, currently the only place such activity is allowed.
Tuesday, July 28, 2009
State officials seek sports betting to boost revenue
USA Today reports: