All they really want is for their sworn enemy – the land-based sports books in Las Vegas, and the offshore online bet takers of cyberspace – to make it easier for them to win money. But is that ever really going to happen?
Seems unlikely. And it is even less likely now that legal sports betting operators (sports books) in Las Vegas are losing a large chunk of their business to upstart Internet-based competition who operate in a sort of legal gray area and are not taxed or regulated.
Sports Betting by the Numbers
The Nevada Gaming Commission numbers show sports wagering revenues last year were only $125 million, just more than one percent of total gambling revenue, as online gambling sites are drawing patrons away from traditional casino sports books.
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