THE WALL STREET JOURNAL | Legal Gambling Can Be Good for Sports—and Even for Opera

(Opinion by Reuven Brenner, Professor, Finance/History/Political Science/Economics at McGill University) 

Europeans love to bet on sports. So do Americans, but until recently sports gambling was illegal in every state but Nevada. American sports leagues lobbied Congress to pass a nationwide ban, which it did in 1992. But in May, with Murphy v. National Collegiate Athletic Association, the Supreme Court struck it down, leaving states free to legalize the practice. Read More