McKenna on KIRO: Some states want in on sports betting

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KIRO 97.3 host Dave Ross asked Rob about the State of New Jersey challenging a federal law that effectively bans sports betting. The case, Christie v. NCAA, was heard in the U.S. Supreme Court this week, and some observers think the court is likely to strike down the law.

Dave Ross: “Do you think that there will be pressure here in Washington State to do what New Jersey’s trying to do?”

Rob McKenna: “Yes, there will be pressure because there’s a lot of money involved. It’s estimated that the underground, or black market, sports betting industry is worth about $200 billion a year right now. It’s enormous.

“And one of the justifications for legalizing things that are illegal, whether it’s sports betting or marijuana, is that you surface that activity, you can regulate it, and of course you can tax it or even take a share of the revenue.

“And so, I think what’ll happen is, if New Jersey prevails in this case, a lot of other states will jump in as well because they won’t want all that potential revenue going to New Jersey.”

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