The Supreme Court on May 14 struck down a 25-year federal ban on sports betting outside of Nevada.  The big question on many minds – particular state officials and companies like MGM Resorts and DraftKings looking to cash in – is how much money is at stake. Many of the articles on the decision cite the same eye-popping figure: Americans wager an estimated US$150 billion in illegal sports bets every year. Continue reading How big will the market be for betting on sports? →