There has been much hotly contested debate surrounding the legality of sports betting in recent years, and now it is under review by the Supreme Court, as they make a decision as to the legality of the gambling form. One executive, specifically the CEO of MGM Resorts, had an earnings call with investors previously, wherein he stated that he firmly believed that the courts would legalize the betting by the end of the year, allowing others to take part in the profits.
Key Takeaways:
- The Supreme Court will soon make a decision on the legalization of sports betting.
- MGM’s CEO strongly believes that the courts will make the industry fully legal soon.
- However, even the CEO does not know for certain, and therefore these are just rumors.
“Murren was speaking during MGM’s Q4 earnings call on Tuesday, and the subject of sports betting came up in his prepared statements.”
Read more: https://www.legalsportsreport.com/18525/mgm-ceo-talks-sports-betting/
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