The Supreme Court hasn’t yet ruled on the future of sports betting, but New Jersey is already gearing up to cash in. State officials, casinos, racetracks and sports-betting operators have been making preparations and investments in anticipation of the court’s decision. They want to be ready for the first wagers if the justices side with New Jersey in its challenge to a 1992 federal law that effectively blocked gambling on sporting events outside of Nevada and a handful of states.

Source: Wall Street Journal May 13, 2018 14:03 UTC