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This is the Cato Daily Podcast for Friday, December 6, 2019.

I'm Caleb Brown.

What will sports betting look like in the years to come

since the Supreme Court provided some important guidance.

Now what does that mean for states looking to sports betting is a source of revenue?

Doug Kellogg directs state projects at Americans for Tax Reform, we spoke in Colorado Springs

in October.

With respect to sports betting, there was the NCAA Supreme Court case

recently. How did that essentially change the map with respect to

sports betting?

Yeah, so there's something called the Professional

and Amateur Sports Protection Act, which is constantly called

Paspa, which is great so nobody can understand what anybody's talking about.

But that legislation, thanks to a lawsuit from State of New Jersey, which is initiated under Governor Chris Christie,

led to a Supreme Court decision last year, which I think got a lot of publicity,

so people were probably aware. But that's the root of it.

...