SXSports: Legalized gambling might be on the way soonBy Suzanne Halliburton - American-Statesman Staff3/11/17Get ready, sports fans: Legalized gambling might be coming to a venue near you.And if that comes true, it would mean high-dollar revenue streams — at a minimum, an average of $500 million per league in rights fees alone, for pro teams and maybe even the NCAA.On Saturday, some gambling experts made those predictions as part of the “Sports Betting: No Longer Taboo” panel at SXSports, part of the South by Southwest festivals.Pro leagues and teams already are embracing daily fantasy sports, which represent small change in comparison with the $150 billion that’s illegally bet on games each year.Dan Wallach, a gaming and sports law expert, said the shift to legalized betting could happen beginning next year. It depends on whether the Supreme Court decides to hear a case involving a New Jersey law that would have made gambling on games at casinos or racetracks legal in the state. Wallach said that a conservative court could rule in favor of New Jersey.Sara Rayme, with the American Gaming Commission, believes that legalized gambling could come online as soon as 2019
