The most monumental change in recent years came in May 2018, when the Supreme Court in a 6-3 decision struck down a 1992 law that largely restricted sports betting to Las Vegas. has trended toward vastly expanding legal gambling options over the past several years, with many state political leaders arguing a gambling prohibition only served to funnel tax revenue into illegal operations. Some 100 million sports betting transactions were made this weekend alone, according to a CNBC analysis. The announcement came after an estimated $16 billion was bet on Super Bowl LVII-a sports betting record for a single event.
