Published Date

January 14, 2019

sports-betting-market

 

SIOUX FALLS, S.D. (AP) - A legislative fiscal evaluation jobs a South Dakota ballot measure to permit legal sports gambling in Deadwood would not be a massive moneymaker for casinos or even earn much tax earnings, but fans say it might maintain the historical mining town aggressive as a gaming destination.

 

A Research Council financial report published in December estimates that the constitutional amendment could lead to approximately $2 million in casino revenues and approximately $185,000 in fresh tax collections to the state budget sports gambling required effect.

 

Deadwood Gambling Association executive manager Mike Rodman says fans never believed allowing sports wagering will have a significant impact on tax groups. However he says it could be an additional amenity for Deadwood to pull in more visitors.

 

The team intends to ask state lawmakers to set the modification about the 2020 ballot.

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