WASHINGTON — The head of the casino industry’s trade association expressed optimism that incoming President Donald Trump and federal lawmakers will act to allow states to legalize sports betting.  The inauguration of the new president is this Friday.

During the campaign, Trump expressed support for legalized sports betting.

“I’m OK with it because it’s happening anyway,” Trump told Fox Sports in November 2015. “Whether you have it or you don’t have it, you have it.”

An estimated $150 billion a year is bet illegally on sports, according to the gaming association.

“We are entering a perfect storm,” said Geoff Freeman, president and chief executive of the Washington-based American Gaming Association, claims Caesars Entertainment and Borgata owner MGM… [Read more…]