Nev. lawmaker introduces bill to allow federal elections betting

03/25/2013 | Las Vegas Sun

Nevada Sen. Tick Segerblom has introduced a bill that would legalize betting on Senate, congressional and presidential elections. "Simply to make money for the state. I've been following elections and betting in London, and (gaming companies there) are making a fortune. Why not do it here?" Segerblom said of his reason for pushing the bill. He said his proposal would also allow bets on cultural events including the Academy Awards.

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