With the US Supreme Court opening the door to fantasy league gambling, Freakonomics looked at how this new infusion of betting cash will change the industry. As states begin to legalize sports gambling, economics are looking at big picture issues like taxation and the impact on athletes, sports leagues and fans.
The Transportation Security Administration and United Airlines and are working together at McCarran International Airport in Las Vegas for an "Innovation Checkpoint," which is used to test technology that could help with airport screening. The checkpoint uses signs that display estimated wait times and different technology scans passengers' carry-on bags and IDs. United has agreed to assist in providing customer feedback for the checkpoint.
China is trying to shut down online gambling in places like Cambodia and the Philippines because it is taking millions of yuan from the economy that is in a downturn, partly from the US trade war. Though illegal in China, online gambling is a $24 billion industry in Asia and countries where betting is legal are reluctant to turn off the tap.
Florida is missing the billions of dollars it received from the Seminole Tribe's blackjack operations, and Senate Bill Galvano blames Rick Scott, former governor and current senator, for botching a settlement with the tribe. The tribe says the state breached the settlement and quit paying the state in April.
The $4.5 billion immersive entertainment industry -- which encompasses art installations, virtual reality, escape rooms and more -- offers a potential revenue thread for the hospitality industry with such options as VR travel tours and interactive hotel rooms. Santa Fe's Meow Wolf artist/mystery house space will expand to Las Vegas and Washington, D.C., with a themed hotel attached at a planned Phoenix location.