With or Without Legalization, Sports Betting is Here to Stay
U.S. politicians prevented the development of a legal market for sports betting, driving eager gamblers to underground bookies.
U.S. politicians prevented the development of a legal market for sports betting, driving eager gamblers to underground bookies.
Monday's Supreme Court ruling didn't legalize sports betting, but lots of states are eager to cash-in. Will they make a smart bet?
The Supreme Court's invalidation of a federal law preventing state legalization of sports gambling strengthens protection for state autonomy from the federal government.
Neither supporters nor opponents want to consider personal liberty.
The black market will continue to thrive if taxes and regulations are too burdensome, a new CEI report warns.
How to think about gay wedding cakes, Fourth Amendment rights, and whether the federal government can ban sports betting. Plus: How will Neil Gorsuch vote?
New Jersey's governor says states have a right to legalize sports betting but not marijuana.
The Supreme Court will hear arguments in Christie v. National Collegiate Athletic Association this fall.
A new CEI paper argues that states should be free to decriminalize March Madness wagers.
Bill would subvert legal interpretation of Wire Act.
At close yesterday the odds were 12-1 against leaving. Whoops.
It's not just about 'protecting consumers.'
Some people want gambling legal, but only at their own casinos.
DraftKings, FanDuel hoping for legislation to give them permission to exist.
Forty million Americans will bet on the college basketball tourney even though it's not really legal.
Virginia is the first state to put fantasy sports legislation before a governor.
Says death of fantasy sports industry greatly exaggerated.
The debate surrounding daily fantasy sports isn't about skill or chance, but evidence that our psuedo-ban on sports gambling is hypocritical and ineffective.
Small changes to Utah civil forfeiture law could mean big payouts for police.
A scandal sparks a new effort to regulate daily fantasy sports.
Police spokesman wonders why "we got called out to be the bad guys."
Governments want to ban FanDuel and DraftKings, yet the lotteries they operate are among the worst ripoffs in gambling.
'We have people out of work. We have ISIS and al Qaeda attacking us. And we're talking about fantasy football?'
Regulators want their own piece of the action at FanDuel and DraftKings. But if they win, consumers will be the biggest losers.
Requires Draft Kings, FanDuel to get gaming licenses to operate in state
Just pray these guys never take over the state's whorehouses.
Accused of misrepresenting fairness of competition
Is the problem a lack of transparency, lack of tax revenue, or sore losers?
A blockchain-based prediction market that won't be controlled or managed by anyone.
Who knows what sort of slippery slope could result?
Experts expect it will be legal within five years.
Those who oppose legalization often bring up groundless fears like widespread addiction and fixed matches. Don't believe them.
Games of chance where the house
Government is once again threatening to use tax dollars to meddle in the affairs of private sports leagues.
Bans on betting create crime and deprive Americans of useful information.
Don't cops have better things to do?!
Do Republicans want to be the party of unprincipled killjoys?
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