Bringing sports betting out of the black market is a win for fans and sports leagues, and it's another indication of how prohibitionist policies fail.
Respect federalism and leave the states alone.
U.S. politicians prevented the development of a legal market for sports betting, driving eager gamblers to underground bookies.
The black market will continue to thrive if taxes and regulations are too burdensome, a new CEI report warns.
A new CEI paper argues that states should be free to decriminalize March Madness wagers.
Prohibitionists want the next attorney general to criminalize online betting by rewriting federal law.
Obvious cronyism vs. the 10th Amendment
Valve's Steam platform's been used by players to facilitate games of chance, and the company is in hot water with regulators who want their skim as a result.
Bill would subvert legal interpretation of Wire Act.
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.
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.
'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.
There's always a way around.
Requires Draft Kings, FanDuel to get gaming licenses to operate in state
Accused of misrepresenting fairness of competition
Augur May Become the Greatest Gambling Platform in History. Is There Anything the Government Can Do to Stop It?
A blockchain-based prediction market that won't be controlled or managed by anyone.
An anti-gambling activist testifies that a protectionist bill is needed to guarantee equal protection.
Those who oppose legalization often bring up groundless fears like widespread addiction and fixed matches. Don't believe them.
Supporters claim Congress meant to prohibit online betting in 1961.
Death to the competition! For the children, of course.
Sheldon Adelson wants all the money for himself -- for the sake of the children, of course
Stock tumbles in response
It'd be better unlicensed, of course
The government bans fun, not danger.