LA Times writer Says Legalize SportsBooks
Read this article a little while back and thought the writer made very valid points about why sports wagering should be legalized in the recession with all these municipalities and states suffering budget crises...I agree completely with what he's saying...Wondering what the great philosophical thinkers of the SBR forum thinks about legalized books pro con
"Think about it. By many estimates Americans spend at least $100 billion each year betting on sports. One hundred billion, at least -- only a sliver of which is wagered aboveboard, through Nevada's professionalized network of casinos and bookies.
Our beleaguered local and federal governments can't afford to be stepping from the action anymore. They should be doing what many other countries are: overseeing sports gambling, taxing it, professionalizing its middlemen, and letting us legally play at casinos and as they do all over cities such as London, through Bookmakers and betting shops."
Where does that $100billion figure come from, thin air?
"Think about it. By many estimates Americans spend at least $100 billion each year betting on sports. One hundred billion, at least -- only a sliver of which is wagered aboveboard, through Nevada's professionalized network of casinos and bookies.
Our beleaguered local and federal governments can't afford to be stepping from the action anymore. They should be doing what many other countries are: overseeing sports gambling, taxing it, professionalizing its middlemen, and letting us legally play at casinos and as they do all over cities such as London, through Bookmakers and betting shops."
Where does that $100billion figure come from, thin air?
