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Should sports betting be legal? | The Perspective
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Gambling On Professional Sports - Should It Be Taken Off?
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Passed in 1992, the law made sports betting illegal in any state that didn't already offer it. Only Nevada, Oregon, Montana, and Delaware were allowed to offer sports betting once the law passed. Nevada could offer single game sports betting, while the others were limited to a sports parlay lottery.
Mar 4, 2018 ... Betting on sports holds a peculiar place in American recreation: Only in Nevada is it broadly ... Why was sports betting illegal in most of the U.S.? ... To continue reading this article, you must be a Bloomberg News subscriber.
Legalized sports gambling might be good for business, create new jobs, generate tax revenue, fuel interest in sports, and amuse the public. Sports Betting Should Be Legal, But It's Bad Tax Policy If sports betting and casino games are substitutes rather than complements, legal sports betting may not provide much additional revenue for struggling casinos. Even if legalizing sports betting doesn’t bring in a windfall for states or save struggling casinos, there are still good reasons for doing it. Should Sports Betting Be Legal Everywhere? - The New York ...