Why should sports betting be illegal? Sports betting is a growing industry that has a huge potential to create huge revenue for governments, as well as a huge risk of losing money. However, legalizing sports betting would not only benefit public services and the economy, but it would also uphold the U.S. tradition of personal freedoms. Legalizing sports betting would give citizens more power over their own money. In fact, legalizing sports betting in the U.S. could increase tax revenue to the states.
A recent case in the Southern District of New York illustrates the impact of illegal sports betting. In this case, 46 leaders of organized crime organizations were charged with a variety of crimes – assault, extortion, gun trafficking, loansharking – as well as illegal gambling. The charges stemmed from illegal sportsbooks the defendants used to place their bets. However, the NFL and other organizations have publicly endorsed their efforts.
Since Murphy v. NCAA, some states have changed their laws to allow sports betting. Many Americans have placed bets on sporting events. Opponents of legalized sports betting argue that legalizing sports betting leads to more gambling addiction. However, this view is largely unfounded. This case raises more questions than it answers. While legal sports betting may increase revenues, it will also create a dangerous gambling addiction. Therefore, the Supreme Court’s decision should be followed.
