Sports Gambling in America
Sports gambling is a huge industry. In addition to making money, the industry attracts organized crime figures who use sports as a means of laundering money. There are many cases of gamblers paying athletes to participate in the game. The NCAA and major professional sports leagues have both distanced themselves from sports gambling scandals. However, the issue of sports gambling still continues to plague the country. Regardless of the motivations of those involved in the industry, it is a growing problem that must be addressed.
In recent years, sports betting has become an important part of the entertainment industry. The proliferation of television and online sports channels has encouraged the growth of this market. Despite the high number of complaints filed against these advertisements, the Supreme Court has rejected both initiatives. The two leading candidates, Ted Olson and Paul Clement, represent different sides of the debate. While the ruling does not seem fair, the issue still has a bright future. And it is clear that the sports gambling industry will continue to thrive in the US.
There are several recent initiatives to regulate sports betting in America. ACA 16, a ballot initiative to amend the state’s constitution, has already failed to gain the necessary support from the legislature. A different proposal, sponsored by Rep. Alec Garnett of Utah, would put a 10% flat tax on net sports betting proceeds on the November 2020 ballot. This measure is not yet law but it will be on the 2020 ballot. If it passes, the bill will be considered a success.