Legalizing Sports Gambling

[willychichi]

Here's an update on where the legislation stands in all 50 states

http://www.espn.com/chalk/story/_/id/19 ... -50-states

[SonnyBlackstein]

My thanks Willy and Teddy

[Rocco]

Mob would still be in business if they legalized sports gambling in all 50 states. WHY ? Cause with the mob you can bet on CREDIT !! Every degenerate gambler bets ON CREDIT !

[PistolPete]

Man. 25 years from now the way we now know the mafia will be so different

[SILENT PARTNERZ]

Mob run/connected on-line betting businesses
(a la Costa Rica wire rooms) will become legal,
pay taxes and continue to operate. They are
already experts in the field. In the UK, there
are many such sports betting co's.

[Stroccos]

Mob run/connected on-line betting businesses
(a la Costa Rica wire rooms) will become legal,
pay taxes and continue to operate. They are
already experts in the field. In the UK, there
are many such sports betting co's.

Any company connected to mafia figures will not get a license

[Snakes]

Mob run/connected on-line betting businesses
(a la Costa Rica wire rooms) will become legal,
pay taxes and continue to operate. They are
already experts in the field. In the UK, there
are many such sports betting co's.

Any company connected to mafia figures will not get a license

They get around that all the time, though. Liquor licenses, etc.

[santos]

surely the mob will make more attractive illegal gambling offers? and dont they still run poker spots?

[PistolPete]

Mob run/connected on-line betting businesses
(a la Costa Rica wire rooms) will become legal,
pay taxes and continue to operate. They are
already experts in the field. In the UK, there
are many such sports betting co's.

Any company connected to mafia figures will not get a license

They will not, correct. Will be more like lotto or OTB IMO.

[TommyNoto]

Sports gambling being illegal in most states makes no sense. There are some lower level vices that the majority of the people want legal , alcohol, marijuana and sports gambling where the Govt non pragmatic way of thinking costs taxpayers billions of dollars annually on prosecution costs , prison costs, and an incredible waste of time by some of the govt most educated employees ( judges , prosecturers , expierenced investigators ) and worst of all ruining countless of lives ( + family ) by hitting them w a criminal conviction for a non violent crime that basically destroys their ability to add GDP to the economy instead of subtract by costs ( this cumulatively might be $100B + by now ).

The people want it and no matter how many resources LE throw at it, it can’t be stopped , no one cares except the real black and white sticklers that don’t understand life is full of greys and LE efforts are just counter productive. Plus it’s already legal here and Europe as well.

Makes absolutely no sense and eventually it will be legal as it’s throwimg billions out the windows every year with almost no effect . LE needs to be on terrorism , drugs, anti gang activity, organized crime and political corruption and this would free up thousands in LE to do just that while turning a $100B+ growing industry onto the tax and SS books and it give the Govt Far more control over the industry then they do now, especially using some tax $ for help centers. I’m sorry but I don’t understand how any reasonable person can be against legalizing gambling , I’d love to see the arguements for that one lol.

[SonnyBlackstein]

The argument against gambling, not that I support it, is gambling like other vices has an addictive component and can and does destroy peoples/families lives as a result.

[Fughedaboutit]

I've read a few articles here and there on the issue but am still not totally clear on why so many consider sports gambling being legalized a foregone conclusion. The major sports organizations have always been against it. I'd be disappointed if the currently conservative-moving Supreme Court legalized it.

Anyway, being as sports betting is so fundamental to the modern-day mob, there's no question it would hurt. The question is how much? As has been said, there will always be some bettors out there who want to bet on credit, without having to drive to a casino or wherever to put up the cash up front, and don't want to pay taxes on their winnings.

It may be tempting to make comparisons to the numbers racket and how it was affected by the state lottery. I think it had an impact too but it seems the numbers racket has also been affected by generational changes while betting on sports is as big as ever.


By the way, there was discussion on this subject not too long ago...

viewtopic.php?f=29&t=3064

Im surprised at this day and age gambling is still stigmatized and seen as taboo. Especially when more and more states legalize marijuana. Gambling should be legalized nationwide. And on the OC issue, It might cut into their bottom line, but not for long. These guys adapt and adjust. They could get into the payday/paycheck loan business and be legit. Probably make more money IMO.

How dare you yates! How dare you be for letting people do what they want with their own money!

[Fughedaboutit]

The argument against gambling, not that I support it, is gambling like other vices has an addictive component and can and does destroy peoples/families lives as a result.

What does it matter if it is legal or not? Heroin is illegal and people are dying every day over that

[Wiseguy]

surely the mob will make more attractive illegal gambling offers? and dont they still run poker spots?

The mob still has card games, video poker machines, and the numbers racket too. But all these together only bring in a fraction that sports betting does.

[PistolPete]

The argument against gambling, not that I support it, is gambling like other vices has an addictive component and can and does destroy peoples/families lives as a result.

What does it matter if it is legal or not? Heroin is illegal and people are dying every day over that

Alcohol can certainly do the same and that is legal. Morality aside people should be able to do what they want as long as it doesn't hurt someone else. Thats my opinion anyway. Give me all my money I made in my check and then tax me hard on things like soda, cigarettes, and whatnot. a consumption tax.