The utilitarianism of government gaming laws in the United States
Summary :
Table of Contents
- Executive summary
- Introduction
- A brief history of gambling in the U.S.
- Gaming as a subject of investigation
- Background of this study
- Review of literature
- Public opinion
- Current laws
- Government tax
- Social effects
- Motivating factors
- Moral traditions and modern values
- Special interest groups
- Effects of current law
- Disenfranchisement of the poor
- Low quality gaming experience
- Black markets
- Importing consumer gaming needs
- Looking to the future
- Benefits of new laws
- Conclusion
- Works cited
- Appendix
Abstract
The current U.S. ban on sports betting goes back to 1961 when the federal "wire act" made the act of transmitting bets across state lines via the telephone illegal. The only state to offer legal sports betting has been Nevada. (Delaware and Oregon also have made attempts to offer sports betting on a limited basis) The 1961 law, meant to be a deterrent to organized money laundering, had no effect on the popularity of sports betting nationwide. From 1961 through the early 1980's the annual amounts of money wagered legally in Nevada, (and elsewhere illegally) has grown steadily. During the 1980's and 1990's the growth rate quadrupled. However, in 1994, a federal law was passed that prevented any further states from adopting sports betting that hadn't already done so.
The subjects of online gaming and sports betting are intertwined, with the sports betting industry seeing tremendous growth since the advent of the Internet. For many, online sports books, which are legal enterprises in their country or origin, have become substitutes to betting with illegal bookies.
The subjects of online gaming and sports betting are intertwined, with the sports betting industry seeing tremendous growth since the advent of the Internet. For many, online sports books, which are legal enterprises in their country or origin, have become substitutes to betting with illegal bookies.
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