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Myth: |
Regulated sports gambling
threatens the character and integrity of
sporting events. |
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Fact: |
No one has a greater interest
in keeping the games honest than legitimate
bookmakers. Regulated bookmakers have
successfully worked with the sports leagues
and law enforcement officials to ensure
games are fair and honest. |
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Details: |
It is well
known that the national sports leagues and
NCAA are opposed to any form of gambling on
professional or college athletics. The
sports leagues contend that gambling
threatens character of team sports. The
sports leagues argue that prevalent sports
gambling represents a “quick fix,” the
desire to get something for nothing, and
even corruption. Allowing rampant sports
gambling, the sports leagues argue, can
cause a cynical and suspicious perception of
athletic events, in place of the traditional
American values they should represent. For
these reasons, the sports leagues have been
proponents of laws to ban betting on college
athletics and online sports betting.
The sports
leagues’ position fails to take note of
three factors: first, that Americans love to
bet on sports and the will continue to do so
with or without legal permission; second,
that sports betting provides a dramatic
increase of fan interest in sports, thereby
increasing revenues for the sports leagues,
owners and players, and, third, that
regulated sports betting actually enhances
fair and honest competition and prevents
suspicious or corrupt play.
It is undeniable,
historically, that Americans love to gamble
on sports. That is why Americans wager
hundreds of millions of dollars each year on
sports in Las Vegas, at online sportsbooks,
in office pools, in fantasy leagues, and,
even, with local underground bookies. The
American love of sports wagering has been,
and continues to be, a reason why fans watch
games and follow their favorite teams.
Credible gambling experts agree that
regulated sports gambling provides a market
safeguard against “fixed” games, because the
sportsbooks have an economic and moral
interest to ensure that games are fair and
honest. Of the very few sports fixing
scandals that have emerged over the past 30
years, all were detected and reported to law
enforcement by regulated sports books.
Therefore, a regulated, transparent
bookmaking industry helps protect the
integrity of the games. |
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References: |
Letter by the National
Football League, Major League Baseball,
National Basketball Association, National
Hockey League and National Collegiate
Athletic Association to Members of Congress
supporting passage of the Unlawful Internet
Gambling Enforcement Act (1 February 2006).
View Here
Anthony Cabot and Robert D. Faiss, Sports
Gambling in the
Cyberspace Era, 5 Chap. L. Rev. 1, Chapman
Law Review, Spring 2002, pp.
17-18. ("It is unclear why some members of
Congress and the NCAA have
been such vocal advocates for legislation
that would criminalize
wagering that takes place in Nevada's highly
regulated sports books. .
. .there is no evidence of campus bookies or
the involvement of
organized crime in Nevada sports wagering.
In fact, the Nevada
experience has demonstrated just the
opposite: that sports wagering,
when it is highly regulated and scrutinized,
forecloses the ability of
criminal elements to expand their nefarious
operations through
bookmaking profits. Because the Internet has
rendered it even more
difficult for federal and state authorities
to eradicate sports
wagering, now, more than ever, Nevada's
model of regulation and taxation
should be emulated, not discarded. . . .
The existing evidence suggests that, if
anything, Nevada's sports books
are tools that can be used to weed out the
troubling aspects of sports
wagering. Under Nevada's strict regulatory
scheme, Nevada sports books
are required to transact their business
through a computerized
bookmaking system approved by state
regulators. These computerized
systems create a detailed record of every
transaction. Furthermore,
while cash transactions are highly monitored
throughout Nevada casinos,
sports books are the only casino department
that must report non-cash
transactions of more than ten thousand
dollars.
For their own protection, Nevada's sports
books closely monitor
fluctuations in betting activity that
indicate irregularities, and must
report suspicious wagers that appear to
relate to illegal sports
wagering activities. If someone is
attempting a "fix," Nevada's sports
books may be the target. As a result,
Nevada's sports books have been
the first to alert law enforcement agencies
and those that guard the
integrity of America's professional and
amateur sports leagues to any
suspicious betting activity. Without
assistance from Nevada's sports
books, college point shaving scandals may
not be uncovered as quickly,
or may not be discovered at all. Therefore,
to outlaw Nevada's $2.3
billion in annual sports wagering with the
hope that it will somehow
eradicate the $380 billion in illegal
wagering would not only be naive,
it would be counterproductive to the very
purpose of such an action.")
The
American Gaming Association “strongly
opposes any effort to ban legal wagering on
college sports in Nevada.” The AGA takes the
position that regulated sports gambling
enhances both the goals of integrity and
honest play.
http://www.americangaming.org/hillupdate/reports_detail.cfv?id=13 |
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