Sports Gambling Research Paper

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Sports gambling is known as a game of skill, but it could also equally be a game of chance. Are athletes now viewed more as assets for a quick buck other than skilled and talented competitors? Should sports gambling be legal? Sports gambling have many benefits. With money on the line, fantasy participants want to see their results right away. This makes views go up which also boosts advertising. Fantasy players will take in forty percent more sports content once they start playing FanDuel (Schrotenboer). It encourages players to continue to watch the game until the very end, even if the score is tremendously differential. ''People will watch Peyton Manning versus Tom Brady, but why do you watch Jake Locker versus Andy Dalton if you're …show more content…
Betting gives games juice.'' (Vlahos). The better the stats the more money, simple as that. Whether sports gambling is legal or not it increases viewership of live sports. Daily fantasy appears to not be risky. It seems impossible to fix a fantasy game involving a group of real players who are on multiple teams. Ever since our technology started to advance so did Fantasy Sports. “Daily fantasy could not have been possible just a short time ago based on technology’s limitations” (Schrotenboer). Keeping up with stats many years ago was a nerdy thing to do. Today, everyone follows stats- men, women, teenagers, and even children. It’s easier to get information now than ever before. NFL network even has a show dedicated to informing you about fantasy, updating you on how the latest players are performing. More than thirty three million Americans participate in fantasy sports. It has increased tremendously since 2007, which was a small eighteen million. By opening kickoff of the Super Bowl, sports books in Nevada are expected to break one hundred million dollars in wagers (Vlahos). Winners of fantasy leagues can receive cash payouts of hundreds, even thousands of dollars. Some people will even participate …show more content…
“The first major American gambling legislation came with the signing of the Federal Wire Act in 1961, which prohibited the transmission of wagers on sporting events, ushered in after a series of high-profile mob-related fixed college basketball games in the previous decade.” (Pagels). This law remained mostly left alone until 1992. The major American professional sports leagues and the National Collegiate Athletic Association pushed through the Professional and Amateur Sports Protection Act, which restricted legal sports betting to Nevada, Oregon, Delaware, and Montana. In 2006, Congress passed the Unlawful Internet Gambling Enforcement Act (UIGEA). It was made to prohibit banks from processing payments to and from gambling websites (Pagels). States are cautious because they could lose revenue from their government-backed gambling monopolies, state lotteries. Frank Pallone states, "I have serious concerns about whether these online fantasy sports leagues can police themselves. I think Congress needs to look into this and see whether by exempting fantasy sports from the Unlawful Internet Gambling Enforcement Act, we've created a regulatory vacuum that leaves consumers out in the cold." (Pagles). The Nevada Gaming Control Board, to protect it’s free tax revenue-generating casino industry, stated that fantasy sports is gambling (Pagles). It filed a cease and desist order declaring that no daily fantasy

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