So Delaware had a great idea to bring in legalised sports betting. After all, if Vegas is doing it, and other states like Oregon have it via a 'sports lottery', then why not Delaware? Particularly when the state is struggling with the recession like the rest of the world. Well, the state government approved it, then the nosey sports leagues ganged up on them and got it shut down. It defies all logic. Legalised and licensed gambling enables sporting authorities to have a money trail, so they can detect any attempted corruption and fraud. If you leave it to the illegal bookies in bars and on street corners, the ones who they will never be able to get rid of, then there is no means of detection. It's all underground and grubby. Legalising one or two state-licensed venues, which would have been taxed enough to keep the margins no more attractive than the outlaws in the Caribbean or on the street corner, and you have an audit trail. It's not as if these firms are going to
A blog about betting, trading, sport and some of the dodgy elements within them. www.sportismadeforbetting.com.