This is the.
basis of most sports wagering. Nevada generates $2.3 billion a year on legal.
sports betting , where as, betting on college sports revenue in Nevada accounts.
for $650 million of the amount. This is far from the issue though. If betting on.
college sports in Nevada is made illegal, I find the impact to be very small.
considering that illegal sports gambling has been estimated at $80 billion to.
$380 billion a year. At the least, 40 times the legal revenue generated seems.
very minute. In addition, studies have shown that for every dollar bet on sports.
in Vegas, $100 is bet with bookies and on the Internet. Rep. Jim Gibbons.
(R-Nev.), says that there is nothing backing up that legal gambling in Nevada is.
"in any way responsible for the illegal sports wagering that plagues our nation's.
college campuses." Rep. Shelley Berkley (D-Nev.), said that no problems would.
be solved by eliminating legal bets any more than "suggesting that outlawing.
aspirin would stop the sale of illegal drugs." A poll done by Gallop from March.
18-20 (between the first two weekends of this year's NCAA tournament) found.
that Americans were divided on issue. The poll stated that 49% believe that.
college sports gambling should be illegal and 47% believe that it should not. .
Strikingly, college basketball fans are stuck on 48% on both stand-points. .
The possibility of abolishing gambling on college sports is not very likely.
nor does it hold much hope of bettering the problem. If the betting was banned,.
there's no possibility of it just disappearing. The figures and dollar amounts of.
illegal gambling are much too high now, and it is still legal. What happens when.
Congress puts this law into effect and everyone ignores it? It surely does not.
say much about our society and its morals. Howard Shaffer, director of the.
Division on Addictions at Harvard Medical School, said "If we pass legislation.
that we cannot enforce, it will undermine authority in general and young people.
