Re(1): Final 'Big, beautiful bill' includes ugly provision for gamblers Posted on July 4, 2025 at 05:28:36 PM by Craig G
Don't think the author explained the impact very well, so looked for a few other articles.
Came across this:
On the other hand, regulated sportsbooks typically limit pro bettors—DraftKings CEO Jason Robins said in 2021 that people who bet on sports for profit are “not the kind of players we want.”
His comment underscores the ugliness of the whole legalized gambling situation. The government gets to decide who is allowed to have a gambling license, which gives the favored parties a huge advantage over those who are excluded. At the same time, the government is giving implied consent to the licensed operations to ban those who might have the skill to actually win.
So the operators get two big edges.
1 - quasi-monopoly protection from free market competition,
2 - the right to block people from winning, apparently with no questions asked.
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