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firejake308 | 5 months ago

But wasn't that also true in 1979 when the ban was first put in place? Obviously, yes, money is the main force driving this country toward sports betting, but I argue that there used to be a counteracting force called morals, and the loss of that counter-force is what led us to where we are now.

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cortesoft|5 months ago

Well, in 1979 the people who had the money were the existing casinos, operating in the 4 states that had legal sports betting. This was a way to close the rest of the market, so they could continue to have a monopoly on gambling and wouldn't have to compete with other states.

Then FanDuel and DraftKings arrived with a lot of investor capital, and had the money and power to push through the legalization.

It was never morals that kept gambling from being legalized elsewhere, it was protectionism.