Who benefits from this more than anyone else: the mafia.
In early February, tens of millions of Americans poured their hard-earned money into Super Bowl bets to cash in on the game, which, as we all know, pitted the Kansas City Chiefs against the San Francisco The 49ers played with Patrick Mahomes and Patrick Mahomes. Another ring has been added to the collection.
However, despite the large-scale legalization of sports betting across the United States (for the most part); Supporters' claims That would “crucially undermine” illegal gambling, according to estimates shared with , which said nearly two out of three bets on Super Bowl XV were illegal. guardian. (Related: America's sports betting industry will earn a whopping $10.9 billion in 2023, up 45% from the previous year)
According to gambling analysis firm Yield Sec, Americans bet a total of $5.37 billion on Super Bowl III, of which $1.4 billion was illegal, according to the newspaper. Americans placed 350.5 million bets on the Super Bowl, 228.2 million of which were illegal.
According to our analysis, the black market lost zero ground between Super Bowl LVII (2023) and Super Bowl LVIII (2024).
Two-thirds of Super Bowl bets were illegal as black market thrives, report says https://t.co/Gadyrz2bMd
— Guardian US (@GuardianUS) February 23, 2024
People can continue to put this ridiculous taboo on gambling, and the US government can continue to impose stupid laws and regulations on the gambling industry, but what they're doing is I'm just giving money.
Oh, I'm sure offshore sportsbooks also play a role, but you're kidding yourself if you think the mob isn't profiting from the stupidity of Congressmen. biggest source of income Because the mafia is gambling.
It’s like New York… wouldn’t it be so convenient to have a state that happens to be your home state? five families (Gambino, Genovese, Bonano, Lucchese, Colombo) Banned from Daily Fantasy Sports (DFS)?
It's clearer by the day that the mafia is still coming out here to grab paper (and power), and there's a lot of enabling.
Folks, it's time to fully legalize gambling.