College Sports Gambling Essay -- Gambling Casino Las Vegal Essays

College Sports GamblingWith all of the controversy of gambling in college sports, why is the dealstill an issue? The answer is money. There were actions taken towards this byCongress, but the problem is that it was never completely abolished. Congresshad made the mistake of creating a substance around it. It is now commonly referredto as the Las Vegas loophole. They outlawed the betting nationwide with theexception of one state, one state that is the capital of gambling, Nevada. Thishas caused few changes, with the exception of the ever-growing receipts that itgenerates. Another reason the legality still remains is one not frequentlymentioned, but the question of the ban being constitutional. But no liaison whatthe law, is there realistically ever going to be silence or content?To trace the tracks to the start of mending this problem, we need to goback to 1992. This is the socio-economic class that the Professional and Amateur SportsProtection Act took precedence. This law restr icts gambling on incompetent sportsin 46 states and essentially leaves Nevada as the only state that quite a little take betson those games. Sen. John McCain (R-Ariz) and Rep. Lindsay Graham (R-S.C.)are striving to get two separate bills passed, some(prenominal) of which are targeted atprohibiting gambling on amateur sports. The bills were introduced a year ago,and at the time, were heavily favored. The bills would legally put a stop tobetting on NCAA games, the oh-so-notorious March Madness (the NCAATournament), and wagering on all college sports for that matter. Las Vegas gambling casino lobbyist have turned offensive. Who wouldnt, if there were possibilitiesof losing a $700 million cash cow, with approximately $70 million on MarchMadness?The money that is generated from sports betting both legal and not, ismuch too vast to be eradicated. Nevada is the tree trunk for which sportsgambling is derived. The casinos are complete with giant electronic boards thatoffer information on daily events ranging from odds to player injuries. This is thebasis of most sports wagering. Nevada generates $2.3 billion a year on legalsports betting , where as, betting on college sports revenue in Nevada accountsfor $650 million of the amount. This is far from the issue though. If betting oncollege sports in Nevada is made illegal, I find the impact to be very smallconsiderin... ... and James B. Steele, Throwing the Game, Time,(September 25, 2000)Gillespie, Mark, Americans binge on Whether Gambling on College SportsShould Be Banned, The Gallup Organization,(April 1, 2002)Isenberg, Marc, Gambling on College Sports The NCAAs Solution is Partof the Problem, National Association of Basketball Coaches, Official AthleticCite,(April 25, 2002)Jansen, Bart, gravid name coaches support ban on amateur sports gambling, The Detroit News,(April 25, 2002)Pells, Eddie, Complaint Dupay received money for sharing info, SlamBasketball,(September 14,2001)Rovell, Darren, Congree could trump Vega s on college book, ESPN,(March 15, 2002)Sauve, Valerie, Issues Committee holds discussion on illegal sports wagering inNCAA, The Daily Beacon, (March5, 2002)