U.S. gambling crisis feared as online betting rises (www.context.news)

submitted 11 months ago* (last edited 11 months ago) by FuckyWucky@hexbear.net to c/chapotraphouse@hexbear.net

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The ability to tax such new revenue streams is enticing for state and city officials dealing with post-pandemic economic upheaval, said Richard C. Auxier, principle policy associate with the Urban-Brookings Tax Policy Center, a think tank.

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[-] RedundantClam@hexbear.net 7 points 11 months ago

Never thought I'd yearn for the days of everything just appealing to fantasy sports, now everything is betting and every company has a sportsbook.

[-] nocturnedragonite@lemmygrad.ml 5 points 11 months ago

I always thought the idea of fantasy sports was silly to me but it was relatively harmless cause it was more about bragging rights and knowhow, now ofc money is involved