College Sports Gambling Essay -- Gambling Casino Las Vegal Essays

College Sports Gambling   Ã‚  Ã‚  Ã‚  Ã‚  With all of the controversy of gambling in college sports, why is the issue still an issue? The answer is money. There were actions taken towards this by Congress, but the problem is that it was never completely abolished. Congress had made the mistake of creating a way around it. It is now commonly referred to as â€Å"the Las Vegas loophole.† They outlawed the betting nationwide with the exception of one state, one state that is the capital of gambling, Nevada. This has caused few changes, with the exception of the ever-growing revenue that it generates. Another reason the legality still remains is one not frequently mentioned, but the question of the ban being constitutional. But no matter what the law, is there realistically ever going to be silence or content?   Ã‚  Ã‚  Ã‚  Ã‚  To trace the tracks to the start of mending this problem, we need to go back to 1992. This is the year that the Professional and Amateur Sports Protection Act took precedence. This law restricts gambling on amateur sports in 46 states and essentially leaves Nevada as the only state that can take bets on those games. Sen. John McCain (R-Ariz) and Rep. Lindsay Graham (R-S.C.) are striving to get two separate bills passed, both of which are targeted at prohibiting 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 to betting on NCAA games, the oh-so-notorious March Madness (the NCAA Tournament), and wagering on all college sports for that matter. Las Vegas casino lobbyist have turned offensive. Who wouldn’t, if there were possibilities of losing a $700 million cash cow, with approximately $70 million on March Madness?   Ã‚  Ã‚  Ã‚  Ã‚  The money that is generated from sports betting both legal and not, is much too vast to be eradicated. Nevada is the tree trunk for which sports gambling is derived. The casinos are complete with giant electronic boards that offer information on daily events ranging from odds to player injuries. This is the basis of most sports wagering. Nevada generates $2.3 billion a year on legal sports betting , where as, betting on college sports revenue in Nevada accounts for $650 million of the amount. This is far from the issue though. If betting on college sports in Nevada is made illegal, I find the impact to be very small considerin... ... and James B. Steele, â€Å"Throwing the Game,† Time, (September 25, 2000) Gillespie, Mark, â€Å"Americans Split on Whether Gambling on College Sports Should Be Banned,† The Gallup Organization, (April 1, 2002) Isenberg, Marc, â€Å"Gambling on College Sports: The NCAA’s Solution is Part of the Problem,† National Association of Basketball Coaches, Official Athletic Cite, (April 25, 2002) Jansen, Bart, â€Å"Big name coaches support ban on amateur sports gambling,† The Detroit News, (April 25, 2002) Pells, Eddie, â€Å"Complaint: Dupay received money for sharing info,† Slam! Basketball, (September 14, 2001) Rovell, Darren, â€Å"Congree could trump Vegas on college book,† ESPN, (March 15, 2002) Sauve, Valerie, â€Å"Issues Committee holds discussion on illegal sports wagering in NCAA,† The Daily Beacon, (March 5, 2002)