Online gambling is one of the industry making highest revenues worldwide. Legalizing the sport betting is indeed a good thing according to the experts. It makes the underage betting more transparent and rule out the possibilities of illegitimate sites and develop the integrity of the games. Nevada was the first state in United States to legalize esports betting. However more states soon joined Nevada in this betting journey.
Legalization of Sports Betting in United States
Few years ago, before 1990, sports betting was not legal in the country. So people need to travel all the way to different countries to go e-sports betting. Later, experts almost unanimously agreed that legalized sports betting was inevitable. It was then when Texas A&M graduate Victor Palmer provided a legal way to pay online gambling and sports betting in America. Centsports.com is a legal site that lets you to place bets with someone else money. The best part of this is, you won’t lose. There are few reasons that made the American Gaming Association enforce the government to make it legalized like
- A considerable revenue for the government:If sports betting is legalized, then government can earn a considerable revenue by taxing the esports betting. A recent business magazine reveals that the revenue the government gains from online sports betting has doubled in the past three years
- Strengthen the integrity of games – On legalizing the esports betting, the licensed sportsbook have the authorities to make the illegal betting come into limelight. This eventually enhance the integrity of the games and doesn’t let the illegal activities upsurge in success.
Summing it up
After legalizing the sports gambling, people’s attention towards these form of gambling was much higher. They started playing in legitimate sites like centsports and made some real good money.