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High Stakes, Low Standards: America's Gambling Gamble

The Gist

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Navigating Sports Gambling: Regulation and Risks

This chapter examines the challenges and implications of sports betting and drug legalization, particularly in New York. It critiques the rapid rollout of gambling frameworks, emphasizing the need for better regulations and accountability akin to alcohol laws. The discussion highlights the risks of gambling addiction, the financial dependency of the industry on high-risk bettors, and the legislative conflicts surrounding state and federal regulatory efforts.

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