Practical Guidelines For Real-world Plans

He looks forward to the day betting on sports will be convenient, regulated, safe -- that he can walk up to a counter, place a bet, and know that if he wins, he'll get paid. And that if he loses, he can deduct those losses on his personal income tax return. Until May 14, the only state where bettors could legally gamble on professional and college sports was Las Vegas. (Of course I'm talking legal sports betting -- Americans illegally wager an estimated $150 billion a year on sports.) Now that the Supreme Court has struck down the Professional and Amateur Sports Betting Act, as many as twenty-two states or more  are expected to legalize

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