Friday, February 26, 2010

Las Vegas Says No to Olympics

In a ban traced back to 2000 state law prohibits Nevada casinos from accepting wagers on the Olympics.  I think this has more to do with the fact that Olympic athletes are there to win medals and represent their countries.  There is no motivation to fix anything for these athletes when there is little money incentive to win.  If Vegas can't control the fix then it's not worth accepting bets and possibly losing for once.  I wonder how the off-shore and local books that take this action are doing.

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