Merkley introduces bill banning sports, election gambling. Here's why

[RandySF]

PORTLAND, Ore. (KOIN) – Sen. Jeff Merkley (D-OR) introduced a bill on Thursday aiming to crack down on prediction markets amid concerns that gambling on sports, elections and government activities invite corruption.

Sen. Merkley introduced the STOP Corrupt Bets Act alongside Congressman Jamie Raskin (D-MD).

The bill would ban prediction market betting on elections, government actions, sports and military actions, which the lawmakers note, are not commodities and have “little-to-no value in helping business investments.”

“When anyone can use prediction markets to make a well-timed bet on Congress passing a bill, government decisions, or a military strike, it’s ripe for corruption and erodes public trust,” Sen. Merkley said.





https://www.koin.com/news/politics/merkley-introduces-bill-banning-sports-election-gambling-heres-why/

[Yeller]

1. Gambling and drugs

Have gotten out of control.

The worst is political prediction markets. Throw money directly in to influence voters to vote your side.

This all started awhile ago, and it needs to be stopped somehow. The weed shops, the gambling, all of it.

[Scrivener7]

5. The weed shops? Really?

[Yeller]

6. 100%

Crime centers.

[Ilikepurple]

8. I'm guessing this varies by location, but the weed shops here might as well be a Joann's or Tweety and Pops

I’m certainly not afraid to visit other shops near them or anything. What kind of crime? By the customers, the proprietors, both? I’m not sure what the criminal cross section is here unless you just put all acts historically deemed immoral in one box. I’m sure issues have arisen out of legalization of both “vices”, but I’m not sure their related in kind or impact.

[Scrivener7]

9. Same for the weed shops in and around NYC. The gambling is obviously a problem, and one that I'm sure

is larger than we know. But the weed shops might as well be Yankee Candle shops for all the crime that goes on in and around them.

[jfz9580m]

10. Lol..

I love my medical marijuana “yeller”.

[Yeller]

11. I hear it's a good cure

for taking off about 20IQ points over a little while. Good job.

[ProfessorGAC]

12. Citation Please

Otherwise I will continue to conclude you just made that up.

[Yeller]

13. It's always so weird

when people get so defensive about their addiction to substances.

[ProfessorGAC]

14. Excuse Me

I barely drink & rarely indulge in pot.
That's two things you've made up, now.
Plus, directly insulting a DUer is a violation of TOS.

[Scrivener7]

18. It's always so weird when people claim

others have addictions when there is no evidence of any such thing.

Seems like either shit-stirring or rank ignorance. Or maybe projection.

[Intractable]

16. You sound like someone who doesn't actually go to dispenseries ...

and just want to inflict your caustic opinions on others.

[malaise]

2. He is correct

Rec

[303squadron]

3. The domino effect of sports gambling

Last year San Diego manager Mike Shildt quit due to “stress” and threats of violence directed at him from gamblers.

Pretty soon managers and coaches will need their own security detail. They could ask Mitt Romney for recommendations.

Another terrible SCOTUS decision!!!!!!!

[Shrek]

4. Kagan and Breyer were in the majority n/t

[Cha]

19. TY Kick!