Let Market Forces Regulate Internet Gambling

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Americans like to gamble; in 48 states they can do so legally. However, a bevy of federal laws—The Wire Act (which bans interstate bets), the Professional and Amateur Sports Protection Act (which makes it impossible for almost all states to legalize sports betting), and the Unlawful Internet Gambling Enforcement Act (UIGEA, which imposes a variety of burdensome banking regulations in an effort to ban some types of Internet gambling)—make gaming over the Internet very difficult.