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RE: Chicago Police Shut Down Illegal Sportsbook

in Cryptocurrency4 years ago

Gambling entities will always attract mobs likely do to its inherit business dealings. In Asian specifically Maccau money laundering is big business there. Large sum of money goes through the casinos and when they are traded for the chips the money can be exchanged to USD and consider clean and use abroad. This process will likely never end since casino will always have flow of money. Like you said always safer to find a reputable business so at the very least don't lose before I even place a bet. Thanks.

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You bring up some decent points maiwit. It's best if these types of businesses are legal and regulated then, than making them illegal forcing underground markets for no practical reason.