In the wake of the October 2010 indictments of four State Senators, Gary Palmer of the Alabama Policy Institute wrote about the historical connection between the legalization of gambling and government corruption. He quotes former U.S. Senator Paul Simon of Illinois who declared predatory gambling “…has more of a history of corruption than any other industry.”
REPORT: “Sports Betting Across Borders” | Federal Reserve Bank of New York
June 2, 2026
By Jacob Goss & Daniel Mangrum “Sports Betting Across Borders: Spatial Spillovers, Credit Distress, and Fiscal Externalities” ACCESS REPORT HERE