• Legal Sports Gambling Could Attract Criminals. Here's How to Stop Them

    8 days ago - By Fortune

    Since the U.S. Supreme Court overturned a national ban on sports gambling, many states have rushed forward to legalize the practice. Full-scale sports gambling is now permitted in six states. More than 20 other states and the District of Columbia are on their way.
    But a degree of caution is in order. Legalized gambling is likely to attract billions of additional dollars into the sports market. Most will be legitimate. But some will be of unknown, perhaps criminal, provenance.
    Money launderers have long run illicit cash through sports interests. Legalized sports betting could provide them...
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