When Animal Kingdom romped to victory in the 2011 Kentucky Derby, he did so at odds of 21-1. Anyone who bet on the horse when the initial morning line was set did so when Animal Kingdom was 30-1. Except they didn't get those odds. That's just horse racing, and some...
In Many States, Legalizing Sports Betting Hinges on Tribes
ST. PAUL, Minn. — Native American tribes have emerged as key players in the legislative debates over whether states should legalize sports betting, with some opposing the idea because it could threaten their casinos and others supporting legalization only if they retain a monopoly. In many states, tribes are fighting...
Big Tech Isn’t a Monopoly. Here’s Why.
Public concern about Facebook’s power in society – and in politics – has skyrocketed in the wake of revelations that users’ data was analyzed by a U.K.-based marketing firm and used to construct highly targeted political propaganda in advance of the 2016 U.S. presidential election. Other technology giants have also...