Why Overregulating Betting Backfires

States trying to clamp down on sports betting are actually making things worse! When legal betting is smothered by crazy taxes and old-school rules, the black market swoops in. Montana’s setup is so outdated you can only bet in person, and new laws might even target crypto and free-to-play apps. Meanwhile, places like Nevada and Iowa show that open, fair, digital betting keeps things safe and brings in tax money. Overregulation? It just pushes people underground. #SportsBetting #PolicyFail #BlackMarket #News