The Case for Legalizing Online Gambling

Federal oversight is the best way to make the industry more rational
Illustration by Bloomberg View

In a victory for fun, liberty, and sound fiscal policy, New Jersey has become the third state after Delaware and Nevada to permit online gambling within its borders. A dozen or so other states will consider doing so next year. By 2023, according to a forecast by Bloomberg Industries, annual online gambling revenue could reach $23 billion nationwide. In a just world, it would be legal in all 50 states.

Online gambling, like everything else on the Internet, is inherently interstate commerce. That makes federal regulation sensible.