NBC – Sports fans can be very forgiving. Just look at the Chicago Cubs, who fill Wrigley Field every year despite last winning the World Series 106 years ago. When athletes bet on sporting events, however, all of that changes. Otherwise compassionate fans who would be willing to look the other way in most cases have been known to permanently turn their backs on athletes who bet, or who get in on gambling schemes that can affect the outcome of a game. Why is this? Michael Vick operated an illegal dogfighting ring, but that didn’t stop him from signing a…

The Cato Institute and the Pacific Legal Foundation this week filed an amicus brief which supports the New Jersey sports gambling appeal to the U.S. Supreme Court regarding online sports betting. In February, Chris Christie’s administration filed an appeal with the Supreme Court, stating the federal ban on sports gambling in all but 4 states (the PAPSA law) is unconstitutional. The Cato Institute is a libertarian think tank located in Washington D.C. The think tank was founded in 1974 by Charles Koch. It is considered one of the leading think tanks in the world, sitting at 6th best among American…