Wednesday, January 25, 2012

Bookies of America, Beware!

Betting on the Super Bowl!? I'm shocked, I'm shocked.

The New York Times offers a peek into the scads of money at stake in the football game pitting the New York Giants vs. the New England Patriots. And a few tidbits on the World Series and the NCAA tourney.

But, hey, is all this gambling part of the informal economy or the formal? Are the big winners paying tax on those earnings?

No comments: