Adam Schiff: “When it is completely unregulated like this, you could have…”

“Right? And that, that's been very clear where that belongs. And I would add too, in addition to the concern about revenue to the state When it is completely unregulated like this, you could have vast amounts of insider trading. People who have particular insights, either because they're government officials or because they're the athletes themselves who can end up influencing the events they're betting on.” (02:41–02:52)

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