Top crypto tokens really are not all that different from general stocks. A study by Hendrik Bessembinder (2017) found that only about 4% of stocks accounted for nearly all of the market’s wealth creation from 1926 to 2016.

These leagues and broadcast partners need the gambling partnerships. The horse is out of the barn.

It doesn’t work that way. This has already previously been illegal and unregulated and millions of people activated their free will to participate through various means. Just as people did with alcohol during prohibition. But you cannot conveniently close off the internet this way.