Why Doesn't the Government Fix Sporting Events?

This blog has clever readers. One of them, Corey Forbes, writes in to say:

We know that point shaving, game throwing, match fixing, and referee scandals have existed in professional and college sports since as long ago as the 1919 Chicago White Sox. Knowing this, why doesn’t the U.S. Government just fix a sporting event(s) to pay off its debts … or are they doing this already?

I love the “or are they doing this already?”

Anyway: why not indeed (other than the potential p.r. and financial disasters)?