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AGA has warned Chuck Schumer that his new draFTS for a federal framework for sports betting in the STATES are “a non-starter” despite several top sports organisations having come out in support of the US Senate Minority Leader’s proposals.
The US Senate Minority Leader, became the latest member of Congress to submit suggestions for nationwide regulations for the sector, with states so far having adopted their own legislative approaches to sports betting after PASPA, the federal law banning sports betting, was overturned in earlier this year.
Schumer commented: “With the Supreme Court’s ruling, it’s incumbent on the federal government to take a leadership role and provide the necessary guidance to prevent uncertainty and confusion for the leagues, state governments, consumers and fans alike,”
“The stakes are too high – legal sports betting laws must be crafted and executed in a careful and thoughtful way. As state legislatures develop new legislation in the weeks and months ahead, I hope they will take these principles under consideration.
“I also support the efforts in the Congress to debate and develop bipartisan federal legislation that would adhere to these principles.”
The AGA’s senior vice-president of public affairs, Sara Slane, replied: “Federal oversight of sports betting was an abject failure for 26 years, only contributing to a thriving illegal market with no consumer protections and safeguards. New federal mandates are a non-starter.
“The casino industry is working with stakeholders to ensure the proper protections for consumers, and the integrity of bets and sporting contests are included in state policy, universally implemented by all operators in those states, and overseen by effective state and tribal gaming regulators.”
“As legalised sports betting spreads across the states, there is a need for consistent, nationwide integrity standards to safeguard the sports millions of fans love,” stated a joint statement from the NBA, MLB and golf’s PGA Tour. “We strongly support the legislative framework outlined by Senator Schumer and we encourage Congress to adopt it.”
Source: iGamingBusiness
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