Congress Last Desperate Attempt to Set Up State Framework for Allowing Sports Betting

Written by:
Gilbert Horowitz
Published on:
Dec/06/2018

Outgoing Republican Senator Orrin Hatch (R-Utah) is pushing forward a bill that would establish a federal framework for states to regulate sports betting, but he only has days to find additional sponsors.


START YOUR OWN SPORTSBOOK - PAY JUST A SMALL FEE PER PLAYER PER WEEK

Sports betting industry expert Joe Brennan, Jr tweeted out this week:

It’s been fun watching Betting Twitter get lit over this “federal bill”,  but this is nothing more than a dinner bell for lobbying interests to get themselves to the Hill; and a last stab at getting a sponsor, since Hatch is an ex-senator in a month

ESPN.com first reported on the draft legislation.

The legislation, which would allow wagering on professional and collegiate sports, would require states to apply for approval from the U.S. attorney general when implementing new sports betting laws and regulations. It would force sportsbook operators to use official league data to grade wagers until at least 2023 and create a mechanism for authorities to target unlicensed operators domestically and offshore.

Some say such a bill is overreach, especially considering that more than half a dozen states have already approved sports betting since the U.S. Supreme Court ruled to abolish decades long prohibition against the activity. 

Pro sports leagues would favor Hatch's bill because they likely could charge for the official league data, Axios suggested.

The push for federal legislation is not likely to go away with Hatch's departure.  Sen. Chuck Schumer (D-N.Y.) has his own proposal for a federal framework and he plans to be sticking around for a while.

- Gilbert Horowitz, Gambling911.com

Gambling News

Catholic School in LA is Having Nun of This: Sisters Confirmed in Embezzlement Scheme

Catholic School in LA is Having Nun of This: Sisters Confirmed in Embezzlement Scheme

Two nuns who worked for decades at a Catholic school in California embezzled a “substantial” amount of money from tuition and other funds and used it to pay for gambling trips to Las Vegas, church officials said Monday.

Aussie Firm Enters NJ Sports Betting Market

Aussie Firm Enters NJ Sports Betting Market

New Jersey has given preliminary approval for an Australian sports book provider to offer online sports betting.

Where Are Your Players From? 2018 Global Market Overview

Where Are Your Players From? 2018 Global Market Overview

BOSS. Gaming solutions has collected the latest iGaming market research by H2 agency and classified it to help you to get a full picture of players’ preferences worldwide.

Whitey Bulger Family to Sue Following Brutal Prison Murder

The family of notorious Boston mobster James “Whitey” Bulger plans to file a lawsuit against the government claiming wrongful death and negligence more than a month after his mysterious murder inside a West Virginia prison.

Mississippi Sports Bettor Hits $40 13-team parlay for $103K

Mississippi may be regretting opening up sportsbooks in the state following a landmark US Supreme Court decision legalizing the activity back in May.

Syndicate