The National Collegiate Athletic Association is looking for a federal sports betting law. Now, if the NCAA has its way, no one will be able to bet on collegiate games.
Any such move will be met with a legal challenge as a result of the U.S. Supreme Court decision to overturn the sports betting ban last year, but that won’t stop the body from trying to exert its influence on legislation that is now in the early stages of discussion between Senator Chuck Schumer (D-New York) and Senator Mitt Romney (R-Utah).
The legislation could be similar to the Sports Wagering Market Integrity Act that was introduced in December by Schumer and since-retired Senator Orrin Hatch (R-Utah), but never gained momentum.
Sports betting and related activities are also regulated by the NCAA as well as state and federal sports betting laws which contain additional prohibitions. The NCAA prohibits student athletes and athletics employees from betting on any sport sponsored by the NCAA at any level, and from sharing information for sports wagering purposes.
This article on the possibility of a federal sports betting law and the NCAA involvement originally appeared on the GGB News website. You can find other news about the NCAA and sports betting, including the $3 billion be bet on the March Madness tournament in 2022, right here on this website.