State Sports Betting Regulation in Jeopardy

state sports betting regulationState sports betting regulation in America could be in jeopardy if plans for federal oversight are implemented from a Congressional draft bill. That leaked legislation would require states to have have their betting regulation approved by the US Attorney General and the purchase official major league data under

The comprehensive legislation would force states to apply for approval from the Attorney General when implementing new sports betting laws and regulations. However it does not specify if this would be required retrospectively for those states where betting is already legal and regulated.

In a nod to the sports leagues and those lobbying for integrity fees, all operators would be required to use official league data until at least 2023. A National Sports Wagering Clearinghouse would be founded to monitor for any unusual betting patterns, while the Sports Bribery Act of 1964 would be strengthened by criminalizing the act of betting based on non-public information.

Looking beyond state borders, the draft bill would alter the Wire Act of 1961 to allow sports books to operate across state lines through compacts. You can read more on the possible undermining of state sports betting regulation at iGaming Business.