Tag: sports betting
Legal Sports Betting Raises Risk of Game Fixing
With dozens of states rushing to capitalize on the U.S. Supreme Court lifting a federal ban on sports gambling, will game fixing scenarios become more common? The four major pro sports leagues and the NCAA think so, and have argued for years that expanding legal betting will lead to more game fixing. The pro leagues have sought, unsuccessfully so far, a cut of state gambling revenues to increase monitoring. Meanwhile, architects of New Jersey’s successful legal challenge to the sports gambling ban say those fears are overstated and that bringing sports betting out of the shadows will make it easier…
Judge Kavanaugh, Sports Betting and Gambling
The recent Senate appointment of Judge Kavanaugh to the Supreme Court of the United States was carried out in the midst of many important questions. Despite serious scrutiny surrounding allegations of sexual assault, he was confirmed. So now that he’s the newest high court justice, it’s time we look at Judge Kavanaugh sports betting and gambling. There are some questions answered by Kavanaugh that might also provide important lessons for protecting sports betting integrity, although would hardly be the first Supreme Court justice to enjoy an occasional indulgence in gambling.Former Chief Justice William Rehnquist’s reputation was that of a “notorious…
State Regulation of Sports Betting is Best Bet
The state regulation of sports betting is a better option for America. That is what Sara Slane, senior vice president of public affairs at the American Gaming Association (AGA), stated in testimony before the House Judiciary Subcommittee on Crime, Terrorism, Homeland Security, and Investigations, “Post-PASPA: An Examination of Sports Betting in America,”. She emphasized that federal oversight of sports betting is unnecessary in ongoing efforts to create effective legal sports betting markets in the United States. Highlights of Slane’s opening remarks include: “Because of the active, robust state and regulatory tribal gaming oversight, gaming is one of the most strictly…
Sports Betting Reviewed by Congressional Subcommittee
U.S. sports betting is set to be “reviewed” by the Congressional Subcommittee on Terrorism, Homeland Security and Investigations on Thursday in Washington D.C. How’s that for getting your attention? We’re also looking at a huge mistake that cost the FanDuel sportsbook over $80,000. This week’s special offer is for the Heavy Chips casino.
AGA to Testify Before Congressional Committee on Sports Betting
Sara Slane, Senior Vice President of Public Affairs for the American Gaming Association, has been invited to speak before a Congressional Committee on Sports Betting. Ms. Slane will provide testimony on behalf of the gaming industry, highlighting the AGA’s core principles for legalized sports betting. The House Judiciary Subcommittee on Crime, Terrorism, Homeland Security and Investigations announced earlier that they will be holding a hearing titled “Post-PASPA: An Examination of Sports Betting in America” on Thursday, September 27th at 10:00 a.m. EDT. Information on additional witnesses for the Committee on Sports Betting hearing has not yet been finalized, but it…
Federal Sports Betting Regulations Proposed in US Senate
Senate Minority Leader Chuck Schumer (D-N.Y.) became the latest member of Congress to put forth specific suggestions for Federal sports betting regulations in a memo first provided to ESPN. Schumer’s suggestions include the idea that all sports books only use official league data to determine outcomes and that the sports leagues themselves should be involved in determining what bets would be accepted. Schumer also suggested leagues would have to reasonably step up monitoring, but did not mention so-called “integrity fees,” the idea that leagues should be paid a portion of bets on their sport as compensation for ratcheting up security…