CEO DATELINE - American Gaming Association pans sports-betting proposal
CEO DATELINE - American Gaming Association pans sports-betting proposal
- August 31, 2018 |
- Walt Williams
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A proposal to provide federal guidelines for sports betting has won the support of many professional sports leagues but not the American Gaming Association, which called the plan "a nonstarter."
The proposal from Senate Minority Leader Chuck Schumer (D-N.Y.) would give states a framework to follow should they choose to legalize sports betting within their borders, according to ESPN. Among other things, Schumer is recommending that sportsbooks—places where people can make bets on sporting events—use official league data to determine outcomes, that sports leagues help determine what bets would be accepted, and that only people 21 and older be allowed to place bets.
Most of the major sports leagues have endorsed Schumer's proposal, including the National Football League and Major League Baseball. But AGA—which represents casinos—wants regulation left to individual states. The U.S. Supreme Court struck down a 1992 federal law banning sports betting in May. Since then, several states have moved forward to legalize the activity.
"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," said Sara Slane, AGA's senior vice president of public affairs, in a statement. "New federal mandates are a nonstarter."
Slane added that 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."
Congress is unlikely to take up a sports betting bill this year given the many other priorities facing lawmakers, ESPN noted. https://es.pn/2wBzhQA
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