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Leagues, State's $ AGA Anticipate Legal Sports Betting

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vixen777

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Jan 14, 2008
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SOURCE-FULL STORY


As stakeholders across the U.S. anticipate a decision from the U.S. Supreme Court by June in Christie (Murphy) v. NCAA that could remove the federal ban on Sports Betting,
the American Gaming Association held an event to bring together state-level stakeholders in a potential legal U.S. betting market.

Last week, the AGA held its first-ever State Stakeholders Summit, convening industry experts and invested stakeholders to drive the evolving national debate on expanding legalized,
regulated Sports Betting. Held at the Hall of States, the event focused on potential policy solutions for state and federal legislatures and regulatory bodies.
Drawing upon critical guidance from gaming regulators and AGA policy principles, stakeholders discussed the need for sound policy
that would enhance law enforcement resources and drive customers to a legal, regulated Sports Betting market.

The Supreme Court, before its June recess, is expected to issue a decision in the case brought by the NCAA and four professional sports leagues challenging a law signed in 2014
by then-Governor Chris Christie creating a self-regulated Sports Betting program. The leagues contend the law violates the
1992 Professional and Amateur Sports Protection Act (PASPA), which bans Sports Betting in all but four states, and bans single-game betting everywhere but Nevada.

The AGA has made repeal of PASPA a primary focus, contending the law restricts state and federal economic benefits, exhausts law enforcement
resources and perpetuates a thriving illegal Sports Betting market in the U.S. estimated to be in excess of $150 billion annually.
 

dani3839

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Jan 17, 2008
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82,793
every step in the right direction is a good one!

Thanks Vixen

:clap
 

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