AGA issues statement opposing sports betting bill

Senior Vice President of Public Affairs for the AGA, Sara Slane, stated …

“This invoice would be the epitome of a solution in search of a problem, representing an unprecedented and inappropriate expansion of federal participation in the gambling business, which is currently one of the most strictly controlled in the nation.

“Across the nation, almost 4,000 dedicated public servants already govern all forms of gambling, such as sports wagering, with over $500 million committed to ensuring that the integrity of commercial casinos’ operations and $822 million spent on regulation of tribal gambling in 2015 alone. These tribal and state regulators have years of expertise efficiently overseeing gaming operations within their jurisdictions.

“mandatory use of official league info “

“Additional areas this bill attempts to address — such as the mandatory use of official league info and the creation of a national sports wagering clearinghouse — can, and should, be determined by market negotiations between private businesses and cooperative arrangements among jurisdictions. In the mere six months because the U.S. Supreme Court paved the way for legal, regulated sports gambling, important developments on both of these arenas have already occurred with no national participation.

“will last to become a non-starter“

“Even though national regulation of sports gambling will continue to be a non-starter for its gambling business, we appreciate the sponsors’ recognition that more has to be done to curb illegal sports gambling operations, which continue to pose the largest impediment to the achievement of a lawful market that will protect and benefit customers, sports leagues and casino operators alike.

The bi-partisan legislation would allegedly bring federal oversight into the recently-deregulated sports gambling  business and require operators to solely utilize data officially licensed or supplied by sport leagues.

Integrity fees never addressed:

The Sports Wagering Market Integrity Act of 2018 doesn’t tackle any so-called “integrity fees” that would be payable into the pro sports leagues out of sports betting earnings.

Sports betting landscape post PASPA:

The 1992 law allowed resistance to Nevada, which reported record-breaking figures for sports gambling at September, Delaware, Oregon, and Montana, that had previously permitted sports gambling inside their borders.

While New Mexico hasn’t passed legislation authorizing sports gambling, it became the fifth state to offer sports gambling following the repeal of PASPA when under an existing Class III gaming compact the Pueblo of Santa Ana tribe started a sportsbook at its Santa Ana Star Casino & Hotel.

Sports gambling has also been legalized at Arkansas, as voters in the state passed Issue 4, a measure to amend the state constitution to permit casinos in four different counties and also to allow sports gambling.

New York and Connecticut have put partial laws in place pending additional action, while a further five countries such as Kentucky, Missouri, Ohio, Tennessee and Virginia have bills pre-filed for its 2019 legislative session.

Politics and disagreement probably :

The invoice is allegedly seen as a first step in what will likely be a protracted procedure, and it won’t pass in this session of Congress, which has less than two weeks remaining.

Following the new Congress begins its session at January 2019, the 101-page invoice will have to be formally reintroduced.

Miller made new CEO:

Miller will direct the $261 billion gambling business effective January 14, 2019.