The American Gaming Association (AGA) call on the Congress to repeal a federal ban on sports betting.
US.- The American Gaming Association (AGA) wants the Congress to repeal the nearly quarter-century old federal ban on sports betting. The Professional and Amateur Sports Protection Act (PASPA) passed in 1992 and prevented states from offering gambling lines on sports. Nevada, Oregon, Delaware, and Montana were granted special exemptions, as all four of those states were offering some variation of sports lotteries back in 1992.
After 24 years, AGA believes the time has come to annul PASPA. Last year, the AGA formed its Illegal Gambling Advisory Board (IGAB) led by former FBI Deputy Director Tim Murphy. Last week, the board issued five conclusions as to why PASPA should be revoked. Murphy’s IGAB consists of former law enforcement officials who are now working to expose the massive illegal gambling black market in the United States.
“The current approach to sports betting in the United States is not working,” said Murphy in a statement. “It’s fueling criminal enterprises. The time has come to repeal the current sports betting ban and replace it with rigorous regulations that benefit states, protect consumers and maintain the integrity of the games.”
In its “Law Enforcement Summit on Illegal Sports Betting,” the IGAB highlights that PASPA did precisely the opposite of what it intended to accomplish. “Instead of curbing illegal betting, the law has driven sports betting underground, creating a thriving, US$150-US$500 billion black market with no consumer protection,” the IGAB reports.