AGA opposes federal regulation of sports betting
The association has expressed its opposition to the federal bill introduced this week to regulate sports betting.
US.- The American Gaming Association (AGA) released on Thursday a statement in response to the “Sports Wagering Market Integrity Act of 2018,” introduced by Senators Schumer and Hatch, which seeks the federal oversee of sports betting in the US.
Sara Slane, senior vice president of public affairs for the American Gaming Association, explained that the bill is the “epitome of a solution in search of a problem, representing an unprecedented and inappropriate expansion of federal involvement in the gaming industry, which is currently one of the most strictly regulated in the country.”
The association’s executive said that across the country, nearly 4,000 dedicated public servants already regulate all forms of gaming, including sports wagering, with more than US$500 million committed to ensuring the integrity of commercial casinos’ operations and US$822 million spent on regulation of tribal gaming in 2015 alone. “These state and tribal regulators have decades of experience effectively overseeing gaming operations within their jurisdictions,” she said.
“Additional areas this bill seeks to address – including the mandatory use of official league data and the creation of a national sports wagering clearinghouse – can, and should, be decided by marketplace negotiations between private businesses and cooperative agreements among jurisdictions. In the mere six months since the U.S. Supreme Court paved the way for legal, regulated sports betting, significant developments on both of these fronts have already occurred without any federal involvement.
“While federal regulation of sports betting will continue to be a non-starter for the gaming industry, we appreciate the sponsors’ recognition that more must be done to curb illegal sports betting operations, which continue to pose the biggest impediment to the success of a legal market that will benefit and protect consumers, sports leagues and casino operators alike.”
