AGA supports sports betting

Sports betting could be a profitable industry. Credits: BusinessTech.
Sports betting could be a profitable industry. Credits: BusinessTech.

The American Gaming Association is lobbying in favour of sports betting legislation.

US.- The American Gaming Association is promoting the sports betting industry through lobbying activities in order to support the expansion of operations in the United States. Over 18 states have shown interest in a sports betting industry and allowing current licensed casino operators to bid for permission once the US Supreme Court favours the measure.

“Sports betting is coming. It’s going to be here,” said Will Green Senior Director of Research at the American Gaming Association. “It’s a matter of when, not if.”

A national survey conducted by the Washington Post in conjunction with the University of Massachusetts Lowell revealed that 55 per cent of adults in the United States are in favour of legal sports betting, whilst 33 per cent of the people that participated in that poll said that they’re against it. The results marked the first time that the poll indicates a majority in support of legal wagering.

PASPA, a sports protection act that was passed in 1992, prevents 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. As New Jersey has taken the demand to the Court, a national approval of sports betting is a serious possibility.

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