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Congress Introduces Bill That Would Subject Sports Betting To Federal Oversight

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According to a report by Reuters, on Wednesday, Congress introduced a bill that would subject the United States' legal sports betting market to federal oversight, a bill almost guaranteed to face opposition from the casino industry and some states. The bill was reportedly introduced by Republican Senator Orrin Hatch and Democratic Senator Charles Schumer, and is aimed at protecting consumers and sports integrity and would require states to attain federal approval in order to run a sports betting program. Reuters reports that states like New Jersey, which has long looked to capitalize on sports betting by legalizing and taxing it, will likely be upset over any attempt at federal oversight.

Added on the 19/12/2018 18:47:38 - Copyright : Wochit

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