Is There Any Role Left for Federal Regulation of Sports Wagering?

Editor’s Note: See CRE’s December 2007 letter to the Treasury Department and Federal Reserve System re: Establishing A UIGEA Restricted Transaction List and Process for Resolving UIGEA Status of Other Transactions and CRE’s September 2008 letter to the Federal Reserve re: Burden of Proposed Internet Gambling (UIGEA) Regulations on Financial Institutions.

From: The Regulatory Review

Despite a watershed ruling, the gaming industry must still contend with onerous and redundant state oversight.

With its decision in Murphy v. National Collegiate Athletic Association, the U.S. Supreme Courtinvalidated the Professional Amateur Sports Protection Act (PASPA), a federal statute that prohibited states from authorizing competitive sporting events. The decision allows states to determine whether to permit sports wagering within their borders.

Just weeks after the Court’s decision in Murphy, sports wagering has already commenced at casinos and racetracks in New Jersey and Delaware. In addition, Pennsylvania, New York, Rhode Island, West Virginia, and Mississippi have all passed legislation authorizing sports wagering. Several other states have introduced—but not passed—legislation that would allow some form of wagering on sporting events.

Read Complete Article

 

6 comments. Leave a Reply

  1. Andrew

    That is hard question. I mostly use safe and self-regulated Parimatch. As long as i live in Tanzania and mostly use Swahili language, it’s much more common for me to use https://parimatch.co.tz/sw/football/allsvenskan-1305de4500484053a0924094a8c8f0b5 with their translation and opportunities for people like me.

  2. Rolanrry

    There are many interesting offers in the online casino parimatch, especially in the assortment of online slots. One of the most interesting titles is Dragon Tiger https://parimatch.in/en/casino/slots/game/habanero-dragontiger the game feels very comfortable, the gameplay is sharpened on maps and is not very difficult to parse.

  3. krisha Patel

    Looking for a fun and exciting way to spend your free time? Look no further than kheloo! We have all your favorite #casino games and more, all in one place. Plus, our new #mobile app makes it even easier to play on the go. Don’t wait anymore. Come join the fun at #kheloo today!
    Click now- https://bit.ly/3fOG04b

  4. Keith Gilbert

    Everything is safe in Pin Up bet, users from Azerbaijan and not only can safely place bets and play in the casino at https://pinupbet.az

  5. 88cric

    88cric is the leading online casino website in India, offering a multitude of quality casino games to explore, and extra funds to play with from the start. You’ll also find a range of rewarding promotions and the best and most convenient payment methods in India. 88cric Casino brings you a wide range of internet casino games that you can play online anytime from your desktop, laptop or mobile devices.

  6. DanRubber

    Creating an account at RocketPlay Germany is quick and hassle-free, allowing new players to join and start enjoying the vast selection of games within minutes. https://rocketplay.com.de/ To sign up, simply visit the registration page and provide your email address, create a password, and select your preferred currency. Once your account is set up, you can take advantage of a generous welcome bonus and begin exploring the extensive range of slots, table games, and live casino options available. The platform is designed with player security in mind, using advanced encryption to protect your personal information and transactions. RocketPlay Germany also offers a variety of secure payment options, making deposits and withdrawals easy and convenient. With ongoing promotions and a rewarding VIP program for loyal players, RocketPlay provides an exciting and secure environment for players to enjoy their favorite casino games.

Leave a Reply

Name not required for anonymous comments. Email is optional and will not be published.

Please Answer: *