States want to keep the Federal Regulation out of Sports Betting
Sports gambling leagues want sports clubs to be seen as the federal level. However, the State gambling watchdogs are against the proposals made by major sports leagues.
A statement was issued on Tuesday on behalf of the four state regulators by the International Centre for Gaming Regulation at the University of Nevada, Las Vegas. The statement reads – “coordinated action among jurisdictions states and tribal agencies is the key to stop illegal betting and possible corruption of the sports themselves.”
Although the officials did welcome “strong support from federal-level enforcement agencies,” they also took a direct swipe at the leagues, most suggested that wagering houses should pay a fee to the leagues. This will be for the right to use their data for gambling online. The leagues also thought that the fee will help pay for new measures to safeguard against match-fixing and improper betting.
Sports gambling fees
There is also a reliability fee that will increase legal sports betting costs. While the statement was signed by the gambling control officials of four states Massachusetts, Nevada, Michigan, and Louisiana. Some of the states also seem to agree to the suggestion of federal oversight.
“We strongly believe in a regulatory body in conjunction with other states, and believe that could work much better than the federal government taking over the reins,” said Raymond J. Lesniak.
Mr. Lesniak said, “We have been very clear: We’re not going to pay one dime of tribute to the leagues.”
Managing director of Gambling Compliance, an independent research service, James Kilsby, said that states see offers that sports wagering falls under federal control as an infringement on states’ rights.
“All forms of gaming have historically been regulated at the state level,” Mr. Kilsby said.
Sports gambling overview
Existing forms of illegal sports betting involves an internet-connected device or a website, with data. This is for scores and statistics that pass easily over international boundaries and the states. The first sports game regulation laws that conditions pass are expected to tie betting and online. In addition land-based institutions such as horse tracks and casinos.