Post-PASPA Legal US Sports Betting set for review on September. 27

Members of Congress will meet on September. 27 discuss the impact of sports betting on America.

Members of Congress will meet on Sept. 27 to discuss the impact of sports betting on America since the overturning of PASPA.

The meeting, scheduled for 10 a.m, has been entitled: “Post-PASPA: An Examination of Sports Betting in America.”

If all goes to plan, the meeting should be held in the House Subcommittee on Crime, Terrorism, Homeland Security, and Investigation.

Since the overturning of PASPA earlier in the year, states have been quick to capitalize. Four states already have major sports betting activity with two more states set to join in the next year.

NJ online casinos, in particular, have been extremely active as the state welcomed their eighth sports betting app in the past week.

A number of sports betting stakeholders will be present at this week's meeting, including members of the NFL. They are expected to face some opposition from authors of the original PASPA bill - who will be present at the meeting as well.

Sen. Orrin Hatch (R-UT) has been vocal in his demand for new legislation to replace the since abolished PASPA law.

Senate Minority Leader Chuck Schumer (D – NY) will also be present. Previously the congress member revealed plans for a post PASPA league friendly framework. Under this framework, bookmakers would be required to purchase league data. The various leagues would also have powers over the odds offered by the sportsbooks.

Members of the American Gaming Association will also be present - the recently rebuked the senator's plans. This was after launching a new report showing the impact of sports betting on NFL revenues.

Tom Blackwell 27 Aug 2019 View more

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