Saturday, December 15, 2018

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From a practical political standpoint I think that both of those industries are going to have to have some level of involvement or its going to be pretty difficult to get anything passed [through the legislature], Hartman said. The casinos arent convinced. They dont believe that the horse track is the proper place for this type of gambling. We believe it will be the voters of Colorado that decide whether they want sports betting at all, said David Farahi, chief operating officer for Monarch Casino and Resorts. Thats been the history in Colorado, Farahi said. The last time the horse track tried to expand casino-style games, voters defeated that at the polls.

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The legislation, which would allow wagering on professional and collegiate sports, would require states to apply for approval from the U.S. attorney general when implementing new sports betting laws and regulations. It would force sportsbook operators to use official league data to grade wagers until at least 2023 and create a mechanism for authorities to target unlicensed operators domestically and offshore. In addition, the bill calls for the formation of the National Sports Wagering Clearinghouse, which would collect anonymized sports betting data in real-time, including the amount and type of wagers, date and time in which the bet was accepted, where it was placed and the outcome. The goal of the clearinghouse would be to monitor for any unusual betting patterns, a potential sign of corruption. Hatch's comprehensive legislation also addresses sports betting advertising and problem gambling, and looks to amend two federal gambling statutes. The bill would amend the Wire Act of 1961 to เว็บแทงบอล allow sportsbook operators to lay off bets to other states through compacts, and strengthen the Sports Bribery Act of 1964 by adding extortion, blackmail and wagers based on non-public information as violations. The draft bill is the first federal sports betting legislation that has appeared since the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act of 1992 (PASPA) in May. PASPA had restricted state-sponsored sports betting to primarily Nevada, but was found to be unconstitutional, opening a pathway for additional states to set up regulated bookmaking industries.

For the original version including any supplementary images or video, visit http://www.espn.com/chalk/story/_/id/25453710/congress-pushing-federal-sports-betting-oversight

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