Articles matching tag: Sports Betting
- Column: Sports Betting Is InevitableJune 15, 2017
Sports betting is coming to a place near you, perhaps sooner than you think. And that place may be as close as your hand. Last month the House Energy and Commerce Committee released a draft of legislation designed to repeal the last vestiges of federal prohibitions on sports betting. If passed, the Gaming Accountability and Modernization Enhancement Act, or “GAME Act,” would give the Federal Trade Commission oversight authority to regulate sports gambling, including online gambling. The GAME Act would repeal the Professional and Amateur Sports Protection Act of 1992 (PASPA), the federal law that prohibits state-sponsored sports betting in all but four states - Delaware, Oregon, Nevada and Montana – which were grandfathered by PASPA.