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The parties that are deeply involved in the sports betting sector, including major sports leagues, will have their concerns heard at a congressional hearing that takes place on September This hearing involves the US House Subcommittee on Crime, Terrorism, Homeland Security and Investigations and is taking place in the Rayburn House Office Building. The first congressional hearing on traditional sports betting in a decade took place Thursday in Washington, D.C., and featured testimony from the NFL and a closing remark that indicated federal. Congress appears to believe it has a role to play when deciding on federal sports betting regulations — at least for now. Thursday’s hearing was with the House Subcommittee on Crime, Terrorism, Homeland Security, and Investigations. Following it, many lawmakers appeared to have walked away with more questions than answers. A congressional hearing on sports betting that was originally scheduled for Tuesday has been postponed. The House Judiciary Committee announced Wednesday morning that the hearing titled "Post. Posted on September 27, - Last Updated on September 28, by Eric Ramsey. A House subcommittee is tackling the subject of sports betting in a hearing on Thursday morning for the first time since the federal ban was struck down this spring. Legal Sports Report live-blogged the hearing, which started at 10 a.m. Eastern.

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Sports Business Journal. And when you consider Papas Games amount paid for a UK gaming license and operating expenses, serving the market right Spiel Des Jahres Kritikerpreis made little sense. Both received venture capital investments from various firms, including sports teams and broadcasters, and became known for running aggressive marketing campaigns with an emphasis on large cash prizes. The legality of daily fantasy games has been challenged, with critics, as well as the state of Nevada, arguing that they more closely resemble proposition wagering on athlete performance than a traditional fantasy sports game, while DraftKings' CEO has referred to its games as being similar to online poker.

He lives in New Jersey with his family. Gambling problem? About Contact. This site contains commercial content.

September 20, Each of these topics could be a lengthy column, so for the sake of brevity, here is a summary of each issue. And of course, overreach, or vague language could quickly turn each of the following ideas into a negative for the US sports betting industry.

If Congress intends to involve itself in sports betting, it should look to set the floor for states and not impose burdensome hurdles that look more like a ceiling.

That allows states to determine if and how far they want to go above and beyond the federal mandates. The federal mandates could cover anything from geolocation and KYC checks to setting a minimum age standard of 18 years old.

Read her full background and testimony here. He seems to understand that the black market holds several advantages over regulated operations at the moment.

He cites potential issues like this as justification for federal oversight. Nadler is next to ask questions, and he begins with Bernal. Nadler sees both sides of the issue, both the potential dangers and the freedoms which citizens should enjoy.

Slane chimes in to testify that appropriate controls are in place at the state level to protect consumers, including problem gamblers.

That is, after all, one of the key selling points of regulation. Harris rebuts that claim, arguing that state regulations that impose high standards on operators are the perfect tool to combat such activities.

She runs through the way it works in Nevada, including the in-person requirement for sports betting account registration. Why betting big NBA playoff favorites could be a bust in Best individual betting seasons for every NBA team.

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Worst individual betting seasons for every NBA team. NBA's 10 worst betting seasons of the past 30 years. NBA's five worst teams to bet on over the past 30 years.

Baseball betting nuggets: Big bets, live dogs and umpires. The race truly begins in More states plan on introducing legislation to legalize and regulate sports betting.

They could log on to a foreign gambling site and proceed to spend thousands of dollars. Las Vegas Raiders. Chiefs' win equals big loss for bookmakers.

Jaguars upset bad for bettors, survivor-pool players. Will the NFL season see the death of home-field advantage? Bengals winning No.

Cincinnati Bengals. Tom Brady in Tampa Bay equals big betting on Bucs. Kansas City Chiefs. Why betting big NBA playoff favorites could be a bust in She was adamant also that official league data should not come at a price as there is no precedent, she said, to treat this data as intellectual property.

A representative of the Coalition to Stop Online Gaming urged Congress to bring in some form of legislation to prevent a Wild West environment from growing in the sector, especially with criminal enterprises.

There were also calls to bring back the Federal Wire Act. This would see certain types of gambling businesses no longer being allowed to operate.

Details of the hearing The parties that are deeply involved in the sports betting sector, including major sports leagues, will have their concerns heard at a congressional hearing that takes place on September What are the main issues?

He cites potential issues like this as justification for federal oversight. If Congress intends to involve itself in sports betting, it should look to set the floor for states and not impose burdensome hurdles that look more like a ceiling. This point, along with the lack of enforcement of the Wire Actwere talking points from the former Nebraska attorney general. Every NFL team's record against the spread and more. What happened in the hearing? The NFL, of course, was one of the litigants in the case against New Jerseytrying to uphold the federal ban. Get Email Updates. They bring us together, they divide us — hopefully in good sportsmanship Wm Tips and they serve as an escape. ET Lottozahlen Wikipedia Sept. Similar Posts. Slane said making sure customers are placing bets in a safe and secure way is a top priority. Last week we speculated that Congress does not have an appetite right now for something big and bold and objectionable, Sports Betting Congressional Hearing Takewys rather might look to modernize a criminal statute — the Sports Bribery Act — to give it some more bite. Notable Bets: Survivor contest disaster, plus another bad Sunday for betting public.