In what the AGA says is “a wave of unprecedented support of legalized sports betting,” the group on Monday announced that its American Sports Betting Coalition (ASBC) is launching a coordinated effort to begin the process of repealing or replacing PASPA.<\/p>\n
\n“Big government’s 1992 sports betting prohibition has failed to protect sports, fans, and communities,” Freeman said in a statement. “We are partnering with local and state elected officials, law enforcement and other diverse interests to tell Washington to get out of the way.”<\/strong><\/p>\n<\/blockquote>\nAccording to numerous economic impact studies, allowing states to authorize sports wagering would provide a substantial fiscal benefit. Recent research from Oxford Economics found that, legal, regulated sports betting would generate upwards of $26 billion in total economic impact, create up to 152,000 jobs, and between $6 billion and $7.5 billion in wages.<\/p>\n
The AGA estimates that Americans wager $150 billion on sporting events each year, with nearly all of it placed through illegal channels.<\/p>\n
It’s worth noting that Oxford Economics has no relation to the prestigious university in England. The craftily named firm is actually based in Pennsylvania, and was contracted by AGA to look into sports betting.<\/p>\n
Coalition Moving Forward<\/b><\/h2>\n
Per the AGA’s press release, the ASBC is trying to bring together a powerful unit to push for legislative action in Congress.<\/p>\n
With a ruling from the Supreme Court on PASPA now unlikely, the sports gambling law’s only chance of being amended is through Congress. In May, after Solicitor General Wall told the Supreme Court there are no grounds to accept the New Jersey case, US Rep. Frank Pallone (D-New Jersey) took matters into his own hands.<\/p>\n
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Introduced as the Gaming Accountability and Modernization Act<\/a> (GAME Act), the congressman’s shell bill seeks to amend the federal law and “provide that a person or governmental entity is not subject to civil or criminal liability under federal law for gaming activity that is lawful under state law.”<\/p>\n<\/div>\n“It’s time to recognize that the laws are outdated, and the GAME Act will modernize them by increasing transparency, integrity, and consumer protections,” Pallone said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"
The American Gaming Association (AGA) is leading the lobbying effort in Washington, DC, to repeal the federal ban on sports betting. It continued those endeavors this week by sitting down with the players’ associations representing the Big Four professional sports leagues, the NFL, MLB, NBA, and NHL. The AGA, and its President Geoff Freeman, presented […]<\/p>\n","protected":false},"author":42,"featured_media":52233,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,61,16,1074],"tags":[],"acf":[],"yoast_head":"\n
American Gaming Association Ups Ante to Repeal Sports Betting Ban<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n