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Senate Minority Leader Chuck Schumer suggests federal framework for sports betting

Senate Minority Leader Chuck Schumer suggests federal framework for sports betting

Senate Minority Leader Chuck Schumer (D-N.Y.) became the latest member of Congress to put forth specific suggestions for a federal framework for sports betting Wednesday in a memo first provided to ESPN.

Schumer’s suggestions include the idea that all sportsbooks only use official league data to determine outcomes and that the sports leagues themselves should be involved in determining what bets would be accepted.cheap nfl jerseys free shipping paypal

Schumer also puts forth more obvious suggestions, such as making it illegal for anyone under 21 to place a sports bet in any state; requiring entities taking bets to responsibly advertise by not targeting youth and to properly disclose dangers of betting; and reporting suspicious activity and sharing information among sportsbooks, the leagues and state regulators that could help uncover anything that compromises the integrity of games.1

Suggesting that legal books would have to use official data could be a huge revenue stream for leagues, but some could also be strongly opposed, reasoning that requiring official data would give the leagues a monopoly and is not integral to the sanctity of a bet.

“As a New York sports fan — especially my Yankees and Giants — and a senator, my priority in the wake of the Murphy v. NCAA decision is making sure the integrity of the games we love is preserved, that young people and those suffering from gambling addiction are not taken advantage of, and that consumers that choose to engage in sports betting are appropriately protected,” Schumer said in a statement. “With the Supreme Court’s ruling, it’s incumbent on the federal government to take a leadership role and provide the necessary guidance to prevent uncertainty and confusion for the leagues, state governments, consumers and fans alike.”cheap nfl jerseys with free shipping

Three states — Delaware, New Jersey and Mississippi — have taken bets since the Murphy v. NCAA, et al. decision, which in May overturned the federal ban on state-sponsored sports betting as a result of the Professional and Amateur Sports Act (PASPA) of 1992. New Jersey, whose fight enabled the overturning of the law, has been the most progressive as the only new state that has offered a mobile product thus far.

Schumer’s suggestions are what the sports leagues have advocated — a national framework so that each state, while they can decide on their own whether they want to take on sports betting, won’t be able to make their own rules.