The Week In Sports Betting: All Eyes On A Different Congressional Hearing

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hacheman@therx.com
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The Week In Sports Betting: All Eyes On A Different Congressional Hearing
Eric Ramsey, Sep 28, 2018


It’s been an exhausting week of news, both for topics related to sports betting and for issues much more fundamental to the future of the United States.


All eyes were fixed on the nation’s capital, ours included. For the first time after the US Supreme Court decision in May, sports betting was the subject of a federal hearing.

We’ll begin in the … (*takes deep breath*) … United States House of Representatives Subcommittee on Crime, Terrorism, Homeland Security, and Investigation.

Add sports betting to the list of things they might eventually deal with, apparently?

Congressional subcommittee “explores” sports betting

Thursday’s hearing looked at sports betting at the very surface level, at least.
Members of Congress fielded testimony from two advocates of state-level regulation, two opponents of gambling expansion in general, and the NFL, more-or-less representing the stance of the professional sports leagues. It was a cursory discussion lasting less than 90 minutes.

Opponent Les Bernal was easily the most entertaining character in the show. The veins in his forehead struggled mightily as he cited the dangers of gambling, calling states “laboratories of fraud.” It’s a truly beautiful phrase, but he didn’t provide any facts to support it.

It was also amusing to see the NFL testify that it did not seek sweeping changes at the federal level … and then ask for a bunch of sweeping changes at the federal level.

Frighteningly, Chairman Jim Sensenbrenner walked away feeling that everyone in the room agreed on the need for Congress to intervene. It’s a strange way to summarize the testimony we watched, but it wasn’t the worst take of the morning. Not by a long shot.
Read back through the live blog for more quotes and context. If that’s too laborious, read these five highlights instead.

News from states

The federal hearing took up enough of the spotlight this week to make headlines at the state level a little thin. There wasn’t even much New Jersey sports betting news apart from the iOS launch of the William Hill app.

Elsewhere, though:




Takes and tidbits

If you watched that Congressional hearing, you’ve probably had your fill of takes both hot and cold this week. We skimmed a couple of sports betting tidbits that are worth a special mention, though.


  • Hands off: Prior to that Congressional hearing, two US lawmakers urged their colleagues to keep their hands off sports betting. Dina Titus (Nevada) and Tom MacArthur (NJ) aired their concerns in a letter to the subcommittee.
  • Who ya gonna call?: The NFL is apparently worried about people being tricked into betting on fake events. Its written testimony included a spooky mention of “ghost games” as justification for a federal mandate regarding official league data.
  • Take heed: Stakeholders are slowly working to address illegal sports betting websites. This week, FanDuel Sportsbook issued a warning to its partners who may be tempted to promote offshore gambling companies.
  • Lessons learned: States could stand to learn a few lessons from the early growing pains elsewhere. The FanDuel incident, in particular, underscores the need for clear regulations and diligent training.
  • That’s nice, but…: Speaking of that incident, Steve Ruddock argues that FanDuel Sportsbook was under no legal obligation to pay out the full value of those errant NFL tickets. That’s what rules and regulations seem to say, at least.
  • Fore!: Some really smart people think sports betting will have a profound effect on the popularity of golf. Probably not as much as Tiger Woods winning another few majors, but it will no doubt move the needle. Incidentally, you can bet on every shot in the Ryder Cup in New Jersey this week.

 

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I'm confused? I thought each State was going to regulate their own Sportsbooks?

If there is any FRAUD we need to look no further than Washington!

Maybe this Les Bernal
will explain a "Gag" order lifted on pharmacies this past week allowing Pharmacies now to inform the PUBLIC the Cash price of a drug vs. their Insurance price when prior to this "Gag" order being lifted Pharmacy's were not allowed to say anything, according to the "LAW" that was voted on?


Put some more light on/explain how the Federal Government is still involved in Sports-Betting.....Thanks

I was just looking forward to Wednesday when in Pa. a launch date is going to announced at Parx Casino, now this? Please don't let this become a nightmare
 

hacheman@therx.com
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I'm confused? I thought each State was going to regulate their own Sportsbooks?

If there is any FRAUD we need to look no further than Washington!

Maybe this Les Bernal
will explain a "Gag" order lifted on pharmacies this past week allowing Pharmacies now to inform the PUBLIC the Cash price of a drug vs. their Insurance price when prior to this "Gag" order being lifted Pharmacy's were not allowed to say anything, according to the "LAW" that was voted on?


Put some more light on/explain how the Federal Government is still involved in Sports-Betting.....Thanks

I was just looking forward to Wednesday when in Pa. a launch date is going to announced at Parx Casino, now this? Please don't let this become a nightmare



They are & were.

But the Leagues, mainly the NFL & NCAA can't stand the fact that they lost, and keep whining, making up reasons why it needs regulated.

Congress needs to tell them to take a hike & that they have no say in the matter, just like the Supreme Court did.
 

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Now I see I think...….. Federally regulated not State is what the leagues are looking for? I thought this was decided on when SCOTUS ruled in the player's favor and said EACH State..... They just need to call the BAS in.... popcorn-eatinggif

Wow.... Sportsbetting is alive and running in a few States and now betting seems to be starting to go back to overturning what was ruled earlier.

Follow the Money
 

hacheman@therx.com
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Yes Federal Regulation over all.

They want to force states to use their official league data to use in grading wagers.

Money grab.
 

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