With PASPA now gone, many states around the country have chosen to legalize and regulate the sports betting industry. It’s proving to be massively successful for these states, many of which are earning millions of dollars a month from their sports betting markets. Several lawmakers are now calling for sports gambling to become federally legal.
It’s an extremely exciting time for sports fans around the country. Let’s take a quick look at who’s calling for federal sports betting legalization, and how this would affect the country’s gambling industry.
More States Continue to Regulate Sports Betting
In case you’re unaware, the US Supreme Court struck down PASPA in May of 2018. Before this happened, only Nevada was legally allowed to offer sports betting odds. With PASPA gone, every state can set its laws on the sports gambling industry.
13 states now have active sports gambling platforms up and running. Six other states have approved bills to legalize sports gambling and will begin offering betting platforms over the next few months. Many feel that in time, every state will regulate this industry.
Several states are already profiting massively from their legal sports betting markets. New Jersey, for example, offers both land-based and online wagering options. Each month, the state of New Jersey earns millions of dollars in sports gambling revenue.
Many lawmakers across the country now realize how lucrative this industry is. This week, several powerful politicians have begun calling for US sports gambling to become federally legalized. This is now beginning to look like a real possibility.
Senators Pushing for the Federal Legalization of Sports Gambling
Not long after PASPA was struck down, gambling advocates began pushing for the federal legalization of sports betting. In December of 2018, Senator Orrin Hatch presented a bill that would make sports gambling legal across the country. Unfortunately, the bill was not approved.
Many states with strict gambling laws claim sports betting legalization would go against their state constitutions. For a time, it looked like a country-wide sports betting industry seemed impossible. This is now begging the change.
Several major sports leagues including the NCAA are now supporting the move to make US sports gambling federally legal. Additionally, Senators Chuck Schumer and Mitt Romney have begun supporting this move. Naima Stevenson Starks, vice-president of the NCAA, believes it would help protect the integrity of sports. She spoke to the media this week about her desire to see a universal set of laws on the industry.
“We are absolutely supportive of federal regulation,” she said. “It’s fairly daunting to think that every state would have a different set of regulations. Having some minimum standards, we are very supportive of and have been an active proponent of.”
Many gambling supporters feel the same way. Sports gambling laws change from state to state. With a national set of laws on the industry, it would be much easier for states to regulate and earn money from this popular form of gambling.
Several States Remain Hesitant to Embrace Sports Betting
The sports betting industry is growing extremely quickly around the country. Even states with harsh gambling laws such as North Carolina and Georgia are interested in launching sportsbooks. A few states, however, remain hesitant to allow sports gambling.
Today, only six states have chosen not to present any bills that would make sports betting legal. Many gambling analysts still feel that in time, this will change. Utah has specific laws that completely ban all forms of gambling and may be the one US state that chooses to stay away from this industry.
Even in states with harsh sports betting laws, there are options to make wagers online. There are some fantastic US online gambling sites available in every single state. Many of these sites offer both casino and sports wagering options. The best ones offer safe payment options and a huge range of amazing odds.
Several senators and major sports leagues are pushing to make US sports gambling federally legal. It seems very likely that within the next few years, this could become a reality.
Make sure to stay tuned for more US gambling news over the next few months!