US Federal Oversight and Regulation of Sports Betting Possible

A pair of U.S. senators from opposing parties is proposing a Federal oversight of sports betting in order to take back control of the activity in America. This is the first formal move by Congress after a Supreme Court ruling reopened a complex debate over fans betting on games and who controls the action.

Several states have begun offering sports betting after New Jersey won a long-fought challenge in May, and many others are expected to take up the issue during new legislative sessions in 2019 as a way to generate millions in revenue.

The federal bill introduced Wednesday by Sen. Charles Schumer, a New York Democrat, and Republican Sen. Orrin Hatch of Utah would have the U.S. Justice Department set minimum standards for states to offer sports betting. It does not explicitly provide the sports leagues the cut of gambling revenue they have been seeking, so-called “integrity fees,” but does not prohibit them, either.

More on the Federal oversight of sports betting at AP News