House Hearing on Sports Betting to Be Held This Month
The U.S. federal government, perhaps at the urging of sports leagues, is determined to oversee legalized sports betting as opposed to allowing states to do so it seems.
Sportsbook Signup Bonus Offer
Maximum bonus up to $1000 with a low rollover requirement. Based on how much you fund your account.
---------------------------------
David Payne Purdum of ESPN.com confirmed Friday morning via Twitter:
Multiple sources now confirming, a House Judiciary subcommittee is expected to hold a hearing on sports betting at 10 a.m., Thursday, Sept. 27. Hearing has not been put on official calendar yet and postponements happen frequently.
The American Gaming Association on Thursday released a letter urging Senate Minority Leader Chuck Schumer to allow states to do their thing.
Part of the federal proposition on developing a legal framework includes controversial "integrity fees" that benefits the leagues and are essentially "a royalty or a percentage of wagers to leagues — paid by sportsbooks and casinos — for bets place on their games."
- Aaron Goldstein, Gambling911.com
