Jump to content

Congresswoman Pours Cold Water On Federal Sports Betting Bill's Prospects

From MetaZoo Wiki


An enthusiastic piece of legislation that aims to place the federal government into of legal sports wagering is currently under fire from its detractors and may face an uphill climb in an already divided Congress.


New York Rep. Paul Tonko and Connecticut Sen. Richard Blumenthal formally introduced the SAFE Bet Act last week, a costs that would put a blanket restriction on sports betting throughout the U.S. unless licensed by the Department of Justice.


The proposed legislation rapidly drew pushback from the video gaming industry and one prominent lawmaker, Nevada Rep. Dina Titus, who stated it was a "misguided method" to try to pre-empt state regulators.


Not so quick, my pal


Titus' district consists of part of Las Vegas, and she co-chairs the Congressional Gaming Caucus in Washington, D.C.


Moreover, regardless of sharing Democratic Party subscription with Tonko and Blumenthal, and in spite of seeing their effort as well-intentioned, Titus is bearish about the sure thing Act's potential customers in the legislature, particularly now, in the middle of the campaign season.


"It's partially a messaging expense," Titus said Thursday during a gaming-focused event hosted by news outlet Semafor. "I do not see it passing, definitely not this session. Probably nothing's going to pass this session, however we do not desire it to get a head of steam moving forward."


Inquired about the sure thing Act sponsored by Rep. Paul Tonko, @repdinatitus informs @eschor:


"I believe that's better to have self-regulation or state guideline, not to have the federal government get included at this level." pic.twitter.com/3xvmgKxewp


Titus sees a "preconception" connected to the gaming market - although it provides jobs and creates tax profits - that makes it a target for legislators. Her preference is to keep the states in control of legal sports wagering in the U.S. and to keep federal meddling to a minimum.


The Tonko-Blumenthal legislation likewise surpasses just restricts on marketing. Among other things, it would set federal standards for various parts of the organization, such as how often a player could transfer with an online sportsbook.


"I don't believe that's the method to approach it," Titus stated of the restrictions. "I certainly support accountable video gaming. The market does. They have actually taken bold actions, returning to the 90s, to regulate themselves, and I believe that's much better, to have self-regulation or state policy, not have the federal government get included at this level."


The comments from Titus suggest the sure thing Act will have its reasonable share of opponents in Congress. While passage was never ever a certainty, what does seem certain is that there will be political pushback in some form.


"What the Supreme Court did explicitly set out in their decision ... was that Congress keeps the right to manage sports betting," Tonko stated recently. "So that's what we're all collected here today to announce, as an effort that we're going to accept."


"It's mind-boggling to me in the conceit of (the feds) stating 'we understand more than you do' without dealing with things together that we have actually currently connected to work on to make things much better for our people in all the states that legalize sports wagering," - Dave Rebuck 9/19


Titus has combated against federal intervention in the video gaming market previously, such as by proposing legislation that would reverse Washington's 0.25% tax on sportsbook handle. She has actually likewise butted heads in the past with Blumenthal over an expense proposing to commit manage tax revenue to problem betting programs.


Titus is not alone in her appointments about the SAFE Bet Act either. In addition to state legislators and regulators who might not desire the federal government peering over their shoulders, the industry was quick to pan the legislation.