The Commissioner of the National Basketball Association is asking Congress to legalize sports betting.\u00a0 Commissioner Adam Silver\u2019s call to legalize sports betting faces a difficult path forward in Congress, where previous\u00a0attempts to expand gambling allowances have stalled in recent years.
\nLegalizing sports betting would only feed the \u201cobsessive compulsive\u201d behavior of some fans, Rep. Glenn Thompson (R-Penn.) said Friday.\u00a0 \u201cI don\u2019t think ever expanding gambling is a good thing,\u201d said Thompson, who was a high school wrestler.\u00a0 \u201cYou see ruined lives and ruined families.\u201d<\/p>\n
Rep. Phil Roe (R-Tenn.) expressed similar concerns about any effort to legalize sports gambling. While Roe doesn\u2019t have a problem with a \u201clittle friendly bet,\u201d he said organized gambling \u201cis just encouraging bad behavior.”<\/p>\n
But Silver and gambling proponents say regulating sports betting would shed some light on an estimated $400 billion in illegal sports bets placed each year.\u00a0 “There is an obvious appetite among sports fans for a safe and legal way to wager on professional sporting events,\u201d\u00a0Silver wrote.<\/p>\n
But some hiighly placed people in the professional sports world point out that the result may be fans cheering for a spread and not their team.<\/p>\n
Along with the NBA, the NFL, and other professional sports leagues have traditionally opposed sports gambling.\u00a0 Silver argues that regulating gambling could ensure bets are monitored to prevent games from being fixed and require bookies to be licensed so they don\u2019t scam gamblers.<\/p>\n
The current illegal sports gambling business in the US\u00a0 is estimated at $400 billion a year.\u00a0 Despite legal restrictions, sports betting is widespread,\u00a0 It is a thriving underground business that operates free from regulation or oversight.<\/p>\n
The American Gaming Association, which represents the casino industry, quickly jumped into the mix, pledging to work with the NBA on regulations the group says could help thwart illegal gambling.<\/p>\n
Still, Republicans have proven to be a tough sell in recent years, attacking efforts to expand online gambling.\u00a0 Sen. Lindsey Graham (R-S.C.) and Rep. Jason Chaffetz (R-Utah) introduced legislation in March to ban most forms of online gambling.<\/p>\n
Their bill would rollback a decision by the Department of Justice in 2011 to allow online gambling, except sports betting, which is still banned. Graham, along with Sens. Kelly Ayotte (R-N.H.) and Dianne Feinstein (D-Calif.), wrote a letter to the Justice Department in July asking the agency to reinstate the online gambling ban.<\/p>\n
\u201cWe must act before we find virtual casinos making gambling pervasive in our society, invading living rooms, bedrooms, and dorm rooms across the country; a result we know the DOJ does not want to see,\u201d they wrote.<\/p>\n
Efforts to expand legalized gambling have gained more traction in the states, where both Democratic and Republican governors have shown support for initiatives that represent a potential boon in tax revenue.<\/p>\n
The Commissioner of the National Basketball Association is asking Congress to legalize sports betting.\u00a0 Commissioner Adam Silver\u2019s call to legalize sports betting faces a difficult path forward in Congress, where previous\u00a0attempts to expand gambling allowances have stalled in recent years. … Continue reading ![\"Sports](\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/11\/Sports-Gambling-in-the-US-300x202.jpg\")
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