CAGW Submits Comment Prior to House Hearing on Sports Betting

Today, Citizens Against Government Waste (CAGW) President Tom Schatz issued a statement for the record prior to the House Committee on the Judiciary Subcommittee on Crime, Terrorism, Homeland Security, and Investigations hearing, Post-PASPA: An Examination of Sports Betting in America:

The comments read, in part:

On May 14, 2018, the Supreme Court in Murphy v. NCAA invalidated the Professional and Amateur Sports Protection Act (PASPA), which prohibited most states from legalizing sports betting. PASPA did not apply to Delaware, Montana, Nevada, and Oregon, where sports betting was legal in 1992.

Following the decision in Murphy, the ball is now in the court of state legislatures and should stay there. Congress should not get involved in the sports betting business; PASPA was an anomaly in the history of gambling in America. The federal government does not regulate the gaming market in Atlantic City, Las Vegas, or Oklahoma. States and localities determine the forms of gaming, if any, that will be permitted within their jurisdiction and how they will be regulated, and these matters should remain under their purview.

As legal sports betting starts to take off in America, state policymakers should keep taxes low, avoid the urge to impose ‘integrity fees’ and unnecessary mandates, and work constructively with all stakeholders to tackle the challenges facing this new market.

WANT TO BUILD A FINANCIAL EMPIRE?

Subscribe to the Global Banking & Finance Review Newsletter for FREE
Get Access to Exclusive Reports to Save Time & Money

By using this form you agree with the storage and handling of your data by this website. We Will Not Spam, Rent, or Sell Your Information.
All emails include an unsubscribe link. You may opt-out at any time. See our privacy policy.

These matters must be handled at the state level. To create a one-size-fits-all approach to sports betting from Washington, D.C. would offend the principle of federalism and squelch the new marketplace.

Citizens Against Government Waste is the nation’s largest nonpartisan, nonprofit organization dedicated to eliminating waste, fraud, abuse, and mismanagement in government.