Gamblers in the United States know that if they want to place a legal sports wager, options are limited. Only a select few areas are allowed to offer sports betting and the majority of sports books are located within the state of Nevada.
Senator John McCain recently stated that he would like to see states that allow legalized gambling to be able to offer sports betting options as well. McCain is calling for Congress to hold hearings to discuss the option of expanding legalized sports betting to additional states.
McCain was quoted in the ReviewJournal as stating that a debate needs to be had on the subject in Congress. The Senator stated that a talk needs to had with the American people and hearings in Congress could be conducted to build a consensus. McCain is in favor of allowing states that have legalized gambling to accept sports betting, allowing Indian tribes that operate casinos to take part as well. Despite his openness to sports betting with casino gaming, McCain is not in favor of online options.
As of right now, only four states are allowed to offer sports betting. Nevada, Montana, Oregon and Delaware were grandfathered in to the 1992 Professional and Amateur Sports Protection Act which allows the states to offer such gambling options. However, with only NFL parlay card betting in the state of Delaware, the state of Nevada has the monopoly when it comes to sports wagering.
Commercial casino gaming or tribal options are available in 40 individual states in the US. With McCain’s thinking, many states would then be allowed to offer sports wagering. According to McCain, sports betting needs to be discussed as billions are being spent illegally in wagers. The American Gaming Association estimates that as much as $3.8 billion is spent in illegal wagers.
Geoff Freeman is the President of the AGA and stated that the current sports gambling laws are not working based on the amount of cash spent on sports betting in the illegal sense. Freeman admits that the AGA is unsure as to what the right solution is but it needs to be figured out. Freeman has stated that he does not believe Congress will act soon but the discussion has begun and that is a good starting point.
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