In the United States and the Chief Executive Officer for the American Gaming Association, Bill Miller (pictured), used a special hearing in front of federal legislators yesterday to herald the importance of the nation’s legalized sportsbetting market.
The organization used an official Wednesday press release to detail that its leader used his time before the United States Senate Judiciary Committee to testify on how the legitimate sports wagering industry helps to ensure integrity, detect unlawful activities and protect the veracity of professional and collegiate sports.
The American Gaming Association detailed that 22 states including Colorado, Pennsylvania, Michigan and Indiana have legalized some form of sportsbetting in the wake of the United States Supreme Court’s 2018 ruling that invalidated the previous Professional and Amateur Sports Protection Act (PASPA) prohibition. The trade group furthermore explained that its own research has subsequently found that an impressive 74% of American bettors now believe it is important to avoid illicit providers and place wagers only with legitimate operators.
Read a statement from Miller…
“The protection of the integrity of competition is central to the interests of the entire sportsbetting ecosystem. The federal prohibition on sportsbetting was a failed endeavor that we shouldn’t replicate. Instead, we should work together to further eliminate the pervasive illegal market and support experienced regulators whose oversight protects the interests and integrity of all involved.”
The American Gaming Association pronounced that Miller moreover utilized the event in Washington, DC, to reiterate his belief that the continued legalization of sportsbetting is the best way to protect competitions and their participants from corruption. The enterprise also asserted that its boss urged the lawmakers ‘to consider increasing the maximum federal penalty for match-fixing’ and repeal a federal excise tax that it believes ‘puts legal sportsbooks at a competitive disadvantage’.
Miller’s statement read…
“Nobody has a greater vested interest in avoiding scandal than legal gaming operators. In fact, licensed sportsbooks in Nevada have historically been the first to uncover match-fixing, identifying irregular betting patterns and alerting regulators.”