The Denver Post

Who will referee the billiondol­lar sports betting industry?

- By Wayne Parry Associated Press John Locher,

ATLANTIC CITY, N.J.» Now that the U.S. Supreme Court has cleared the way for states to legalize sports betting, the race is on to see who will referee the multibilli­on-dollar business of gambling on pro and college games.

The NFL, NBA and others want Congress to set uniform, nationwide rules on sports gambling for all states, saying the integrity of athletics is at stake. And an influentia­l Republican on Capitol Hill, Sen. Orrin Hatch of Utah, quickly announced plans to push for such legislatio­n.

But states are already moving quickly to enact their own laws, with some legislator­s wanting fans to be able to place wagers by the time football season starts this fall. And there are serious doubts Congress wants to get involved.

“Sports are played on a national and sometimes internatio­nal stage, crossing state borders and involving residents of numerous municipali­ties,” said Rummy Pandit, a gambling analyst with New Jersey’s Stockton University. “From that standpoint, federal regulation of sports betting makes sense. But the federal government has not historical­ly been involved in the day-to-day regulation and oversight of gaming.”

For years the major sports leagues argued that gambling on games would lead to match-fixing and point-shaving. Many suspect that they are now pushing for federal legislatio­n not for high-minded reasons, but because they see it as the easiest way to get a cut of the proceeds.

If it passed a nationwide bill, Congress could require casinos, tracks or state government­s to share some of their revenue with the sports leagues — or pay them what the leagues like to call “integrity fees,” designed to cover the costs of policing betting.

The leagues have been making headway in negotiatio­ns on integrity fees with individual states, including Kansas, Connecticu­t, Indiana and New York, said Daniel Wallach, a sports law expert from Fort Lauderdale, Fla. The leagues also have come down on their fee demands in several states, lowering them from 1 percent to 0.25 percent, he said.

Wallach said the leagues, in seeking to be paid for sports betting, might also be able to make a compelling court case that they have intellectu­al property rights in the data that is used in wagering.

On the other side of the negotiatin­g table, the gambling industry might want to work out a grand compromise on giving a cut to the sports leagues, rather than “battle it out, state to state to state, winning some, losing some,” Wallach said.

 ??  ??

Newspapers in English

Newspapers from United States