In a continued push to end the federal ban on sports betting, the American Gaming Association announced the forming of a diverse coalition that will aim to get the Professional and Amateur Sports Protection Act repealed.
AGA president Geoff Freeman appeared Sunday on the VSiN show “The Green Zone” to talk about the launch of the American Sports Betting Coalition.
“We are partnering with local and state elected officials, law enforcement and other diverse interests to tell Washington to get out of the way,” Freeman said. “Regulated sports betting is what fans want and sports integrity demands.”
Freeman said PASPA — the 1992 ban prohibiting sports wagering outside of Nevada — is a “failed” law that needs to be addressed in Congress this year.
The ASBC will lead a campaign focused on ending PASPA. The coalition brings together law enforcement officials, states rights' advocates, policymakers and industry leaders — all of whom believe that it’s time to legalize and regulate sports betting in America. Ending PASPA would allow states to decide if they want to have sports betting or not.
Seven states have introduced sports betting bills in 2017 despite the federal prohibition: Pennsylvania, Michigan, South Carolina, New York, Maryland, West Virginia and Connecticut.
Freeman said the AGA has met with players' union executives from the NFL, NBA, MLB and NHL to discuss the impact of the potential of legal sports betting.
According to research by Oxford Economics, legalizing sports betting in the United States would curb a conservatively estimated $150 billion illegal market while supporting up to 152,000 jobs, creating an estimated $26 billion in economic output and generating up to $5 billion in tax revenue.