Sports betting legislation “fever” has officially struck the iGaming industry, as the United States Supreme Court ruled in favor of statewide sports betting interests Monday by striking down PASPA prohibitions that have been in place since 1992.
Just moments after the SCOTUS decision to overturn statewide sports betting restrictions and allow states to regulate the popular activity at their own discretion, U.S. Senator Orrin Hatch (R-Utah) announced plans to introduce a federal sports betting bill.
Legal Sports Report analyst Eric Ramsey informed readers Monday afternoon that Hatch’s proposal would “provide superseding regulations” over statewide legislative measures that the congressman fears will result in a “patchwork race to the regulatory bottom.”
Ironically, online poker and casino enthusiasts have experience with such statewide laws in the U.S., which have indeed created certain challenges while at the same time providing licensed internet gambling services to only a very small percentage of U.S. adults. However, there was no indication Monday that Senator Hatch’s proposal would encompass any other iGaming verticals besides sports betting.
SCOTUS Ruling is “Critical Step,” but Stakeholder Issues Persist
Geolocation service provider GeoComply hosted an impromptu phone-in webcast that was attended by some of the biggest names in the soon-to-be regulated U.S. sports betting industry, including Eilers & Krejcik Gaming analyst Chris Grove.
Upon being asked to provide his reaction to Monday’s SCOTUS decision along with his views on what it means for the iGaming industry, Grove replied, “To me, the two big questions going forward are:
(1) Are gambling stakeholders and the professional sports leagues going to be able to get on the same page legislatively when it comes to sports betting? and,
(2) Are tribal gaming interests by-and-large going to be able to find a path to comfort with not just land-based sports betting, but also online sports betting?”
The full one-hour conference is embedded below. Our readers can listen to Grove’s analysis starting at the 8:00 mark.
The iGaming industry stakeholder consultant’s concerns point in the direction of continued friction between commercial, tribal and league interests on the sensitive topic of sports betting legislation.
Sports Betting Legislation Fever Hits Twitter
Poker fans who complain about “cryptocurrency news” drowning out their social media feeds may have a new trend to “mute.” Sports betting legislation fever appeared to eclipse its mercurial threshold Monday as the news spread like wildfire across Twitter.
Even 14-time World Series of Poker bracelet winner and Poker Night in America’s inaugural King of The Hill Phil Hellmuth struck up a sports betting legislation convo with his social media followers… although the Poker Brat‘s observations were quickly called on the carpet by iGaming analyst Steve Ruddock.
Every Major sport (NBA, NFL, MLB) is behind the legalization of sports betting, and all of them will profit by it. But how can Sports Betting online be legalized w/out online poker being legalized (clearly more skill than sports betting)? The time is NOW to legalize online poker!
— phil_hellmuth (@phil_hellmuth) May 14, 2018
— Steve Ruddock (@SteveRuddock) May 14, 2018
Last year’s WSOP High Roller for One Drop champion Doug Polk informed his followers that the SCOTUS ruling represents a “massive win for legal sports.” Polk will be competing in the 2018 Super High Roller Bowl alongside other high stakes players starting May 27th.
This was a massive win for legal sports betting in the United States https://t.co/0xr5JWRpsO
— Doug Polk (@DougPolkPoker) May 14, 2018
Meanwhile, PocketFives co-founder Adam Small requested that the United States Congress should go ahead and “fix everything else” while they perform the task of debating sports betting legislation.
In statement, NFL says it plans to call on Congress to enact a framework for legalized sports betting.
— David Payne Purdum (@DavidPurdum) May 14, 2018
I call on Congress, also, to fix everything else https://t.co/eVGgOHnowu
— Adam Small (@AdamLoebSmall) May 14, 2018
Sports Betting Industry Reps Take a “Sick Night”
The fever related to sports betting legislation subsided around 11:00pm Eastern Time Monday, as Twitter activity on the topic temporarily subsided.
Nonetheless, it is doubtful that many iGaming industry representatives are sleeping off the sports betting legislation fever — as it is generally assumed that many are in a celebratory mood this Monday evening.
Part Time Poker will continue to provide news on sports betting legislative measures as they are introduced, whether that be on a national or statewide level.
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