Thursday, December 8, 2022

Tag: Frank Pallone

Bill to lift federal sports betting ban unveiled

BBi - Bill sports betting
In a bid to modernise America’s gaming laws, draft legislation has been introduced to congress that could a pave the way for for state-by-state regulation of sports, esports and fantasy sports betting.   A congressional committee unveiled draft legislation this month that would repeal the federal prohibition on sports betting - both online and offline - thus leaving the matter to...

Congress DFS debate could open doors for US sports betting

Frank Pallone DFS Debate
While the congressional hearing on DFS was hampered by the lack of participation by leading players in the industry it offered a faint glimmer of hope for the legalisation of sports betting at a national level. Seven months after DraftKings and FanDuel were originally caught up in insider trading allegations, the US Congress has finally shone a spotlight on the...