Major Highlights of the Congressional Sports Betting Hearing
Last Thursday, a congressional hearing dubbed as a Post-PASPA: An Examination of Sports Betting in America was held to ascertain whether there is a need for federal oversight. As it stands, the current regulations only require oversight from individual states. This hearing is the first of its kind since the United States Supreme Court repealed PASPA and lifted the federal ban on sports betting, a move that allowed individual states to have the power to decide whether or not they would like to offer legal, regulated sports betting. Just like many other hearings, a bit of fiasco was witnessed...
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