{"id":1595380,"date":"2024-09-20T08:35:19","date_gmt":"2024-09-20T12:35:19","guid":{"rendered":"https:\/\/www.sportscasting.com\/?p=1595380"},"modified":"2024-09-20T08:35:19","modified_gmt":"2024-09-20T12:35:19","slug":"why-are-gaming-stakeholders-opposed-to-a-federal-regulation-for-sports-betting","status":"publish","type":"post","link":"https:\/\/www.sportscasting.com\/news\/why-are-gaming-stakeholders-opposed-to-a-federal-regulation-for-sports-betting\/","title":{"rendered":"Why are gaming stakeholders opposed to a federal regulation for sports betting?"},"content":{"rendered":"
On Thursday, current and former stakeholders in the sports betting industry met to discuss the opposition to federal regulation. Their stance has not waivered because they are against the regulatory expansion being forced upon them. Possibly the most expansive legislation for sports betting since the Supreme Court\u2019s ruling in 2018.\u00a0<\/span><\/p>\n David Rebuck, the former long-time director of the New Jersey Division of Gaming Enforcement, spoke at the webinar on Thursday. Mr. Rebuck denounced this proposed legislation and the federal government\u2019s role in gambling as a whole.\u00a0<\/span><\/p>\n He noted that this new legislation would replace decades of experience in states like Nevada, Not to mention the growing number of sports bettors that join the market each year. Rebuck believes it’s arrogant for the federal government to say they have more knowledge about sports betting. In reality, it\u2019s the state operators who see the change from month to month and have a greater understanding of what federal regulation should look like.<\/span><\/p>\nThe federal bill for sports betting regulation has received major backlash <\/b><\/h2>\n