The Professional and Amateur Sports Protection Act (PASPA) also known as the Bradley Act, has aided US gamblers to partake in sports gambling without fear. Despite the work done by PAPSA, the state of Nevada has confiscated over $4.2 billion in sports wagers last year alone. That is according to a New York Times has reported. The report also states that a further $400 billion is stolen from the offshore operations.
The US government is still being put under pressure by the major leagues to scrap gambling altogether. These leagues, including the NFL, argues that problems of match-fixing are far from over as long as gambling still exists.
While the fight looks to be at its peak, it is far from over. Other US states including Delaware, Oregon and Montana have legalised a few gambling activities. Also, NBA Commissioner Adam Silver is of the opinion that if you cannot beat them, then join. “Congress should adopt a federal framework that allows states to authorise betting on professional sports, subject to strict regulatory requirements and technological safeguards.” Silver quoted by the New York Times.
Sports Gambling is a Favoured Pass Time
Many bookmakers argue that traditional sports betting is what adds the flavour to the league as supporters don’t only have to argue about which team do they think is the best but they can also put their money where their mouths are. Meanwhile, other leagues seem to be softening to the idea of gambling. State-led efforts and the struggles to contain illegal gambling are all playing a significant role in putting pressure on sports gambling’s legalisation. One would expect the league to be at the forefront in the fight. This is because the damages, if any, would bring the league into disrepute.
The biggest fear is that whether the states decide to pass sports betting or not. The federal government is not moving to its position of rooting out corruption. Any solid argument against the idea could see to the Bureau ban it altogether. This is despite the proponents of betting that argue wagering on sports will never stop happening illegally because it has been there for centuries and legitimising it would merely bring it to the light of day thus eliminating corruption.