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Tuesday, dec 24
Tag:
American Gaming Association
Sports
NBA, MLB Want Fee If Sports Betting Is Legalized In Connecticut
Sports betting has become a big business in America, and if it becomes legalized in Connecticut, professional sports leagues reportedly want a piece of the billion dollar pie. Last July, Gov. Danell Malloy signed a bill into law that will allow the state to move quickly if a federal sports ban is overturned by the Supreme Court or repealed by Congress, allowing officials to “regulate wagering on sporting events to the extent permitted by state and federal law.” The Professional and Amateur Sports Protection Act of 1992 dissuaded states from legalizing sports betting, but several years ago, …