New Jersey argues anti-commandeering interpretations of the Tenth Amendment make PASPA unconstitutional, as it mandates certain states to oblige to rules others are exempt.<\/strong><\/p>\nThe American Gaming Association (AGA) estimates that $150 billion is wagered illegally on sports each year in the US. Casinos, and state governments strapped for tax revenue, want in on that game, but so do numerous other interests.<\/p>\n
Complicated Legal Mess<\/b><\/h2>\n
Repealing or amending PASPA to allow states that wish to allow sports betting to take place sounds like a simple and easy way to generate new gaming taxes, and regulate an otherwise offshore and underground industry that is rampant.<\/p>\n
But casinos, the leagues, and state lawmakers aren’t the only ones seeking revenue from sports betting. Just last month, the players’ unions representing the Big Four issued a statement demanding a seat at the sports betting table.<\/p>\n
With the West Virginia sports betting rumors that universities could also receive a cut of the wagers placed on their athletics, the complexity of regulating sports gambling state-by-state only deepens.<\/p>\n","protected":false},"excerpt":{"rendered":"
The West Virginia sports betting bill that passed into law without Governor Jim Justice’s (D) signature in March might soon be amended to include a provision that will set aside so-called “integrity fees” for the state’s public universities. On Wednesday, various representatives including those from the West Virginia Lottery, Big Four professional sports leagues (NFL, […]<\/p>\n","protected":false},"author":42,"featured_media":77534,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,61,16,1074],"tags":[],"acf":[],"yoast_head":"\n
West Virginia Sports Betting Bill Could Earmark Revenue for Universities<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n