Effect of a 1% Duty on Sports Wagering
This article was initially distributed at www.gamblingandthelaw.com and shows up here with authorization. © Copyright January 9, 2018. All freedoms held around the world. Betting AND THE LAW® is an enrolled brand name of Prof. I. Nelson Rose. By I. Nelson Rose The U.S. High Court seems, by all accounts, to be going to decide that the government regulation that keeps states from authorizing sports wagering, the Expert and Novice Sports Security Act ("PASPA"), is unlawful. There are basically twelve expresses that seem prepared to institute new regulations to present or extend lawful intra-state betting on games this year, when the High Court choice is reported. This raises, as usual, the topic of who will get the cash. Indiana Rep. Alan Morrison has presented a bill that would give the public games associations 1% of the new games wagering handle, as an "respectability charge." The "sports overseeing bodies," obviously, think this is really smart. In any ca...