NBA commissioner Adam Silvers calls for federal change to the law to allow sports gambling. What IÂ find interesting is that all the rules that he states that the Federal Government should be required by any state legalizing sports gambling, would be ALL the things that NJÂ would and does require.
These are the propose federal requirements that Silvers is calling for…
- mandatory monitoring and reporting of unusual betting-line movements
- a licensing protocol to ensure betting operators are legitimate
- minimum-age verification measures
- geo-blocking technology to ensure betting is available only where it is legal
- mechanisms to identify and exclude people with gambling problems
- education about responsible gaming.
I have a feeling he thinks that New Jersey is going to win its court battle by stating that we are NOT going to regulate sports gambling. It is the only explanation I can think of that would make him list all the requirements he feels a new Federal Law should require for states to offer sports gambling.
See with NJ taking a hands off approach to sports gambling, which the courts previously claimed we can do, New Jersey is essentially leaving the it up to the casinos to regulate themselves. New Jersey would take a hands off approach to sports gambling. Â Now before anyone says that is the worse thing to do – leaving it up to the casinos – it is FAR better than leaving it up to rogue bookies and international sports gambling sites that are currently operating completely outside of NJ law.