The Supreme Court decision to overturn the Professional and Amateur Sports Protection Act (PASPA) has prompted a positive response from a number of State Governors, who are already looking into when their states can launch sports betting.
The Global Lottery Monitoring System (GLMS), the state lotteries’ monitoring system to combat sports-related corruption, has signed a memorandum of understanding (MoU) with the Tennis Integrity Unit (TIU).
The UK government has confirmed that the maximum stakes on fixed odds betting stakes (FOBTs) are to be cut from £100 to £2, with this to be accompanied by an increase in taxes paid by iGaming operators.
Match-fixing looms large over the sports betting industry and solutions to tackle betting-related corruption are more important than ever, particularly in light of this week's US Supreme Court decision against the country's general sports betting prohibition.
The governing bodies of US professional and collegiate sports have called for a focus on integrity controls and urged Congress to develop a federal framework for sports betting regulation following yesterday's ruling by the Supreme Court.