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US Senators introduce sports betting legislation with federal oversight

21st December 2018 5:13 am GMT

Two US Senators have introduced legislation to "preserve the integrity of sporting events" through federal oversight of sports betting.

Senator Orrin Hatch (R-UT) and Senate Minority Leader Chuck Schumer (D-NY) have introduced the Sports Wagering Market Integrity Act of 2018, which would put in place safety measures to protect consumers, preserve the integrity of sporting events, and ensure the propriety of the sports wagering market.

The bill begins by prohibiting the acceptance of sports bets, with exceptions [...]

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