https://www.yahoo.com/finance/news/trump-presidency-could-spur-legalized-sports-betting-154406142.html
Trump presidency could spur legalized sports betting
Among many parts of public policy and federal law that may change under President Donald Trump, some in the sports world are wondering if the former casino owner might be particularly inclined to support the legalization of sports betting.
It is an effort that has seen a groundswell in the past few years, arguably reignited thanks to an influential and well-received 2014 op-ed in the New York Times by NBA Commissioner Adam Silver, arguing in favor of changing the law. “Despite legal restrictions, sports betting is widespread,” Silver wrote. “It is a thriving underground business that operates free from regulation or oversight… The laws on sports betting should be changed. Congress should adopt a federal framework that allows states to authorize betting on professional sports, subject to strict regulatory requirements and technological safeguards.”
Trump may be inclined to agree—or at least, those with skin in the game hope so. They believe that his past as a casino owner in Atlantic City, among other things, might make him favorable to a change in gambling law, although he did not overtly address the issue on the campaign trail.
Trump presidency could spur legalized sports betting
Among many parts of public policy and federal law that may change under President Donald Trump, some in the sports world are wondering if the former casino owner might be particularly inclined to support the legalization of sports betting.
It is an effort that has seen a groundswell in the past few years, arguably reignited thanks to an influential and well-received 2014 op-ed in the New York Times by NBA Commissioner Adam Silver, arguing in favor of changing the law. “Despite legal restrictions, sports betting is widespread,” Silver wrote. “It is a thriving underground business that operates free from regulation or oversight… The laws on sports betting should be changed. Congress should adopt a federal framework that allows states to authorize betting on professional sports, subject to strict regulatory requirements and technological safeguards.”
Trump may be inclined to agree—or at least, those with skin in the game hope so. They believe that his past as a casino owner in Atlantic City, among other things, might make him favorable to a change in gambling law, although he did not overtly address the issue on the campaign trail.
