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It's About Betting

The Interactive Media Entertainment & Gaming Association (iMEGA) has launched a new case into the courts and this time it’s pretty specifically against the Professional Amateur Sports Protection Act of 1991. The PASPA is a piece of older legislation that was designed to stop all but four US states from offering a regulated and licensed form of sports wagering. The four states with carve-outs in the legislation include Delaware, Montana, Nevada, and Oregon; these four states have able to offer legalized sports wagering to the state market for more than 15 years whereas other states are under Federal mandate to not offer this form of wagering. Now that the online casinos are coming into the picture, iMEGA is looking to clear the path in the rest of the US states toward a more open US market.

The situation is really all about betting, other states are suffering fiscal budget deficits and are seeking out creative ways to bring in more revenue into the state. There are two key Republicans who are adamant that neither online casinos nor online sports betting are the solutions to the problem. Senators Orrin Hatch and Jon Kyl have submitted a letter to the US Attorney General voicing their concern that the legislation ought to stay in place as is. These two senators actively oppose any expansion to the US online casino, betting and poker gambling industries and this case is no different.

But iMEGA has a strong case and some of the states that already have the carve-outs plan to reinvigorate their land and online casino sports betting industries in the coming months as a way to infuse more cash into the State budget. iMEGA seeks to repeal the PASPA so that other US states will have the same opportunity.