US senators sneak in bid for federal oversight on sports betting

Senators Chuck Schumer (D-NY) and Orrin Hatch (R-UT) were reportedly pushing the Sports Wagering Market Integrity Act of 2018 in the last days of the current congressional session. The bill wants to give the federal government the power to approve state-level betting legislation to ensure it complies with a set of standards. However, with legislators heading home for Christmas, it is highly likely that the bill will have to wait out until the next session.
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20th December 2018
CalvinAyre Newsletter
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US senate grinches deliver federal sports betting oversight bill
The nightmare before Christmas

The Story

Senators Chuck Schumer (D-NY) and Orrin Hatch (R-UT) were reportedly pushing the Sports Wagering Market Integrity Act of 2018 in the last days of the current congressional session. The bill wants to give the federal government the power to approve state-level betting legislation to ensure it complies with a set of standards. However, with legislators heading home for Christmas, it is highly likely that the bill will have to wait out until the next session.

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SHOUT OUT
Congratulations to Lars Johansson for being appointed as the Chief Financial Officer of NetEnt! Johansson has held the position as interim CFO since September 3, 2018 and has more than 30 years of experience from numerous management positions.
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