Sports gambling is the subject of many media reports thanks to the Supreme Court hearing.
The case heard by the US’ that the highest national court is often referred to as”Christie vs. NCAA”, with New Jersey governor Chris Christie looking for the best to legalize sports gambling from the state he represents, arguing that the federal law that prohibits betting on sports — the Professional and Amateur Sports Protection Act of 1992 — is unconstitutional because it interferes with the individual countries’ rights.
Sports betting, and gambling in general, are divisive issues with names on each side of the debate. The company’ competitions usually assert that lawful betting can threaten the integrity of sports the PASPA is supposed to protect, while its supporters point to Europe for example for how the alliance of these regulators and the industry makes the betting business safe, and also the way the PASPA has given birth to a massive underground betting company in the US that functions with no oversight. So, let us dive a bit deeper into the issue and find out how things are different in the US and the European Union.
Europe: supervision and law
Pretty much every form of gaming online and in real life, is regulated within the European Union. Locals can play their favourite games at Royal Vegas casino online or visit one of those numerous land-based gambling venues, gaming stores, and other institutions offering one of the many forms of legal gambling. Sports gambling as a business is at its house in Europe — some of the largest betting groups are either British or Scandinavian, using a few smaller companies coming from Germany and Poland dominating the market.
Sports gambling is regulated with a set of laws and legal. In any case, the largest”players” from the sector have formed groups like EGBA (European Gambling and Betting Association), an industry body based in Bruxelles, Belgium, that functions together with the government to construct a better and broader gambling regulation and also the ESSA (Sports Betting Integrity) that gathers all major sports betting businesses in Europe to protect the integrity of sport. The ESSA includes a two-tier mechanism to do so: a potent internal control system employed by all of its members and an early warning system to detect any dubious betting patterns that can detect money laundering and match-fixing actions before the events bet on take place.