Betting on Sports in Europe vs. USA

Sports gambling is the subject of many press reports nowadays thanks to the Supreme Court hearing.

The case heard by the US’ that the highest federal court is frequently known as”Christie vs. NCAA”, with New Jersey governor Chris Christie seeking the right to legalize sports gambling from the state he represents, asserting the federal law which prohibits betting on sports — the skilled and Amateur Sports Protection Act of 1992 — is unconstitutional because it interferes with the individual states’ rights.

Sports betting, and gambling in general, are subjects with hefty names on each side of the debate. The business’ competitions usually argue that legal gambling can undermine the integrity of sport the PASPA is supposed to protect, while its supporters point to Europe for example for how the alliance of the regulators and the industry makes the gambling business safe, and how the PASPA has given birth to a massive underground betting business in the US that functions with no oversight. Let us and find out just how things are different in america and the European Union.

Europe: law and oversight

Pretty much every form of gaming online and in real life, is regulated within the European Union. Locals can play with their favourite games at Royal Vegas casino online or visit one of the numerous land-based gambling venues, gaming stores, and other establishments that offer one of many forms of lawful gambling. Sports betting as a company reaches its home in Europe — some of the biggest betting groups are either British or Scandinavian, with a few smaller businesses coming from Germany and Poland dominating the market.

Sports betting is regulated having a solid set of laws and legal. Besides, the biggest”players” from the industry have formed groups like EGBA (European Gambling and Betting Association), an industry body based in Bruxelles, Belgium, which works together with the authorities to build a better and more comprehensive 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 has a two-tier mechanism to do so: a potent internal control system employed by all its members and an early warning system to detect any dubious betting patterns that may detect money laundering and match-fixing actions prior to the events wager on take place.

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