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AGA strongly believes no additional federal engagement is needed at this time based on the significant, effective regulatory oversight already in place, the lobbying group explained. Across the country, more than 4,000 dedicated public servants effectively regulate the commercial and tribal casino industry, including sports wagering. Replacing an already proven regulatory regime with a non-existent and untested federal oversight apparatus would be out of step with 7 in 10 Americans who think this decision should be left to each state and tribe. Part of Schumers pitch included letting the sports leagues have unprecedented control over legal betting. The leagues would be able to tell sports books what types of bets are allowed. [A] few major sport leagues have proposed they be able to restrict, at their sole discretion, the types of bets allowed on their games, the AGA said. This suggestion was made based on the leagues concerns that certain types of bets could be more susceptible to manipulation in the betting market.
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