Congress to Review Sports Gambling Laws

Congress is set to review federal gambling laws and eventually introduce new legislation with regard to sports betting and daily fantasy gaming.

According to ESPN.com's David Purdum, Congress will look into multiple sports betting statutes, including the Professional and Amateur Sports Protection Act of 1992, which restricts betting on sports in most states.

U.S. Rep. Frank Pallone Jr. from New Jersey provided the following statement regarding the need to review sports gambling laws, per Purdum:

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The laws need a wholesale review to see how they can actually work together and create a fairer playing field for all types of gambling, both online and offline, including sports betting and daily fantasy sports. At the same time, we must ensure the laws are actually creating an environment of integrity and accountability, and include strong consumer protections. I plan to continue discussions with the key stakeholders and then will introduce comprehensive legislation to finally update these outdated laws.

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Nevada is currently the only state in which single games can be bet upon, while Delaware, Oregon and Montana also have legalized forms of sports gambling.

Daily fantasy sports have boomed in popularity over the past few years, but sites such as FanDuel and DraftKings have found themselves in legal battles.

After being outlawed in New York state for several months this year, daily fantasy was legalized and regulated by the state after being signed into law in August.

Daily fantasy sports have never been clearly defined as gambling or otherwise, but new federal legislation could offer a uniform answer for all 50 states.

No timeline has been given for when new legislation will be introduced, but the American Gaming Association plans to lobby for the end of PASPA in 2017, according to Purdum.

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