Miller emphasizes legal market safeguards in Judiciary Committee testimony
American Gaming Association (AGA) President and CEO Bill Miller testified before the U.S. Senate Judiciary Committee on Wed 22, on how the legal, regulated sports betting market ensures game and wager integrity, protects collegiate and professional athletes, and helps detect suspicious wagering and unlawful activity.
“The protection of the integrity of competition is central to the interests of the entire sports betting ecosystem,” testified Miller. “The federal prohibition on sports betting was a failed endeavour that we shouldn’t replicate. Instead, we should work together to further eliminate the pervasive illegal market and support experienced regulators whose oversight protects the interests and integrity of all involved.”
In his testimony, Miller reiterated that the only way to protect athletes and competition from corruption is through continued legalization. “Nobody has a greater vested interest in avoiding scandal than legal gaming operators. In fact, licensed sportsbooks in Nevada have historically been the first to uncover match fixing, identifying irregular betting patterns and alerting regulators,” he said.
Miller encouraged Congress to consider increasing the maximum federal penalty for match-fixing and repeal the federal excise tax on sports wagers, which puts legal sportsbooks at a competitive disadvantage.
According to AGA research, 74 percent of American sports bettors say it is important to only bet through legal providers. Since the Supreme Court declared the Professional and Amateur Sports Protection Act unconstitutional in May 2018, 22 states and the District of Columbia have authorized sports betting.
The American Gaming Association is the premier national trade group representing the $261 billion U.S. casino industry, which supports 1.8 million jobs nationwide. AGA members include commercial and tribal casino operators, gaming suppliers, and other entities affiliated with the gaming industry. It is the mission of the AGA to achieve sound policies and regulations consistent with casino gaming’s modern appeal and vast economic contributions.