Chuck Schumer throws support behind federal betting regulation

Sports betting needs federal regulation or “uncertainty and confusion” will bedevil the United States, according to the Democrats’ top man in the Senate.

On Wednesday, ESPN broke the news that Senate Minority Leader Chuck Schumer (D-NY) had announced his support for federal oversight of sports betting regulations, echoing a similar call on the Senate floor by Sen. Orrin Hatch (R-UT) last week.

Schumer’s statement ticked off the now-standard alleged pitfalls of widespread legal betting, including questions of game integrity, consumer protection and keeping addicted gamblers and young ‘uns under the age of 21 away from this tempting but poisoned chalice being offered to the US public. (That said, any 18-year-olds interested in shooting people outside US borders, see your local recruiting office today!)

While Schumer (he’s Leo to Hatch’s Kate in that pic) made no mention of the dreaded ‘integrity fees’ that the leagues have so far failed to incorporate into any state-level betting legislation, he supports the mandatory use of league-supplied game data to govern betting markets, which could represent a not-insignificant sum going the leagues’ way. Schumer also believes leagues should be able to dictate what type of bets can be offered on their sports.