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99 Percent Of Superbowl Sportsbets are ILLEGAL
2/4/10 - In an op-ed piece that appeared in the Washington publication Roll Call, Representative Jim McDermott this week reinforced calls for a more pragmatic approach to sports betting by Congress.
In his article titled “All Bets Are Not Off on Super Bowl Sunday" McDermott highlights how an expected "...99 percent of wagers on the Super Bowl will be placed illegally online or through a bookmaker, where consumers have no legal protections and are left vulnerable to exploitation." Bet on the Superbowl Now.
The proliferation of illegal betting reinforces how government efforts to prohibit online gambling have failed, which, Rep. McDermott argues, should encourage Congress to adopt a more sensible policy approach.
The Internet Gambling Regulation, Consumer Protection and Enforcement Act (H.R. 2267), legislation introduced by Financial Services Committee Chairman Barney Frank and supported by Rep. McDermott, would regulate Internet gambling activity and require licensed operators to put in place systems to protect consumers and collect applicable fees on the activity.
Though Chairman Frank's legislation would not allow online wagers on sports, McDermott states that the legislation's passage "could open the door to allowing this activity in the future." Frank’s measure has already attracted the support of 65 politicians.A Joint Committee on Taxation analysis found that the U.S. could receive up to $41 billion in federal revenue over the next decade if Internet gambling is regulated as proposed.
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US$30M DUBAI WORLD CUP -
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The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
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The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
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