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Expert Analysis

A Look At The Senate's Bipartisan Sports Betting Bill

By Reid Schar, Wade Thomson, David Sussman and E.K. McWilliams (January 2, 2019, 2:22 PM EST) -- On Dec. 19, 2018, Sens. Orrin Hatch, R-Utah, and Chuck Schumer, D-N.Y., introduced bipartisan federal sports betting legislation in the Senate.  The Sports Wagering Market Integrity Act of 2018 would create uniform federal standards for the legalized sports betting market. The Sports Wagering Act, however, would not change the fact that sports betting outlets must continue to follow other federal statutes including the anti-money laundering provisions of the federal Bank Secrecy Act....

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