World Sports Leagues Looking for Regulation

The World Sports Leagues are upset because there has been a lot of online casino gambling going on as it relates to the sports world. They are finding corruption running rampant in the sports arena and know that something has to be done about it. They want the United States to start regulating online casinos so that they can prevent more problems within the industry.

The leagues are pressuring the US to join forces with them so that regulatory systems can be put into place for the online casino industry. If they do not work at regulating these licensed online casinos, the league says that they may consider shutting the US out of major international competitions.

It is not just the leagues that are calling for the regulation, there are online casinos as well that would like to see regulations put in place so that it is safer for both the gamblers and the players. There is a group that is responsible for watching wagering among the online sites and such as they relate to the Olympics and the World Cup. They recently hosted a sports betting conference in Switzerland to see what could be done about the recent influx of gambling.

It is so bad that the US may be looking at not being able to participate and/or organize any kind of world event. Norbert Teufelberger, CEO of Bwin says that if countries don’t have that “modern, regulated sports betting regime” that they may need to be left out of it.