ESIC Supports Supreme Court Paspa Decision
The Esports Integrity Coalition released a statement on Tuesday following the federal change in sports betting regulations. The comments from ESIC Commissioner Ian Smith were short and to the point, expressing the commission's support for the Supreme Court Decision to overturn PASPA.
Smith explained that it is the mission of the Commission to protect the integrity of esports, and it is their opinion that this requires proper betting regulations. It is a response that acknowledges the existence and persistence of illegal betting across all sports.
In the United States alone, the American Gaming Association estimates that $150 billion is spent on illegal sports wagering. The amount puts the United States in the lead for black market betting globally. Smith and other leaders in the esports community are aware that issues such as illegal skin betting are quickly increasing the problem.
Smith emphasized that organized sports betting should be used as a means to shed light on the market. He said the ESIC is committed to working with state regulators to “make the shift to legalization.” He related the situation to the ESIC's work with the Nevada Gaming Control Board, noting that their system can serve as the model for states that choose to legalize and regulate esports wagering.
Smith brought up a few crucial factors associated with sports betting that the federal government will need to address, including the nation's 120 tribal gaming authorities and the Wire Act. As a representative of the industry, the ESIC will work to see that esports receives the same treatment as other sports in the legal betting markets.