SBS in ACAMS Today: Sports Betting: Improving Your Odds Against AML Risk

14 Nov 2018
Date submitted
14 Nov 2018
Resource type
Other
File type
pdf PDF file (782.76K)
On May 14, 2018, a historic ruling by the U.S. Supreme Court overturned the Professional and Amateur Sports Protection Act (PASPA) of 1992, which previously prohibited states, except Nevada, from authorizing sports gambling. The new ruling empowers each state with the authority to legalize and regulate sports betting. State officials as well as the casino industry have been eagerly awaiting the decision to take advantage of this revenue-rich opportunity.
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