Submission Title
Sports Betting Laws and Regulation in the Asia Pacific: a 21-country analysis
Presentation Type
Paper Presentation
Start Date
24-5-2023 9:00 AM
End Date
24-5-2023 12:30 AM
Disciplines
Gaming Law
Abstract
Abstract
Sports betting regulation in the Asia-Pacific region is stuck in complex legislative processes owing to cultural and government ties to gambling, well documented corruption in sports, nascent sports integrity practices and overlapping jurisdictions of the law. Our comprehensive legal analysis of sports betting and gambling laws of 21 countries from the region reveals legislators, sports governing bodies and policy makers unable to construct strong legal sports betting laws for the exploding demand for sports betting including e-sports betting in the region. The risk of delayed and lack of legislation is unfortunately feeding rampant illegal sports betting activity that is damaging community views on the integrity of sports events and casting a shadow on potential future sports betting approval. Our legal analysis therefore recommends Asia-Pacific lawmakers to adopt the well-entrenched Nevada sports betting regulatory model as the early foundations for their country specific sports betting laws. Our paper offers specific discussions for lawmakers in the Asia-Pacific on the mechanisms to regulate and legislate betting on their national and regional sports competitions, together that of overseas sports events, using the Nevada sports betting regulatory model.
Implication Statement
This 21-country legal analysis study offers legislators and sports governing bodies in the Asia-Pacific region the mechanics on adapting seven best practices from the Nevada sports betting regulatory model onto their own foundational national sports betting law enactment and revisions.
Keywords
Asia Pacific, sports betting, sports gambling, laws, regulation
Funding Sources
partial funding from Maine Business School, University of Maine (funding body has no involvement in the research)
Competing Interests
No competing interests
Sports Betting Laws and Regulation in the Asia Pacific: a 21-country analysis
Abstract
Sports betting regulation in the Asia-Pacific region is stuck in complex legislative processes owing to cultural and government ties to gambling, well documented corruption in sports, nascent sports integrity practices and overlapping jurisdictions of the law. Our comprehensive legal analysis of sports betting and gambling laws of 21 countries from the region reveals legislators, sports governing bodies and policy makers unable to construct strong legal sports betting laws for the exploding demand for sports betting including e-sports betting in the region. The risk of delayed and lack of legislation is unfortunately feeding rampant illegal sports betting activity that is damaging community views on the integrity of sports events and casting a shadow on potential future sports betting approval. Our legal analysis therefore recommends Asia-Pacific lawmakers to adopt the well-entrenched Nevada sports betting regulatory model as the early foundations for their country specific sports betting laws. Our paper offers specific discussions for lawmakers in the Asia-Pacific on the mechanisms to regulate and legislate betting on their national and regional sports competitions, together that of overseas sports events, using the Nevada sports betting regulatory model.
Implication Statement
This 21-country legal analysis study offers legislators and sports governing bodies in the Asia-Pacific region the mechanics on adapting seven best practices from the Nevada sports betting regulatory model onto their own foundational national sports betting law enactment and revisions.