Congressman announces intention to introduce new federal gambling legislation

A senior member of the United States House Of Representatives has announced that he intends to introduce comprehensive legislation next year that will update a trio of federal gambling laws including the 24-year-old partial prohibition on sportsbetting.

According to a report from ESPN, New Jersey representative Frank Pallone declared that current federal gambling laws are “obsolete” and “in desperate need of updating” but declined to provide any specific details or timeline regarding his coming legislation, which is also set to address the provision of daily fantasy sports.

“The laws need a wholesale review to see how they can actually work together and create a fairer playing field for all types of gambling, both online and offline, including sportsbetting and dai…