"We have a project going on now to really dig in deeply and understand it. I’ll be the third commissioner (along with NBA’s Adam Silver and MLB’s Rob Manfred) in and say I’m very open to understanding how we can get more engaged in this market in a way that I think if done properly, can be regulated and managed and controlled,” Garber said.
"I’ll join the chorus of saying it’s time to bring it out of the dark ages,” he said. "We’re doing what we can to figure out how to manage that effectively,” Garber added.
Sports betting is banned in all but a handful of states in the US. A report this month from the Competitive Enterprise Institute urged the Federal government to legalize sports betting. The report says eliminating the ban would generate tax revenue and help professional and amateur sports leagues bolster the integrity of games because bettors and bookmakers would have a vested financial interest in a game’s outcome.
