Without acknowledging the explosive growth of sports betting, it must be examined whether the incentives to participate are serving the fans. As has been argued, Today's hearing is a chance to examine whether our tax code is keeping pace with the changing business of sports. We have a responsibility to keep the game with the fans. As a longtime sports fan follows every sporting event conceivable, I'm astounded by the fact that that loyalty that … (03:32–03:39)
CLAIM
Asserts the need to review if the tax code aligns with the evolving sports industry.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.