Requires: (1) the Director of the National Institute of Justice to study the extent to which minors participate in illegal sports gambling activities; and (2) the Attorney General to establish a panel to a study illegal college sports gambling.
Amends the Higher Education Act of 1965 to: (1) require each institution of higher education to designate one or more full-time senior officers of the institution to coordinate the implementation of a comprehensive program to reduce illegal gambling and gambling control disorders by students and employees; (2) condition receipt of financial aid on compliance with this Act; (3) specify that a recipient of athletically related student aid shall cease to be eligible for such aid upon a determination by either the institution of higher education or the applicable amateur sports organization that the recipient has engaged in illegal gambling activity, including sports bribery, in violation of the policies or by-laws of the institution or organization; and (4) require an institution of higher education that provides athletically related student aid to report annually to the Attorney General and the Secretary of Education.
Expresses the sense of Congress that illegal sports gambling poses a significant threat to youth.