Will it be a slam dunk for the US sports betting ban?
By Natalie Sherman
bet9ja.com
Business press reporter, New york city
A restriction on sports betting wagering in the majority of US states might be reversed by a case being thought about by the Supreme Court.
The state of New Jersey is challenging the 1992 federal law that largely outlawed sports betting, describing the matter as a "states' rights" concern.
The case, which began on Monday, follows New Jersey homeowners enacted 2011 to legalise sports betting wagering.
A group of sports betting leagues opposes banking on games, which they fear will encourage match-fixing.
Lower courts have actually regularly ruled versus New Jersey, stating it is within the federal government's power to restrict a state's policy alternatives.
The Supreme Court opted to hear the case however amid a broader shift in American attitudes towards gaming.
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Before 1976, Nevada - home of the Las Vegas strip - was the only state with legal casinos outside Native American lands.
But over the last few years, states starving for tax income in the wake of the monetary crash have actually enacted a rash of looser gaming laws, gathering significant levies on gaming revenue.
There are now 24 states with business casinos - approximately double the number a decade earlier.
Despite the official restriction, which currently and three other states, unlawful sports betting wagering is rife in the US.
Americans put about $154bn in unlawful sports betting bets every year, according to the American Gaming Association.
The association's president, Geoff Freeman, explained the federal ban, external as an "utter failure" previously this year.
It says the UK is an example of a nation where sports betting wagering is commonplace.
"It's time for Washington to stop denying states of crucial tax profits and enable them to gain the benefits of a regulated market," Mr Freeman said.
More than 15 states filed papers in support of New Jersey in the event. A handful have already passed laws to authorise sports betting wagering in case of a change.
'Times have actually changed'
On Monday, as legal representatives began arguments for the Supreme Court, some more conservative judges appeared sceptical of the existing law.
The court is expected to decide in June 2018.
"If we are effective here we could have bets being taken in New Jersey within two weeks of a choice by the court," stated outbound New Jersey guv Chris Christie after participating in the court hearing. "We're prepared in New Jersey - we're all set to go."
No matter the court's last judgment, Congress might also take up the dispute amidst broader discussion about online video gaming and e-sports betting.
Even some of the professional sports betting leagues have started to alter their positions on the question of sports betting.
Adam Silver, National Basketball Association commissioner, supported a federal law that would produce an uniform set of guidelines throughout the US. "Times have actually changed," he wrote in a 2014 viewpoint piece, external.
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Will it be a Slam Dunk for the United States Sports Betting Ban?
catherinemckni edited this page 2025-01-02 18:38:06 +08:00