Will it be a slam dunk for the US sports betting ban?
By Natalie Sherman
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Business press reporter, New york city
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A restriction on sports betting in many US states could be reversed by a case being considered by the Supreme Court.
The state of New Jersey is challenging the 1992 federal law that mainly outlawed sports betting gambling, explaining the matter as a "states' rights" issue.
The case, which began on Monday, follows New Jersey homeowners voted in 2011 to legalise sports betting.
A group of sports betting leagues opposes banking on video games, which they fear will motivate match-fixing.
Lower courts have consistently ruled versus New Jersey, saying it is within the federal government's power to restrict a options.
The Supreme Court decided to hear the case nevertheless amidst a larger shift in American mindsets toward gaming.
Before 1976, Nevada - home of the Las Vegas strip - was the only state with legal gambling establishments outside Native American lands.
But in recent years, states starving for tax revenue in the wake of the financial crash have actually enacted a rash of looser gambling laws, gathering hefty levies on gaming income.
There are now 24 states with industrial gambling establishments - roughly double the number a decade back.
Despite the main restriction, which already excuses Nevada and three other states, illegal sports betting is rife in the US.
Americans place about $154bn in prohibited 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" earlier this year.
It states the UK is an example of a country where sports betting wagering is commonplace.
"It's time for Washington to stop depriving states of important tax earnings and permit them to gain the rewards of a regulated market," Mr Freeman stated.
More than 15 states filed documents in assistance of New Jersey in the case. A handful have actually currently passed laws to authorise sports betting in case of a modification.
'Times have changed'
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On Monday, as lawyers began arguments for the Supreme Court, some more conservative judges appeared sceptical of the existing law.
The court is expected to make a decision in June 2018.
"If we succeed here we might have bets being taken in New Jersey within two weeks of a decision by the court," stated outgoing New Jersey guv Chris Christie after attending the court hearing. "We're prepared in New Jersey - we're prepared to go."
Despite the court's last ruling, Congress may likewise take up the dispute amid wider conversation about online gaming and e-sports betting.
Even some of the expert sports betting leagues have actually begun to change their positions on the concern of sports betting.
Adam Silver, National Basketball Association commissioner, supported a federal law that would produce a consistent set of rules across the US. "Times have changed," he composed in a 2014 viewpoint piece, external.
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Will it be a Slam Dunk for the United States Sports Betting Ban?
marisolhecht23 edited this page 2025-01-02 12:26:03 +01:00