Will it be a for the US sports betting wagering ban?
By Natalie Sherman
Business press reporter, New York
A restriction on sports betting in a lot of US states could be overturned by a case being considered by the Supreme Court.
The state of New Jersey is challenging the 1992 federal law that mainly disallowed sports betting gambling, explaining the matter as a "states' rights" problem.
The case, which began on Monday, follows New Jersey residents enacted 2011 to legalise sports betting.
A group of sports betting leagues opposes wagering on games, which they fear will encourage match-fixing.
Lower courts have regularly ruled versus New Jersey, stating it is within the federal government's power to limit a state's policy alternatives.
The Supreme Court opted to hear the case nevertheless amidst a broader shift in American mindsets toward sports betting.
Before 1976, Nevada - home of the Las Vegas strip - was the only state with legal gambling establishments outside Native American lands.
bet9ja.com
But in the last few years, states starving for tax earnings in the wake of the financial crash have enacted a rash of looser gaming laws, collecting hefty levies on gambling earnings.
bit.ly
There are now 24 states with commercial casinos - roughly double the number a years ago.
Despite the main restriction, which already excuses Nevada and three other states, prohibited sports betting wagering is swarming in the US.
Americans place about $154bn in illegal sports betting bets every year, according to the American Gaming Association.
The association's president, Geoff Freeman, explained the federal restriction, external as an "utter failure" earlier this year.
It says the UK is an example of a country where sports betting wagering is prevalent.
"It's time for Washington to stop denying states of critical tax revenue and enable them to gain the rewards of a regulated market," Mr Freeman said.
More than 15 states submitted papers in assistance of New Jersey in the case. A handful have currently passed laws to authorise sports betting wagering in case of a modification.
'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 anticipated to make a decision in June 2018.
bit.ly
"If we achieve success here we could have bets being taken in New Jersey within 2 weeks of a decision by the court," stated outbound New Jersey guv Chris Christie after going to the court hearing. "We're prepared in New Jersey - we're all set to go."
bet9ja.com
No matter the court's last ruling, Congress might likewise use up the argument amid more comprehensive conversation about online video gaming and e-sports betting.
Even some of the professional sports betting leagues have started to change their positions on the question of sports betting.
Adam Silver, National Basketball Association commissioner, supported a federal law that would produce a consistent set of rules throughout the US. "Times have altered," he wrote in a 2014 viewpoint piece, external.
Addicts battling with mobile wagering
3 October 2017
The challenging issue of issue gambling
31 August 2017
1
Will it be a Slam Dunk for the US Sports Betting Ban?
zenaidasaucedo edited this page 2025-01-02 18:26:55 +08:00