Will it be a slam dunk for the US sports betting wagering ban?
bet9ja.com
By Natalie Sherman
bet9ja.com
Business reporter, New York
A restriction on sports betting in most US states could be overturned by a case being thought about by the Supreme Court.
The state of New Jersey is challenging the 1992 federal law that mainly disallowed sports betting gambling, describing the matter as a "states' rights" issue.
The case, which started on Monday, follows New Jersey locals enacted 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 regularly ruled against New Jersey, saying it is within the federal government's power to limit a state's policy choices.
The Supreme Court chose to hear the case nonetheless in the middle of a broader shift in American attitudes 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 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, collecting significant levies on gaming income.
There are now 24 states with commercial casinos - roughly double the number a years ago.
Despite the main restriction, which already exempts Nevada and 3 other states, prohibited sports betting wagering 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, described the federal ban, external as an "utter failure" earlier this year.
It states the UK is an example of a nation where sports betting is commonplace.
"It's time for Washington to stop denying states of critical tax income and enable them to gain the benefits of a regulated market," Mr Freeman stated.
More than 15 states submitted documents in assistance of New Jersey in the event. A handful have already passed laws to authorise sports betting in the event of a modification.
'Times have changed'
On Monday, as attorneys started 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 are successful here we might have bets being taken in New Jersey within 2 weeks of a choice by the court," stated outgoing New Jersey governor Chris Christie after going to the court hearing. "We're prepared in New Jersey - we're all set to go."
Regardless of the court's final ruling, Congress might likewise use up the dispute amid wider conversation about online video gaming and e-sports betting.
Even a few of the professional sports betting leagues have begun to alter their positions on the question of gambling.
Adam Silver, National Basketball Association commissioner, supported a federal law that would a consistent set of rules throughout 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 US Sports Betting Ban?
Essie Waring edited this page 2025-01-16 01:11:15 +01:00