Will it be a slam dunk for the US sports betting restriction?
By Natalie Sherman
Business press reporter, New York
bet9ja.com
A restriction on sports betting in most US states could be overturned by a case being thought about by the Supreme Court.
bet9ja.com
The state of New Jersey is challenging the 1992 federal law that largely disallowed sports betting gambling, the matter as a "states' rights" problem.
The case, which started on Monday, follows New Jersey homeowners voted in 2011 to legalise sports betting.
A group of sports betting leagues opposes wagering on 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 restrict a state's policy options.
The Supreme Court opted to hear the case nonetheless amidst a wider shift in American attitudes towards sports betting.
Before 1976, Nevada - home of the Las Vegas strip - was the only state with legal casinos outside Native American lands.
bit.ly
But in recent years, states starving for tax profits in the wake of the monetary crash have actually enacted a rash of looser sports betting laws, gathering substantial levies on sports betting profits.
There are now 24 states with industrial gambling establishments - approximately double the number a decade ago.
Despite the main restriction, which already exempts Nevada and three other states, unlawful sports betting is swarming in the US.
Americans put about $154bn in illegal sports betting bets every year, according to the American Gaming Association.
bit.ly
The association's president, Geoff Freeman, described the federal restriction, external as an "utter failure" earlier this year.
It states the UK is an example of a nation where sports betting is prevalent.
bit.ly
"It's time for Washington to stop denying states of crucial tax earnings and allow 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 event. A handful have actually currently passed laws to authorise sports betting in case of a change.
'Times have actually changed'
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 decide in June 2018.
"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 governor Chris Christie after going to the court hearing. "We're prepared in New Jersey - we're all set to go."
Despite the court's final judgment, Congress might also take up the debate amid wider conversation about online gaming and e-sports betting.
bet9ja.com
Even a few of the professional sports betting leagues have actually started to change their positions on the concern of gambling.
bet9ja.com
Adam Silver, National Basketball Association commissioner, supported a federal law that would develop an uniform set of rules across the US. "Times have actually changed," he composed in a 2014 opinion piece, external.
Addicts battling with mobile sports betting
3 October 2017
The difficult concern of problem gambling
31 August 2017
1
Will it be a Slam Dunk for the United States Sports Betting Ban?
peterhostetler edited this page 2025-01-02 20:25:11 +09:00