Will it be a slam dunk for the US sports betting restriction?
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By Natalie Sherman
Business reporter, New York
A ban on sports betting in many 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 mostly forbade sports betting gaming, explaining the matter as a "states' rights" concern.
The case, which started on Monday, follows New Jersey locals voted in 2011 to legalise sports betting wagering.
A group of sports betting leagues opposes sports betting on video games, which they fear will motivate match-fixing.
Lower courts have regularly ruled versus New Jersey, saying it is within the federal government's power to restrict a state's policy alternatives.
The Supreme Court opted to hear the case nevertheless in the middle of a wider shift in American attitudes toward gaming.
Before 1976, Nevada - home of the Las Vegas strip - was the only state with legal casinos outside Native American lands.
But in recent years, states hungry for tax revenue in the wake of the financial crash have actually enacted a rash of looser gaming laws, collecting hefty levies on gaming earnings.
There are now 24 states with industrial gambling establishments - roughly double the number a decade earlier.
Despite the official ban, which already excuses Nevada and three other states, unlawful sports betting is rife 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, described the federal ban, external as an "utter failure" previously 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 income and allow them to gain the benefits of a regulated market," Mr Freeman said.
More than 15 states submitted papers in assistance of New Jersey in the event. A handful have already passed laws to authorise sports betting wagering in the event of a modification.
'Times have changed'
On Monday, as legal representatives started arguments for the Supreme Court, some more conservative judges appeared sceptical of the existing law.
The court is expected to make a choice in June 2018.
"If we are successful here we might have bets being taken in New Jersey within two weeks of a decision by the court," said outgoing 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 use up the dispute amidst more comprehensive discussion about online gaming and e-sports betting.
Even a few of the professional sports betting leagues have started to alter their on the question of gaming.
Adam Silver, National Basketball Association commissioner, supported a federal law that would produce a consistent set of guidelines across the US. "Times have changed," he composed in a 2014 opinion piece, external.
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Will it be a Slam Dunk for the United States Sports Betting Ban?
hildred295163 edited this page 2025-01-16 23:53:01 +00:00