What the Supreme Court's sports gambling decision means

What the Supreme Court's sports gambling decision means

But all bets are about to be off with the governing of sports betting now with Monday's Supreme Court decision in the case of Christie (now Murphy) vs. the NCAA, which essentially overturns the 1992 Professional and Amateur Sports Protection Act, which had essentially made such gambling illegal everywhere except Nevada, Montana, Oregon and little ol' DE, the four states that had met a 1991 deadline to offer state-run betting. Think about, depending on what laws are passed, the ease of placing a legal sports bet with your smartphone.

Both the National Basketball Association and the Major League Baseball have suggested a 1 percent fee on all legal wagers on their games, said Assemblyman Racing and Wagering Committee Chairman Gary Pretlow (D-Westchester), who called the ask "a little high". "We welcome the opportunity to discuss legal sports betting with legislators in Columbus and other key stakeholders". It is in our best interest to ensure these businesses remain competitive in an increasingly competitive market and continue to grow. "People enjoy betting on sports". The Supreme Court on Monday gave its go-ahead for states to allow gambling on sports across the nation.

New Jersey and DE are likely to be first to jump into this new market, but other states are also lining up to get in on the action.

In a 6 to 3 ruling, justices declared the Professional and Amateur Sports Protection Act unconstitutional. "That's an opportunity where, if we own it, Kansas generates revenue from it". "It will be a natural transition to incorporate sports gaming by the casino and the racetracks".

According to state officials, the earliest the issue could reach the ballot through the petition process or by the State Legislature is 2020.

They called New Jersey's law a threat to the integrity of competition, fearing game-fixing and other types of cheating. Betting on high school events would also be banned.

Each state will set its own taxes on sports bets. The tax revenue would be dedicated to programs for senior citizens and the disabled. As a subscription-based service, Action snuffs out any inkling of branded editorial, focused exclusively on serving sports junkies with in-depth reporting "to be smarter about the games they're watching", says Millman.

Sports leagues, like the NFL, NBA and MLB have taken a heedful approach to the Supreme Court's ruling, mostly to show protection for the sport and the desire to regulate the gambling in accordance with the sport. The league has been planning for this decision for a long time, even though at the March owners' meetings Goodell professed he didn't know what the Supreme Court was going to decide. "We have to engage our stakeholders and make sure that it makes sense for OR, wherever we might land".

On Dec. 7 - the same day the Supreme Court heard oral arguments in the case - Rep.

"It is as if federal officers were installed in state legislative chambers and were armed with the authority to stop legislators from voting on any offending proposals", he wrote.

Monmouth have invested $2 million on transforming part of their grandstand in to a sports bar in conjunction with William Hill and chief executive Dennis Drazin told Thoroughbred Daily News they could commence operation within two weeks. "We already do it on horse racing in Kentucky and this is just an extension of that".

Arizona Attorney General Mark Brnovich, who had sided with New Jersey in its challenge of the federal law, called Monday's ruling a significant victory for states' rights. "We are confident this decision will positively impact our local economy and provide job security to the countless individuals employed by this industry", said Assemblyman Eric Houghtaling.

The move by the Legislature to pre-emptively approve sports betting before the Supreme Court decision was "proactive", said Scott Cooley, a spokesman for BetDSI, an online sportsbook. The NBA and Major League Baseball have both said some form of legal sports gambling seems inevitable, and have teamed together to urge states to pass bills that would help protect the integrity of their sports - while also directing some profits in the direction of the leagues. "But we're going to look at that".

"If you wanted to fix a game in the US, you had to work with the mob and that wasn't attractive to most athletes", Hill said.

Casinos and racetracks in the state are also moving quickly.

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