Will it be a slam dunk for the US sports betting ban?
By Natalie Sherman
Business press reporter, New York
A restriction on sports betting wagering in a lot of 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 outlawed sports betting, explaining the matter as a "states' rights" problem.
The case, which started on Monday, follows New Jersey locals enacted 2011 to legalise sports betting wagering.
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A group of sports betting leagues opposes banking on video games, which they fear will motivate match-fixing.
Lower courts have consistently ruled versus New Jersey, stating it is within the federal government's power to restrict a state's policy options.
The Supreme Court opted to hear the case however amid a larger shift in American mindsets toward gaming.
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Before 1976, Nevada - home of the Las Vegas strip - was the only state with legal casinos outside Native American lands.
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But in recent years, states hungry for tax income in the wake of the monetary crash have actually enacted a rash of looser gaming laws, collecting hefty levies on sports betting income.
There are now 24 states with business gambling establishments - double the number a decade earlier.
Despite the main restriction, which already excuses Nevada and three other states, illegal sports betting is swarming in the US.
Americans place about $154bn in unlawful sports betting bets every year, according to the American Gaming Association.
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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 nation where sports betting is prevalent.
"It's time for Washington to stop denying states of crucial tax income and allow them to enjoy the rewards of a regulated market," Mr Freeman stated.
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More than 15 states submitted documents in assistance of New Jersey in the case. A handful have currently passed laws to authorise sports betting in the event of a change.
'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 decide in June 2018.
"If we succeed here we might have bets being taken in New Jersey within 2 weeks of a decision by the court," said outgoing New Jersey governor Chris Christie after participating in the court hearing. "We're prepared in New Jersey - we're all set to go."
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Regardless of the court's last ruling, Congress may also take up the debate in the middle of broader conversation about online gaming and e-sports betting.
Even some of the expert sports betting leagues have begun to change their positions on the question of sports betting.
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Adam Silver, National Basketball Association commissioner, supported a federal law that would produce a consistent set of guidelines throughout the US. "Times have changed," he wrote in a 2014 opinion piece, external.
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Will it be a Slam Dunk for the United States Sports Betting Ban?
mack49o114075 edited this page 2025-01-02 00:51:28 +00:00