Add Will it be a Slam Dunk for the United States Sports Betting Ban?
commit
050ee97551
|
|
@ -0,0 +1,29 @@
|
|||
<br>Will it be a [slam dunk](https://ackeer.com/read-blog/9463_how-much-are-americans-investing-in-sports-betting.html) for the US [sports betting](http://famedoot.in/read-blog/91_how-fantasy-betting-app-development-companies-and-sports-developers.html) ban?<br>
|
||||
<br>By Natalie Sherman<br>
|
||||
<br>Business press reporter, New york city<br>
|
||||
<br>A restriction on [sports betting](https://social.engagepure.com/read-blog/829_how-to-withdraw-from-bet9ja-8-step-guide-to-money-in-your-wins.html) wagering in a lot of US states might be reversed by a case being considered by the [Supreme Court](https://mgnm.uk/read-blog/3110_how-are-betting-odds-calculated.html).<br>
|
||||
<br>The state of New Jersey is challenging the 1992 federal law that largely banned [sports betting](https://lubuzz.com/read-blog/89_how-to-attract-users-to-my-fantasy-sports-platform.html) gaming, explaining the matter as a "states' rights" concern.<br>
|
||||
<br>The case, which started on Monday, comes after New Jersey locals voted in 2011 to legalise [sports betting](https://www.contraband.ch/read-blog/41819_things-you-need-to-understand-about-rafting-adventures.html) [wagering](https://wow.t-mobility.co.il/read-blog/21_how-to-attract-users-to-my-fantasy-sports-platform.html).<br>
|
||||
<br>A group of [sports betting](https://lixoro.de/read-blog/4077_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) leagues on games, which they fear will [encourage match-fixing](https://friends.win/read-blog/20747_the-history-of-the-nfl-and-how-to-bet-on-it.html).<br>
|
||||
<br>Lower courts have regularly ruled versus New Jersey, saying it is within the federal government's power to limit a [state's policy](https://kiigasofthub.com/read-blog/10134_how-to-play-bet9ja-online.html) [alternatives](https://ozoms.com/read-blog/11108_the-ins-and-outs-of-betting-on-the-nfl-draft.html).<br>
|
||||
<br>The [Supreme Court](https://hyped4gamers.com/read-blog/2443_how-to-attract-users-to-my-fantasy-sports-platform.html) opted to hear the case however amid a broader shift in American attitudes toward gaming.<br>
|
||||
<br>Before 1976, Nevada - home of the Las Vegas strip - was the only state with legal casinos outside Native American lands.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||
<br>But in the last few years, states starving for tax revenue in the wake of the monetary crash have actually enacted a rash of looser gambling laws, [gathering](https://connectingsparks.com/read-blog/25156_how-to-withdraw-from-bet9ja-8-step-guide-to-money-in-your-wins.html) large levies on gaming revenue.<br>
|
||||
<br>There are now 24 states with industrial gambling establishments - roughly double the number a years earlier.<br>
|
||||
<br>Despite the official restriction, which already excuses Nevada and 3 other states, illegal [sports betting](https://si-sudagro.net/cdc-hiruak/index.php?qa=153192&qa_1=things-you-need-to-know-about-rafting-adventures) wagering is swarming in the US.<br>
|
||||
<br>Americans put about $154bn in illegal [sports betting](https://social.ishare.la/read-blog/1099_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) bets every year, according to the American Gaming Association.<br>
|
||||
<br>The association's president, Geoff Freeman, explained the federal ban, [external](https://twoplustwoequal.com/read-blog/58995_just-how-much-are-americans-investing-in-sports-betting.html) as an "utter failure" previously this year.<br>
|
||||
<br>It says the UK is an example of a nation where [sports betting](https://vishwakarmacommunity.org/read-blog/7970_how-much-are-americans-spending-on-sports-betting.html) is commonplace.<br>
|
||||
<br>"It's time for Washington to stop depriving states of crucial tax income and allow them to enjoy the benefits of a regulated market," Mr Freeman stated.<br>
|
||||
<br>More than 15 states filed documents in support of New Jersey in the case. A handful have actually currently passed laws to authorise [sports betting](https://gigen.net/read-blog/18_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) wagering in case of a change.<br>
|
||||
<br>'Times have actually altered'<br>
|
||||
<br>On Monday, as attorneys started arguments for the Supreme Court, some more conservative judges appeared sceptical of the existing law.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
|
||||
<br>The court is expected to make a choice in June 2018.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||
<br>"If we are successful here we might have bets being taken in New Jersey within two weeks of a choice 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."<br>
|
||||
<br>Regardless of the court's final judgment, Congress may also take up the argument amidst wider discussion about [online gaming](https://wooshbit.com/read-blog/18737_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) and e-[sports betting](https://www.ayuujk.com/read-blog/93_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html).<br>
|
||||
<br>Even a few of the professional [sports betting](https://mxlinkin.mimeld.com/read-blog/698_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) leagues have started to alter their positions on the concern of gaming.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||
<br>Adam Silver, National Basketball [Association](http://energymarine.net/?option=com_k2&view=itemlist&task=user&id=1187990) commissioner, supported a federal law that would develop an [uniform](https://swaggspot.com/read-blog/9691_the-ins-and-outs-of-betting-on-the-nfl-draft.html) set of rules across the US. "Times have actually altered," he composed in a 2014 opinion piece, external.<br>
|
||||
<br>Addicts fighting with mobile [sports betting](https://demo.wowonderstudio.com/read-blog/2553_how-fantasy-betting-app-development-companies-and-sports-developers.html)<br>
|
||||
<br>3 October 2017<br>
|
||||
<br>The tricky issue of issue [sports betting](http://social.redemaxxi.com.br/read-blog/1679_how-to-withdraw-from-bet9ja-8-step-guide-to-money-in-your-wins.html)<br>
|
||||
<br>31 August 2017<br>
|
||||
Loading…
Reference in New Issue