From 050ee975516a44b8d233a5cbcbe32e485457e8fa Mon Sep 17 00:00:00 2001 From: tessavonwiller Date: Thu, 2 Jan 2025 00:05:16 +0000 Subject: [PATCH] Add Will it be a Slam Dunk for the United States Sports Betting Ban? --- ...the-United-States-Sports-Betting-Ban%3F.md | 29 +++++++++++++++++++ 1 file changed, 29 insertions(+) create mode 100644 Will-it-be-a-Slam-Dunk-for-the-United-States-Sports-Betting-Ban%3F.md diff --git a/Will-it-be-a-Slam-Dunk-for-the-United-States-Sports-Betting-Ban%3F.md b/Will-it-be-a-Slam-Dunk-for-the-United-States-Sports-Betting-Ban%3F.md new file mode 100644 index 0000000..53ccc8b --- /dev/null +++ b/Will-it-be-a-Slam-Dunk-for-the-United-States-Sports-Betting-Ban%3F.md @@ -0,0 +1,29 @@ +
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?
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By Natalie Sherman
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Business press reporter, New york city
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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).
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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.
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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).
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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).
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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).
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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.
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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 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.
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There are now 24 states with industrial gambling establishments - roughly double the number a years earlier.
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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.
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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.
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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.
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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.
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"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.
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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.
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'Times have actually altered'
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On Monday, as attorneys started arguments for the Supreme Court, some more conservative judges appeared sceptical of the existing law.
[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) +
The court is expected to make a choice in June 2018.
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"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."
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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).
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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.
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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.
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Addicts fighting with mobile [sports betting](https://demo.wowonderstudio.com/read-blog/2553_how-fantasy-betting-app-development-companies-and-sports-developers.html)
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3 October 2017
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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)
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31 August 2017
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