Let’s Talk About Sports Betting — TIMEOUT
The high court’s ruling abolishes the Professional and Amateur Sports Protection Act, or PASPA, a 1992 law that banned most states from legalizing sports gambling.
The Court ruled in favor of a case brought by New Jersey that would allow the expansion of legal sports gambling beyond some jurisdictions in Nevada.
“Pennsylvania will act quickly”. Until then, MIGA tribes will take advantage of the interim to study the matter, conduct internal discussions, and work constructively with key legislative leadership to ensure that the tribal perspective is fully considered in the development of Minnesota’s sports gambling policy.
Spokesman Doug Harbach said they’re still reviewing it.
The gambling industry was excited by the decision.
The Oneidas say they have been making preparations to offer sports betting at venues on the Oneida reservation in anticipation of the court ruling.
While Gun Lake, FireKeepers and other casinos told 24 Hour News 8 it’s too early to say how they’ll be impacted by the decision, Benson says their setups would lend well to sports betting in MI. Now he wants to make sure there are standards to uphold the “integrity” of sports. And soon – predictions are within two to five years – any state that wants to legalize sports wagering will have the businesses up and running.
New Jersey for years has tried to breathe new life into its troubled casinos and racetracks by authorizing sports betting at the facilities.
The American Gaming Association estimated that Americans would wager $10 billion on this year’s NCAA men’s basketball tournament alone, with just 3 percent of the bets placed legally through Nevada.
NCAA chief legal officer Donald Remy: “Today the United States Supreme court issued a clear decision that PASPA is unconstitutional, reversing the lower courts that held otherwise”. Current Gov. Phil Murphy also released a statement, saying he was “thrilled” with the victory.
“Today’s decision is a victory for the millions of Americans who seek to bet on sports in a safe and regulated manner”, the association said in a statement Monday. As a result, individual states can now officially launch legal sports betting industries of their own if they wish, with around a dozen having already passed sports betting bills since 2016 in anticipation of the landmark ruling. Our most important priority is protecting the integrity of our games. Both bills would have established a tax and regulatory framework for sports betting.
New Jersey voters in 2011 approved a referendum proposal to allow sports betting. DE tried to legalize bets on individual games in 2009, but that ran afoul of the federal law.
State lawmakers in Albany are also weighing legislation that would regulate sports betting in casinos and online.
States should be the big winners from Monday’s Supreme Court decision.
What does the U.S.
Gov. Dannel Malloy says he may call the state’s General Assembly into a special session to consider legalizing sports betting in CT after the Supreme Court overturned a federal ban on it.
The 1992 law at issue in the case bars state-authorized sports gambling with exceptions for Nevada, Montana, Oregon and DE, states that had approved some form of sports wagering before the law took effect. More than 30 states are expected to draft legislation allowing their citizens to bet. It merely reasserted a constitutional restraint on federal power over the states.