From d6d8b2e65d53ce125f3bcab6bb638e5916965a75 Mon Sep 17 00:00:00 2001 From: Julius Ventura Date: Sat, 4 Jan 2025 23:25:49 +0800 Subject: [PATCH] Add 'Will it be a Slam Dunk for the US Sports Betting Ban?' --- ...m-Dunk-for-the-US-Sports-Betting-Ban%3F.md | 29 +++++++++++++++++++ 1 file changed, 29 insertions(+) create mode 100644 Will-it-be-a-Slam-Dunk-for-the-US-Sports-Betting-Ban%3F.md diff --git a/Will-it-be-a-Slam-Dunk-for-the-US-Sports-Betting-Ban%3F.md b/Will-it-be-a-Slam-Dunk-for-the-US-Sports-Betting-Ban%3F.md new file mode 100644 index 0000000..6a016f0 --- /dev/null +++ b/Will-it-be-a-Slam-Dunk-for-the-US-Sports-Betting-Ban%3F.md @@ -0,0 +1,29 @@ +
Will it be a slam dunk for the US [sports betting](https://doum.cn/read-blog/2170_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) wagering ban?
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By Natalie Sherman
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Business reporter, New york city
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A ban on [sports betting](https://rhabits.io/read-blog/7579_sport-betting-industry-aims-to-protect-itself.html) in most US states could be reversed by a case being considered by the Supreme Court.
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The state of New Jersey is [challenging](https://social.midnightdreamsreborns.com/read-blog/13224_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) the 1992 federal law that largely outlawed [sports betting](https://forum.webmark.com.tr/index.php?qa=85163&qa_1=uk-betting-firms-gamble-on-us-after-sports-wager-ruling), explaining the matter as a "states' rights" issue.
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The case, which started on Monday, follows New Jersey locals enacted 2011 to [legalise](https://metacouture.co/read-blog/24237_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) [sports betting](https://blkbook.blactive.com/read-blog/2299_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) [wagering](https://voggisper.com/read-blog/1396_exploring-the-sports-betting-industry-putting-ideas-into-practice.html).
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A group of [sports betting](https://gigen.net/read-blog/21_the-ins-and-outs-of-betting-on-the-nfl-draft.html) leagues opposes banking on video games, which they fear will encourage match-fixing.
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[Lower courts](https://social.vetmil.com.br/read-blog/14983_why-every-cricket-fan-should-try-the-all-cricket-id-gaming-platform.html) have consistently ruled versus New Jersey, saying it is within the federal government's power to limit a state's policy alternatives.
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The Supreme Court decided to hear the case nonetheless amidst a wider shift in American attitudes towards gambling.
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Before 1976, Nevada - home of the Las Vegas strip - was the only state with legal gambling establishments outside Native American lands.
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But recently, states hungry for tax revenue in the wake of the [monetary crash](https://aladin.social/read-blog/60897_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) have actually enacted a rash of looser gambling laws, collecting large levies on gaming income.
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There are now 24 states with commercial casinos - roughly double the number a decade back.
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Despite the official restriction, which already exempts Nevada and three other states, prohibited [sports betting](https://birdiey.com/read-blog/495_online-betting-firms-gamble-on-soccer-mad-nigeria.html) wagering is swarming in the US.
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Americans place about $154bn in [illegal](https://theavtar.in/read-blog/29998_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html) [sports betting](https://unightlifetalk.site/read-blog/2630_missouri-sports-betting-ballot-measure-approved-by-voters.html) bets every year, according to the American Gaming Association.
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The association's president, Geoff Freeman, described the federal ban, [external](http://www.mizmiz.de/read-blog/83274_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) as an "utter failure" previously this year.
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It says the UK is an example of a country where [sports betting](https://woodsrunners.com/index.php/User:BorisCornell553) wagering is commonplace.
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"It's time for Washington to stop depriving states of important tax profits and enable them to gain the benefits of a regulated market," Mr Freeman said.
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More than 15 states filed documents in assistance of New Jersey in the case. A handful have actually currently passed laws to authorise [sports betting](https://netgork.com/read-blog/112738_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) [wagering](https://social.midnightdreamsreborns.com/read-blog/13339_the-history-of-the-nfl-and-how-to-bet-on-it.html) in the event of a change.
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'Times have actually changed'
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On Monday, as lawyers began arguments for the Supreme Court, some more conservative judges appeared sceptical of the existing law.
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The court is expected to decide in June 2018.
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"If we achieve success here we could have bets being taken in New Jersey within 2 weeks of a decision by the court," said outbound New Jersey governor Chris Christie after going to the court hearing. "We're prepared in New Jersey - we're ready to go."
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Regardless of the court's last ruling, Congress might also use up the argument amidst more comprehensive conversation about online video gaming and e-[sports betting](https://palkwall.com/read-blog/27737_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html).
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Even some of the expert [sports betting](https://aquirola.com.br/read-blog/7880_how-to-attract-users-to-my-fantasy-sports-platform.html) have started to alter their [positions](https://wavedream.wiki/index.php/User:Shelley6143) on the [question](http://1600-6765.com/board_fyUJ95/219093) of [gambling](https://wooshbit.com/read-blog/18761_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html).
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Adam Silver, National Basketball Association commissioner, supported a federal law that would produce an uniform set of guidelines across the US. "Times have altered," he wrote in a 2014 opinion piece, external.
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Addicts dealing with mobile [sports betting](https://infinirealm.com/read-blog/8223_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html)
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3 October 2017
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The tricky issue of issue [sports betting](https://grade1d.smaportal.ae/read-blog/2422_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html)
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31 August 2017
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