Will it be a slam dunk for the US sports betting restriction?
By Natalie Sherman
bit.ly
Business press reporter, New York
A ban on sports betting wagering in most US states could be overturned by a case being considered by the Supreme Court.
The state of New Jersey is challenging the 1992 federal law that largely banned sports betting, describing the matter as a "states' rights" issue.
The case, which started on Monday, follows New Jersey citizens enacted 2011 to legalise sports betting.
A group of sports betting leagues opposes banking on video games, which they fear will motivate match-fixing.
Lower courts have actually consistently ruled against New Jersey, stating it is within the federal government's power to limit a state's policy options.
The Supreme Court decided to hear the case however in the middle of a broader shift in American attitudes towards gaming.
Before 1976, Nevada - home of the Las Vegas strip - was the only state with legal casinos outside Native American lands.
But over the last few years, states hungry for tax profits in the wake of the financial crash have actually enacted a rash of looser gaming laws, collecting significant levies on gaming earnings.
There are now 24 states with business gambling establishments - approximately double the number a years earlier.
Despite the main ban, which already exempts Nevada and 3 other states, prohibited sports betting is rife in the US.
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Americans place about $154bn in unlawful sports betting bets every year, according to the American Gaming Association.
The association's president, Geoff Freeman, the federal ban, external as an "utter failure" previously this year.
It states the UK is an example of a country where sports betting wagering is commonplace.
"It's time for Washington to stop depriving states of crucial tax income and allow them to reap the rewards of a regulated market," Mr Freeman stated.
More than 15 states submitted documents in assistance of New Jersey in the case. A handful have actually currently passed laws to authorise sports betting in case of a change.
'Times have actually altered'
On Monday, as attorneys began 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 achieve success here we might have bets being taken in New Jersey within two weeks of a decision by the court," said outgoing New Jersey guv Chris Christie after going to the court hearing. "We're prepared in New Jersey - we're all set to go."
No matter the court's last ruling, Congress might also take up the argument amidst wider discussion about online video gaming and e-sports betting.
Even a few of the expert sports betting leagues have actually begun to alter their positions on the concern of gambling.
Adam Silver, National Basketball Association commissioner, supported a federal law that would create a consistent set of guidelines across the US. "Times have changed," he composed in a 2014 viewpoint piece, external.
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Will it be a Slam Dunk for the US Sports Betting Ban?
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