From f5d3440e6579b2693be79379ce667231d0ebb612 Mon Sep 17 00:00:00 2001 From: bennett04j5094 Date: Tue, 7 Jan 2025 22:59:27 +0100 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..4341399 --- /dev/null +++ b/Will-it-be-a-Slam-Dunk-for-the-US-Sports-Betting-Ban%3F.md @@ -0,0 +1,29 @@ +[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
Will it be a slam dunk for the US [sports betting](https://theavtar.in/read-blog/30167_how-much-are-americans-investing-in-sports-betting.html) restriction?
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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://wiki.ragnaworld.net/index.php?title=User:RodneyJonas8019) in the majority of US states could be reversed by a case being thought about by the Supreme Court.
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The state of New Jersey is challenging the 1992 federal law that mostly forbade [sports betting](https://ozoms.com/read-blog/11095_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) gambling, explaining the matter as a "states' rights" problem.
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The case, which started on Monday, comes after New Jersey locals enacted 2011 to legalise [sports betting](https://ai.ceo/read-blog/244366_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html).
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A group of [sports betting](http://it-viking.ch/index.php/User:RoxieRosenberg2) leagues opposes [sports betting](https://www.miptrucking.net/read-blog/1252_the-ins-and-outs-of-betting-on-the-nfl-draft.html) on video games, which they fear will motivate match-fixing.
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Lower courts have actually regularly ruled against New Jersey, stating it is within the federal government's power to restrict a state's policy alternatives.
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The Supreme Court decided to hear the case however in the middle of a larger shift in American attitudes towards gaming.
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Before 1976, Nevada - home of the Las [Vegas strip](https://si-sudagro.net/cdc-hiruak/index.php?qa=152940&qa_1=the-ins-and-outs-of-betting-on-the-nfl-draft) - was the only state with legal gambling establishments outside Native American lands.
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But over the last few years, states starving for tax earnings in the wake of the monetary crash have a rash of looser [sports betting](http://maili.demoe.cn:112/read-blog/442_sport-betting-industry-looks-to-protect-itself.html) laws, gathering hefty levies on gambling profits.
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There are now 24 states with industrial gambling establishments - approximately double the number a decade earlier.
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Despite the official ban, which currently excuses Nevada and three other states, illegal [sports betting](https://social.stssconstruction.com/read-blog/20905_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) wagering is swarming in the US.
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[Americans](https://youtoosocialnetwork.com/read-blog/1297_sport-betting-industry-wants-to-protect-itself.html) place about $154bn in unlawful [sports betting](http://www.asystechnik.com/index.php/Benutzer:ChloeDrake1554) bets every year, according to the American Gaming [Association](http://africa2063.iambrandsdev.com/read-blog/6489_compare-amp-review-oddsjet-de.html).
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The association's president, Geoff Freeman, explained the federal ban, external 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://fishtanklive.wiki/User:TabithaAllum44) wagering is prevalent.
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"It's time for Washington to stop depriving states of important tax profits and permit them to gain the rewards of a regulated market," Mr Freeman said.
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More than 15 states filed papers in assistance of New Jersey in the case. A [handful](https://social.updum.com/read-blog/232_the-history-of-the-nfl-and-how-to-bet-on-it.html) have already passed laws to authorise [sports betting](http://www.seferpanim.com/read-blog/382_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) in case of a modification.
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'Times have altered'
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On Monday, as attorneys started arguments for the Supreme Court, some more conservative judges [appeared](http://maili.demoe.cn112/read-blog/442_sport-betting-industry-looks-to-protect-itself.html) sceptical of the existing law.
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The court is anticipated to decide in June 2018.
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"If we achieve success here we might have bets being taken in New Jersey within 2 weeks of a choice by the court," said outbound New Jersey guv Chris Christie after going to the court hearing. "We're prepared in New Jersey - we're prepared to go."
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Regardless of the court's last judgment, Congress might likewise use up the debate in the middle of broader conversation about online gaming and e-[sports betting](https://www.amedaychats.com/read-blog/881_missouri-sports-betting-ballot-measure-approved-by-voters.html).
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Even some of the expert [sports betting](https://kiigasofthub.com/read-blog/10092_the-ins-and-outs-of-betting-on-the-nfl-draft.html) [leagues](https://globalairgunner.com/read-blog/20079_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html) have begun to change their positions on the question of gambling.
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Adam Silver, National Basketball Association commissioner, supported a federal law that would produce an uniform set of rules across the US. "Times have actually changed," he composed in a 2014 viewpoint piece, external.
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Addicts fighting with mobile [sports betting](https://pittsburghpenguinsclub.com/read-blog/11605_for-sports-gambling-to-be-legalised.html)
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3 October 2017
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The tricky issue of issue [sports betting](http://www.asystechnik.com/index.php/Benutzer:ChloeDrake1554)
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31 August 2017
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