From 1d4f78857160066bca3ef161d41a582d755b910e Mon Sep 17 00:00:00 2001 From: rustyi1362033 Date: Thu, 2 Jan 2025 14:59:53 +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..75ed7fc --- /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://parentingliteracy.com/wiki/index.php/User:KeeshaRwc51) [wagering restriction](https://skylockr.app/read-blog/215_the-history-of-the-nfl-and-how-to-bank-on-it.html)?
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By Sherman
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Business reporter, New York
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A restriction on [sports betting](https://werderbremenfansclub.com/read-blog/14636_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) wagering in many 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 largely banned [sports betting](https://tribetok.com/read-blog/96_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) gaming, explaining the matter as a "states' rights" problem.
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The case, which began on Monday, comes after New Jersey residents enacted 2011 to legalise [sports betting](https://bbarlock.com/index.php/User:AliceBland5).
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A group of [sports betting](https://islider.ru/read-blog/41243_for-sports-gambling-to-be-legalised.html) leagues opposes banking on games, which they fear will motivate match-fixing.
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Lower courts have regularly ruled against 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 chose to hear the case nevertheless amid a wider shift in American mindsets toward [sports betting](https://hyped4gamers.com/read-blog/2433_how-much-are-americans-spending-on-sports-betting.html).
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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 in current years, states hungry for tax earnings in the wake of the monetary crash have enacted a rash of looser gaming laws, collecting hefty levies on gaming revenue.
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There are now 24 states with industrial [gambling establishments](https://parentingliteracy.com/wiki/index.php/User:KiaSchirmeister) - approximately double the number a decade earlier.
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Despite the official restriction, which currently [excuses Nevada](https://inicknet.com/read-blog/2259_online-betting-firms-gamble-on-soccer-mad-nigeria.html) and three other states, unlawful [sports betting](https://jamboz.com/read-blog/336_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) wagering is swarming in the US.
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Americans position about $154bn in prohibited [sports betting](https://meta.mactan.com.br/read-blog/23692_start-winning-with-pcg-college-football-picks.html) bets every year, according to the American Gaming [Association](https://galgbtqhistoryproject.org/wiki/index.php/User:QPGMatilda).
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The association's president, Geoff Freeman, explained the [federal](http://bedfordfalls.live/read-blog/117140_the-ins-and-outs-of-betting-on-the-nfl-draft.html) restriction, [external](https://canadasimple.com/index.php/User:AuroraBirdsall9) as an "utter failure" earlier this year.
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It says the UK is an example of a nation where [sports betting](https://globalabout.com/read-blog/17008_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) is [prevalent](https://social.instinxtreme.com/read-blog/13861_how-to-withdraw-from-bet9ja-8-step-guide-to-cash-in-your-wins.html).
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"It's time for Washington to stop depriving states of crucial tax income and permit them to enjoy the rewards of a regulated market," Mr Freeman said.
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More than 15 states submitted papers in assistance of New Jersey in the event. A [handful](http://it-viking.ch/index.php/User:TerrenceSouthard) have currently passed laws to authorise [sports betting](https://www.tobeop.com/score-big-wins-how-sports-betting-software-drives-growth-and-engagement/) wagering in the event of a change.
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'Times have altered'
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On Monday, as lawyers began arguments for the Supreme Court, some more conservative judges appeared sceptical of the [existing](https://theavtar.in/read-blog/30034_for-sports-gambling-to-be-legalised.html) law.
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The court is anticipated to decide in June 2018.
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"If we are effective here we could have bets being taken in New Jersey within 2 weeks of a choice by the court," said outgoing New Jersey governor Chris Christie after [attending](https://reckoningz.com/enhance-your-business-opportunities-with-efficient-sports-apps/) the court hearing. "We're prepared in New Jersey - we're ready to go."
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No matter the court's final ruling, Congress may likewise use up the debate amid wider discussion about [online video](https://systemcheck-wiki.de/index.php?title=Benutzer:BellV8685945) gaming and e-[sports betting](https://customerscomm.com/read-blog/3712_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html).
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Even a few of the professional [sports betting](https://theconnectly.com/read-blog/4146_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) leagues have actually begun to change their positions on the concern of gaming.
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Adam Silver, National Basketball Association commissioner, supported a federal law that would create an uniform set of rules across the US. "Times have changed," he wrote in a 2014 opinion piece, external.
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[Addicts struggling](https://clik.social/read-blog/19335_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) with mobile [sports betting](https://social.ppmandi.com/read-blog/204_sport-betting-industry-seeks-to-protect-itself.html)
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3 October 2017
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The difficult concern of problem [sports betting](https://pittsburghpenguinsclub.com/read-blog/11547_compare-amp-review-oddsjet-de.html)
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31 August 2017
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