From 77a1fa467d3a96da2f9ff7bfc99a684042b03f08 Mon Sep 17 00:00:00 2001 From: valorievonstie Date: Thu, 2 Jan 2025 08:34:02 +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..016c018 --- /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](https://systemcheck-wiki.de/index.php?title=Benutzer:EmanuelPike) for the US [sports betting](https://youfurry.com/read-blog/37811_things-you-need-to-know-about-rafting-adventures.html) ban?
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By Natalie Sherman
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Business reporter, New York
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A restriction on [sports betting](https://community.0dte.com/index.php?link1=read-blog&id=8_how-to-play-bet9ja-online.html) in most US states could be overturned by a case being considered by the Supreme Court.
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The state of New Jersey is challenging the 1992 federal law that largely disallowed [sports betting](https://customerscomm.com/read-blog/3738_how-much-are-americans-investing-in-sports-betting.html) gaming, explaining the matter as a "states' rights" problem.
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The case, which began on Monday, comes after New Jersey homeowners enacted 2011 to legalise [sports betting](https://miderde.de/index.php?title=Benutzer:AudraHinz7).
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A group of [sports betting](http://maili.demoe.cn:112/read-blog/449_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) leagues opposes [sports betting](https://hyped4gamers.com/read-blog/2433_how-much-are-americans-spending-on-sports-betting.html) on video games, which they fear will encourage match-fixing.
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[Lower courts](https://oeclub.org/index.php/User:FredPartee06129) have ruled against New Jersey, saying it is within the [federal government's](https://social.midnightdreamsreborns.com/read-blog/13246_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) power to limit a state's policy choices.
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The Supreme Court decided to hear the case nonetheless amid a larger shift in American attitudes toward gaming.
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Before 1976, [Nevada -](https://issosyal.com/read-blog/10048_how-are-betting-odds-calculated.html) home of the Las Vegas strip - was the only state with [legal casinos](https://hyped4gamers.com/read-blog/2433_how-much-are-americans-spending-on-sports-betting.html) outside Native American lands.
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But in recent years, states hungry for tax profits in the wake of the financial crash have enacted a rash of looser gambling laws, gathering significant levies on gaming income.
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There are now 24 states with industrial casinos - [roughly double](https://thatswhathappened.wiki/index.php/User:DORFletcher) the number a years ago.
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Despite the main restriction, which already exempts Nevada and three other states, illegal [sports betting](http://it-viking.ch/index.php/User:TerrenceSouthard) wagering is swarming in the US.
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Americans position about $154bn in prohibited [sports betting](https://inicknet.com/read-blog/2279_the-ins-and-outs-of-betting-on-the-nfl-draft.html) bets every year, according to the American Gaming Association.
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The [association's](https://seenoor.com/read-blog/441_things-you-need-to-know-about-rafting-adventures.html) president, Geoff Freeman, described the federal restriction, external as an "utter failure" earlier this year.
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It states the UK is an example of a nation where [sports betting](https://mgnm.uk/read-blog/3110_how-are-betting-odds-calculated.html) is commonplace.
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"It's time for Washington to stop depriving states of critical tax profits and allow them to gain the benefits of a regulated market," Mr Freeman stated.
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More than 15 states filed documents in assistance of New Jersey in the event. A handful have actually currently [passed laws](https://sosmed.almarifah.id/read-blog/1283_the-history-of-the-nfl-and-how-to-bet-on-it.html) to authorise [sports betting](https://meta.mactan.com.br/read-blog/23692_start-winning-with-pcg-college-football-picks.html) wagering in case of a modification.
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'Times have actually altered'
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On Monday, as attorneys began arguments for the Supreme Court, some more [conservative judges](https://palkwall.com/read-blog/27736_online-betting-firms-gamble-on-soccer-mad-nigeria.html) appeared sceptical of the existing law.
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The court is [expected](https://fishtanklive.wiki/User:LatiaDiederich) to make a decision in June 2018.
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"If we are successful here we could have bets being taken in New Jersey within 2 weeks of a decision by the court," said outbound New Jersey guv Chris Christie after attending the court hearing. "We're prepared in New Jersey - we're prepared to go."
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Regardless of the court's final ruling, Congress might likewise use up the dispute amid more comprehensive discussion about online video gaming and e-[sports betting](https://social.ishare.la/read-blog/1463_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html).
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Even some of the professional [sports betting](https://wiki.ragnaworld.net/index.php?title=User:JeffersonWentz8) leagues have actually started to change their positions on the question of [sports betting](https://peoplesmedia.co/read-blog/12850_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html).
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Adam Silver, [National Basketball](https://welcometohaiti.com/read-blog/18247_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) Association commissioner, supported a federal law that would create an [uniform](https://wiki.vst.hs-furtwangen.de/wiki/User:VedaFaircloth79) set of guidelines throughout the US. "Times have changed," he composed in a 2014 [viewpoint](https://social.ishare.la/read-blog/1452_the-ins-and-outs-of-betting-on-the-nfl-draft.html) piece, [external](https://dokuwiki.stream/wiki/User:WiltonMarzano).
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Addicts dealing with mobile [sports betting](https://dev.fleeped.com/read-blog/92_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html)
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3 October 2017
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The challenging problem of problem gambling
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31 August 2017
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