From 2da237bad759ecf1e4814682b04d8ed7647e5b0d Mon Sep 17 00:00:00 2001 From: Normand Whittell Date: Fri, 17 Jan 2025 21:10:35 +0800 Subject: [PATCH] Add Will it be a Slam Dunk for the United States Sports Betting Ban? --- ...the-United-States-Sports-Betting-Ban%3F.md | 29 +++++++++++++++++++ 1 file changed, 29 insertions(+) create mode 100644 Will-it-be-a-Slam-Dunk-for-the-United-States-Sports-Betting-Ban%3F.md diff --git a/Will-it-be-a-Slam-Dunk-for-the-United-States-Sports-Betting-Ban%3F.md b/Will-it-be-a-Slam-Dunk-for-the-United-States-Sports-Betting-Ban%3F.md new file mode 100644 index 0000000..abcec5c --- /dev/null +++ b/Will-it-be-a-Slam-Dunk-for-the-United-States-Sports-Betting-Ban%3F.md @@ -0,0 +1,29 @@ +
Will it be a slam dunk for the US [sports betting](https://gayplatform.de/read-blog/3770_the-ins-and-outs-of-betting-on-the-nfl-draft.html) wagering [restriction](http://lifethelife.com/read-blog/4908_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html)?
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By Natalie Sherman
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Business reporter, New York
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A restriction on [sports betting](http://africa2063.iambrandsdev.com/read-blog/6482_for-sports-gambling-to-be-legalised.html) in most US states might be overturned 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 mainly disallowed [sports betting](https://cittaviva.net/read-blog/21834_things-you-need-to-understand-about-rafting-adventures.html) gaming, describing the matter as a "states' rights" problem.
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The case, which started on Monday, follows New Jersey citizens enacted 2011 to legalise [sports betting](https://bexopro.com/read-blog/2788_why-every-cricket-fan-must-try-the-all-cricket-id-gaming-platform.html) wagering.
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A group of [sports betting](https://accc.rcec.sinica.edu.tw/mediawiki/index.php?title=User:AguedaNeubauer) leagues opposes [banking](https://lovn1world.com/read-blog/2424_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) on games, which they fear will encourage match-fixing.
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Lower courts have regularly ruled versus New Jersey, saying it is within the power to restrict a state's policy alternatives.
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The Supreme Court opted to hear the case nevertheless in the middle of a wider shift in American mindsets toward gambling.
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Before 1976, Nevada - home of the Las Vegas strip - was the only state with legal gambling [establishments](http://www.asystechnik.com/index.php/Benutzer:FrancescaColson) outside Native American lands.
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But recently, states starving for [tax revenue](https://younetwork.app/read-blog/8716_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) in the wake of the monetary crash have [enacted](https://chatkc.com/read-blog/519_just-how-much-are-americans-investing-in-sports-betting.html) a rash of looser [sports betting](https://namesdev.com/read-blog/15185_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) laws, collecting large levies on gaming revenue.
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There are now 24 states with business casinos - approximately double the number a years earlier.
[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) +
Despite the official restriction, which currently excuses Nevada and three other states, prohibited [sports betting](http://www.seferpanim.com/read-blog/360_how-to-withdraw-from-bet9ja-8-step-guide-to-cash-in-your-wins.html) is rife in the US.
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Americans place about $154bn in prohibited [sports betting](https://social.ppmandi.com/read-blog/233_the-history-of-the-nfl-and-how-to-bank-on-it.html) bets every year, according to the American Gaming Association.
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The association's president, Geoff Freeman, described the federal restriction, [external](https://collegetalks.site/read-blog/11876_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) as an "utter failure" earlier this year.
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
It states the UK is an example of a nation where [sports betting](https://southwales.com/read-blog/342_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) is [prevalent](https://wiki.vst.hs-furtwangen.de/wiki/User:MarilynnKesteven).
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"It's time for Washington to stop denying states of important tax income and permit them to reap the rewards of a regulated market," Mr Freeman said.
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More than 15 states submitted documents in [assistance](https://www.athleticzoneforum.com/read-blog/752_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) of New Jersey in the case. A handful have already passed laws to authorise [sports betting](https://www.sadobook.com/read-blog/310_just-how-much-are-americans-investing-in-sports-betting.html) in the occasion of a change.
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'Times have changed'
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On Monday, as legal representatives started arguments for the Supreme Court, some more conservative judges appeared sceptical of the existing law.
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The court is expected to make a decision in June 2018.
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"If we are effective here we might have bets being taken in New Jersey within 2 weeks of a decision by the court," said outbound New Jersey guv Chris Christie after going to the court hearing. "We're prepared in New Jersey - we're all set to go."
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Regardless of the court's last ruling, Congress might also take up the debate amid broader discussion about online video gaming and e-[sports betting](https://demo.wowonderstudio.com/read-blog/2588_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html).
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
Even some of the professional [sports betting](https://pullmycrowd.com/read-blog/1212_start-off-winning-with-pcg-college-football-picks.html) leagues have actually begun to change their [positions](https://pittsburghpenguinsclub.com/read-blog/11605_for-sports-gambling-to-be-legalised.html) on the question of [sports betting](https://globalairgunner.com/read-blog/20096_sport-betting-industry-seeks-to-protect-itself.html).
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Adam Silver, National Basketball Association commissioner, supported a federal law that would develop an uniform set of guidelines across the US. "Times have altered," he wrote in a 2014 viewpoint piece, external.
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[Addicts fighting](https://www.contraband.ch/read-blog/41800_how-to-play-bet9ja-online.html) with mobile wagering
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3 October 2017
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
The difficult problem of issue gambling
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31 August 2017
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