SBOBET ออนไลน์ – States Can Regulate Sports Betting • This Week in Gambling


The Supreme Court on Monday opened the door to an unprecedented expansion of legalized betting on college and professional sports, striking down a federal law that forbade states from authorizing such gambling.

The decision set off a rush among states to put plans in place — a New Jersey racetrack said it would offer sports betting within weeks — and could revolutionize spectator sports, with some envisioning real-time wagering at baseball stadiums on whether the next pitch will produce a hit or an out.

Casino stocks soared, and team owners wondered about future profits and a new way for fans to experience their product.

“This is a new frontier for professional sports,” Washington Wizards and Capitals owner Ted Leonsis said in a statement. “And teams who don’t seize on this opportunity will be left behind.”

Officially, the sports leagues and the NCAA, which governs college sports, were less celebratory and more worried — about a hodgepodge of state regulations to deal with, for one thing, as well as a threat to the integrity of their sports if the explosion of gambling leads to scandal.

More at Washington Post

Related Stories from This Week in Gambling:

  • Major Setback for New Jersey Sports Betting Challenge Advocates of expanded sports betting suffered a setback yesterday when the acting Solicitor General recommended that the Supreme Court decline to hear New Jersey’s appeal in its challenge to the federal government.

    The recommendation substantially diminishes the odds that the high […]
  • Kahnawake Plan to Operator Online Sports Betting Site The Canadian Gaming Association (CGA) is today calling on the Senate of Canada to bring Bill C290 to an immediate vote. Their inaction on the bill continues to foster an illegal, unregulated and dangerous environment for Canadian sports bettors.

    On June 2 the Mohawk Council of […]
  • New Jersey Sports Betting Case: Game On! In a move that few people expected, the U.S. Supreme Court has decided that they will hear New Jersey’s challenge to the federal ban on sports betting.

    While we wait to see how that battle plays out, we’re also looking at online gambling news coming out of the state.

    This week’s […]

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *