From 35829b852f1ba67b5d5d8ab9241f2779c2a00674 Mon Sep 17 00:00:00 2001 From: maniemartz3749 Date: Thu, 2 Jan 2025 09:52:36 +0800 Subject: [PATCH] Add Will it be a Slam Dunk for the US Sports Betting Ban? --- ...a-Slam-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..98c8cbb --- /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://www.jaitun.com/read-blog/15238_how-fantasy-betting-app-development-companies-and-sports-developers.html) wagering ban?
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By Natalie Sherman
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[Business press](http://bedfordfalls.live/read-blog/113184_online-betting-firms-gamble-on-soccer-mad-nigeria.html) reporter, New york city
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A ban on [sports betting](https://peoplesmedia.co/read-blog/13112_for-sports-gambling-to-be-legalised.html) [wagering](https://social.myschoolfriend.ng/read-blog/40754_sport-betting-industry-aims-to-protect-itself.html) in a lot 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 the 1992 federal law that mostly banned [sports betting](http://bedfordfalls.live/read-blog/113610_just-how-much-are-americans-investing-in-sports-betting.html), describing the matter as a "states' rights" problem.
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The case, which began on Monday, follows New Jersey locals enacted 2011 to legalise [sports betting](https://online-learning-initiative.org/wiki/index.php/User:EZSJudy148) wagering.
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A group of [sports betting](https://www.hb9lc.org/wiki/index.php/User:SharynCross09) leagues opposes [wagering](https://encone.com/read-blog/46235_why-every-cricket-fan-must-try-the-all-cricket-id-gaming-platform.html) on video 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 choices.
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The Supreme Court chose to hear the case nevertheless amid a larger 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 casinos outside Native American lands.
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But recently, states [starving](https://social.myschoolfriend.ng/read-blog/40780_missouri-sports-betting-ballot-measure-approved-by-voters.html) for tax earnings in the wake of the [monetary crash](https://customerscomm.com/read-blog/3720_online-betting-firms-gamble-on-soccer-mad-nigeria.html) have actually enacted a rash of looser [sports betting](https://southwales.com/read-blog/340_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) laws, collecting substantial levies on [sports betting](https://drapia.org/11-WIKI/index.php/User:VirgieThiel23) earnings.
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There are now 24 states with commercial casinos - roughly double the number a decade ago.
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Despite the official restriction, which already [excuses Nevada](https://nuo18.lt/read-blog/68705_things-you-need-to-understand-about-rafting-adventures.html) and 3 other states, illegal [sports betting](https://www.jaitun.com/read-blog/15206_just-how-much-are-americans-investing-in-sports-betting.html) is swarming in the US.
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[Americans](https://camlive.ovh/read-blog/2360_for-sports-gambling-to-be-legalised.html) put about $154bn in unlawful [sports betting](http://yijichain.com/read-blog/15175_how-to-attract-users-to-my-fantasy-sports-platform.html) bets every year, according to the American Gaming Association.
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The association's president, Geoff Freeman, explained the federal restriction, external as an "utter failure" earlier this year.
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It states the UK is an example of a country where [sports betting](https://philadelphiaflyersclub.com/read-blog/8449_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) is prevalent.
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"It's time for Washington to stop denying states of important tax earnings and permit them to reap 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 case. A handful have actually already passed laws to authorise [sports betting](https://namesdev.com/read-blog/15166_begin-winning-with-pcg-college-football-picks.html) [wagering](https://wiki.vst.hs-furtwangen.de/wiki/User:VedaFaircloth79) in case of a [modification](https://farmwoo.com/read-blog/9545_how-are-betting-odds-calculated.html).
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'Times have altered'
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On Monday, as legal representatives began arguments for the Supreme Court, some more conservative judges appeared 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 could have bets being taken in New Jersey within two weeks of a decision by the court," said outgoing New Jersey governor Chris Christie after participating in the [court hearing](https://heatwave.app/read-blog/389_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html). "We're prepared in New Jersey - we're all set to go."
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Despite the [court's](https://pipewiki.org/wiki/index.php/User:ArlethaE75) last ruling, Congress might likewise use up the debate amid more [comprehensive](http://yijichain.com/read-blog/15123_enhance-your-business-opportunities-with-efficient-sports-apps.html) conversation about online gaming and e-[sports betting](https://www.womplaz.com/read-blog/103_the-ins-and-outs-of-betting-on-the-nfl-draft.html).
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Even some of the professional [sports betting](https://pipewiki.org/wiki/index.php/User:LeonieBlackwood) leagues have actually begun to alter their positions on the question of gambling.
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Adam Silver, National Basketball Association commissioner, supported a federal law that would create an uniform set of rules throughout the US. "Times have actually changed," he wrote in a 2014 opinion piece, external.
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Addicts dealing with mobile wagering
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3 October 2017
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The challenging issue of problem gambling
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31 August 2017
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