commit 792932da219a3a39b7ec39d52a0a04a11a287cc4 Author: mckinleyperron Date: Thu Jan 2 01:41:40 2025 +0000 Add Will it be a Slam Dunk for the US Sports Betting Ban? 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..492474d --- /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://infinirealm.com/read-blog/8267_sport-betting-industry-aims-to-protect-itself.html) wagering ban?
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By Natalie Sherman
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Business reporter, New york city
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A ban on [sports betting](https://www.facetwig.com/read-blog/96065_things-you-need-to-understand-about-rafting-adventures.html) wagering in many US states could be overturned by a case being thought about by the Supreme Court.
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The state of New Jersey is [challenging](https://hcsxy2024.com/read-blog/2057_missouri-sports-betting-ballot-measure-approved-by-voters.html) the 1992 federal law that largely forbade [sports betting](https://sportify.brandnitions.com/read-blog/20_enhance-your-business-opportunities-with-efficient-sports-apps.html) gambling, explaining the matter as a "states' rights" concern.
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The case, which began on Monday, comes after New Jersey homeowners enacted 2011 to [legalise](https://www.tobeop.com/score-big-wins-how-sports-betting-software-drives-growth-and-engagement/) [sports betting](https://wikibase.imfd.cl/wiki/User:AhmedCohn8).
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A group of [sports betting](http://yijichain.com/read-blog/15175_how-to-attract-users-to-my-fantasy-sports-platform.html) leagues opposes banking on games, which they fear will encourage match-fixing.
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Lower courts have actually consistently ruled versus New Jersey, stating it is within the federal government's power to restrict a state's policy alternatives.
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The Supreme Court decided to hear the case however amidst a broader shift in [American](https://bence.net/read-blog/6356_sport-betting-industry-wants-to-protect-itself.html) [attitudes](https://afrocinema.org/read-blog/44830_things-you-need-to-understand-about-rafting-adventures.html) towards gaming.
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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 the last few years, states starving for [tax earnings](https://we2chat.net/read-blog/26346_how-to-play-bet9ja-online.html) in the wake of the financial crash have actually a rash of looser [sports betting](https://ask.onekeeitsolutions.com/index.php?qa=102864&qa_1=for-sports-gambling-to-be-legalised) laws, collecting substantial levies on gaming profits.
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There are now 24 states with [business gambling](https://wiki.snooze-hotelsoftware.de/index.php?title=Benutzer:CharlotteSlessor) establishments - approximately double the number a years earlier.
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Despite the official restriction, which already excuses Nevada and three other states, illegal [sports betting](https://web-chat.cloud/question2answer/index.php?qa=55143&qa_1=the-ins-and-outs-of-betting-on-the-nfl-draft) wagering is [swarming](https://clik.social/read-blog/19031_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) in the US.
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Americans put about $154bn in prohibited [sports betting](https://thefreedommovement.ca/read-blog/19381_how-much-are-americans-spending-on-sports-betting.html) bets every year, according to the American Gaming Association.
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The association's president, Geoff Freeman, explained the federal ban, [external](https://soucial.net/read-blog/7625_compare-amp-review-oddsjet-de.html) as an "utter failure" earlier this year.
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It says the UK is an example of a nation where [sports betting](http://milkywaystars.site/read-blog/3027_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) wagering is prevalent.
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"It's time for Washington to stop denying states of important tax earnings and enable them to enjoy the rewards of a regulated market," Mr Freeman said.
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More than 15 states submitted papers in support of New Jersey in the case. A handful have already passed laws to authorise [sports betting](https://peekz.eu/read-blog/251_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) wagering in case of a [modification](https://ai.holiday/read-blog/12049_the-ins-and-outs-of-betting-on-the-nfl-draft.html).
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'Times have altered'
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On Monday, as attorneys started arguments for the Supreme Court, some more conservative judges [appeared](https://southwales.com/read-blog/340_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) sceptical of the existing law.
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The court is anticipated to decide 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 choice by the court," said outgoing New Jersey governor Chris Christie after going to the court hearing. "We're prepared in New Jersey - we're ready to go."
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Regardless of the court's last ruling, Congress may likewise take up the debate amidst broader conversation about online gaming and e-[sports betting](https://origintraffic.com/read-blog/1681_just-how-much-are-americans-spending-on-sports-betting.html).
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Even a few of the expert [sports betting](https://ai.holiday/read-blog/12051_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) leagues have begun to alter their positions on the question of [gambling](https://mysuccessdarpan.com/read-blog/12473_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html).
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Adam Silver, National Basketball Association commissioner, supported a federal law that would produce an uniform set of rules throughout the US. "Times have actually altered," he composed in a 2014 opinion piece, external.
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[Addicts fighting](https://sensualmarketplace.com/read-blog/6745_just-how-much-are-americans-investing-in-sports-betting.html) with mobile [sports betting](https://tribetok.com/read-blog/96_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html)
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3 October 2017
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The difficult issue of problem [sports betting](https://collegetalks.site/read-blog/12004_for-sports-gambling-to-be-legalised.html)
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31 August 2017
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