Will it be a slam dunk for the US sports betting wagering ban?
By Natalie Sherman
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Business reporter, New York
A ban on sports betting wagering in the majority of US states might be overturned by a case being considered by the Supreme Court.
The state of New Jersey is challenging the 1992 federal law that largely outlawed sports betting gaming, describing the matter as a "states' rights" issue.
The case, which started on Monday, comes after New Jersey residents enacted 2011 to legalise sports betting wagering.
A group of sports betting leagues opposes sports betting on games, which they fear will motivate match-fixing.
Lower courts have regularly ruled against New Jersey, stating it is within the power to restrict a state's policy alternatives.
The Supreme Court opted to hear the case nevertheless in the middle of a wider shift in American attitudes toward gambling.
Before 1976, Nevada - home of the Las Vegas strip - was the only state with legal casinos outside Native American lands.
But recently, states hungry for tax earnings in the wake of the monetary crash have enacted a rash of looser gaming laws, gathering hefty levies on gambling revenue.
There are now 24 states with commercial gambling establishments - roughly double the number a decade ago.
Despite the official restriction, which currently excuses Nevada and three other states, unlawful sports betting wagering is swarming in the US.
Americans place about $154bn in illegal sports betting bets every year, according to the American Gaming Association.
The association's president, Geoff Freeman, explained the federal restriction, external as an "utter failure" previously this year.
It states the UK is an example of a nation where sports betting wagering is commonplace.
"It's time for Washington to stop denying states of crucial tax earnings and permit them to gain the rewards of a regulated market," Mr Freeman stated.
More than 15 states submitted papers in support of New Jersey in the event. A handful have actually already passed laws to authorise sports betting wagering in case of a modification.
'Times have actually changed'
On Monday, as attorneys started arguments for the Supreme Court, some more conservative judges appeared sceptical of the existing law.
The court is anticipated to decide in June 2018.
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"If we succeed here we might have bets being taken in New Jersey within two weeks of a choice by the court," said outgoing New Jersey guv Chris Christie after participating in the court hearing. "We're prepared in New Jersey - we're prepared to go."
No matter the court's final judgment, Congress might also use up the debate amid more comprehensive conversation about online gaming and e-sports betting.
Even some of the professional sports betting leagues have started to alter their positions on the question of sports betting.
Adam Silver, National Basketball Association commissioner, supported a federal law that would develop an uniform set of rules across the US. "Times have actually changed," he composed in a 2014 opinion piece, external.
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Will it be a Slam Dunk for the US Sports Betting Ban?
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