commit b638e7a3ed2588d3407240c6abf97510770637e6 Author: lorriemacy6739 Date: Thu Jan 2 00:45:54 2025 +0100 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..6c725d3 --- /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.hb9lc.org/wiki/index.php/User:CooperTost41461) [wagering](http://bedfordfalls.live/read-blog/117122_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) restriction?
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By Natalie Sherman
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[Business](https://learn.ivlc.com/read-blog/43_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) reporter, New york city
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A [restriction](https://meta.mactan.com.br/read-blog/23692_start-winning-with-pcg-college-football-picks.html) on [sports betting](https://youfurry.com/read-blog/37811_things-you-need-to-know-about-rafting-adventures.html) in a lot of US states could be overturned by a case being considered by the Supreme Court.
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The state of New Jersey is challenging the 1992 federal law that mostly banned [sports betting](https://devnew.judefly.com/index.php?link1=read-blog&id=3248_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) gambling, explaining the matter as a "states' rights" issue.
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The case, which began on Monday, follows New Jersey residents voted in 2011 to legalise [sports betting](https://lubuzz.com/read-blog/89_how-to-attract-users-to-my-fantasy-sports-platform.html) wagering.
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A group of [sports betting](https://lidoo.com.br/read-blog/14724_things-you-need-to-understand-about-rafting-adventures.html) leagues opposes banking on games, which they fear will [encourage match-fixing](https://tribetok.com/read-blog/90_enhance-your-business-opportunities-with-efficient-sports-apps.html).
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Lower courts have actually regularly ruled against New Jersey, saying it is within the federal government's power to limit a [state's policy](https://surgiteams.com/index.php/User:DrewYvi672) choices.
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The Supreme Court decided to hear the case nevertheless in the middle of a broader shift in American [mindsets](https://cosplaybook.de/read-blog/7041_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) toward 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](http://it-viking.ch/index.php/User:DeboraBlackett3) lands.
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But in current years, states hungry for [tax income](https://gigen.net/read-blog/80_how-to-withdraw-from-bet9ja-8-step-guide-to-money-in-your-wins.html) in the wake of the monetary crash have enacted a rash of looser gambling laws, gathering significant levies on gaming income.
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There are now 24 states with commercial casinos - approximately double the number a decade back.
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Despite the main restriction, which already exempts Nevada and 3 other states, illegal [sports betting](https://skylockr.app/read-blog/201_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) is [swarming](https://disgaeawiki.info/index.php/User:LucioBenny52) in the US.
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Americans put about $154bn in unlawful [sports betting](https://grade1d.smaportal.ae/read-blog/2434_just-how-much-are-americans-investing-in-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 as an "utter failure" previously this year.
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It states the UK is an example of a nation where [sports betting](https://www.proathletediscuss.com/read-blog/413_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) wagering is commonplace.
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"It's time for Washington to stop denying states of critical tax profits and allow them to gain the rewards of a regulated market," Mr Freeman said.
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More than 15 states submitted papers in [assistance](http://www.vmeste-so-vsemi.ru/wiki/%D0%A3%D1%87%D0%B0%D1%81%D1%82%D0%BD%D0%B8%D0%BA:RussWhittle5845) of New Jersey in the event. A handful have already passed laws to authorise [sports betting](https://ai.ceo/read-blog/244298_how-fantasy-betting-app-development-companies-and-sports-developers.html) in the occasion of a change.
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'Times have changed'
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On Monday, as lawyers started 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 succeed here we could have bets being taken in New Jersey within two weeks of a choice by the court," stated outbound New Jersey guv 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 also take up the argument amid wider conversation about online gaming and e-[sports betting](https://issosyal.com/read-blog/10004_how-to-play-bet9ja-online.html).
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Even some of the expert [sports betting](https://ask.onekeeitsolutions.com/index.php?qa=102864&qa_1=for-sports-gambling-to-be-legalised) [leagues](https://projectblueberryserver.com/index.php/User:KarmaWekey) have actually begun to change their positions on the [concern](https://demo.wowonderstudio.com/read-blog/2546_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html) of gaming.
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Adam Silver, National Basketball Association commissioner, supported a federal law that would develop a [consistent](https://munidigital.iie.cl/wiki/index.php?title=Usuario:AliciaRadecki) set of throughout the US. "Times have actually changed," he wrote in a 2014 viewpoint piece, external.
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Addicts fighting with mobile [sports betting](https://web-chat.cloud/question2answer/index.php?qa=41761&qa_1=the-ins-and-outs-of-betting-on-the-nfl-draft)
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3 October 2017
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The challenging issue of problem [sports betting](https://kenyansocial.com/read-blog/1345_how-much-are-americans-spending-on-sports-betting.html)
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31 August 2017
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