How the U S Supreme Court gambling decision will affect esports

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How the U S Supreme Court gambling decision will affect esports

- kwese.espn.com
16 May 2018
The U.S. Supreme Court on Monday struck down the Professional and Amateur Sports Protection Act (PAPSA), which prohibited states from authorizing many forms of sports gambling. This is a landmark decision for the sports-betting industry, which now unlocks one of the largest gambling markets in the world. For nearly 26 years, Nevada has been the only state in the U.S. ...

States Won't Play Around With Online Wagering

16 May 2018
Today, illegal gambling represents a $150 billion business. Soon, however, the payments industry will be able to tap into that market legally, thanks to a recent decision by the Supreme Court to axe a federal law that prohibited gambling on sports in most U.S. states.
- pymnts.com

Supreme Court Opens the Door for States to Legalize Sports Betting

- jdsupra.com
16 May 2018
On May 14, 2018, the United States Supreme Court issued an opinion with nationwide ramifications that could create a potentially massive new industry. In Murphy v. National Collegiate Athletic Association , the Court found that the Professional and Amateur Sports Protection Act (PASPA), a 1992 federal law that purports to make it unlawful for states "to sponsor, operate, ...

NHL's road to gambling revenue lengthy despite Supreme Court ruling

16 May 2018
"The Supreme Court's decision today may well pave the way for increased, widespread, legalized gambling on sports throughout the United States. While this has the potential to have a positive impact upon sports, fans, and players, it is very important that players' rights are protected in any new legislative schemes, including rights of privacy and publicity. We look ...
- sportsnet.ca

SCOTUS betting decision will deter

- espnfc.us
16 May 2018
The sporting world in the United States is about to change and become something unrecognisable. Monday's decision from the U.S. Supreme Court to overturn the Professional and Amateur Sports Protection Act (PASPA) legislation that has, for decades, outlawed sports betting in the U.S. is a very big deal.

ETCentric

16 May 2018
The U.S. Supreme Court, in a 6-3 opinion written by Justice Samuel Alito, struck down the 1992 Professional and Amateur Sports Protection Act (PASPA), a federal law stipulating that states could not "sponsor, operate, advertise, promote, license, or authorize" sports gambling. The ruling, which sided with a challenge brought by New Jersey, now opens the door for states to ...
- etcentric.org

SCOTUS gambling decision a boon for sports media companies

- cjr.org
16 May 2018
The impact of the Court's decision won't be felt all at once. Sports gambling had previously been fully legal in Nevada alone, and New Jersey is the only state immediately affected. But the door is now open for others to implement a framework that would make betting legal in their states. Media companies--from local sports pages to targeted, subscription-based ...

After Supreme Court Ruling, Sports Betting Will Become Major Issue in State Capitols

16 May 2018
"The Supreme Court's decision is a huge win, not just for states that want to legalize sports betting but for everyone who believe the right to make such decisions belongs to state voters," says Michelle Minton, a consumer policy expert for CEI and author of their report. "States should now consider how best to shrink the illegal gambling market, protect consumers, and ...
- reason.com

Supreme Court has repealed PASPA

- betfinder.co.uk
16 May 2018
The decision has been welcomed by the American Gaming Association (AGA) who declared: "The Supreme Court's decision is a victory for millions of Americans who want to bet on sports in a safe and regulated manner." It is believed Americans currently place $150bn (EUR125bn) a year in illegal sports bets.

How the Supreme Court Decison on Sports Gambling Impacts the NBA

16 May 2018
Yesterday, the Supreme Court ruled in favor of New Jersey to overturn the Professional and Amateur Sports Protection Act (1992), leaving it up to the state governments to legalize sports gambling. Currently, it is only legal in Delaware, Montana, Nevada, and Oregon. However, with the recent Supreme Court decision, it seems many more states will be making attempts to ...
- lastwordonprobasketball.com

Don't bet on legal sports betting anytime soon in Texarkana

- texarkanagazette.com
16 May 2018
A federal law called the Professional and Amateur Sports Protection Act, backed by pro and college sports, was passed in 1992 to keep things that way and guarantee the purity of sports would not be negatively impacted by the further expansion of legal gambling.

Winners and losers after Supreme Court's ruling on sports betting

16 May 2018
"People who like to bet should be pretty happy," says Schwartz. The nation's serious sports gamblers will be happy with the freedom to leave behind bookies and sketchy offshore gambling sites. But legalized sports betting can also be a boon to the average, casual sports fan. As Kishner notes, betting on sports has hardly been reserved for shadowy gamblers: "It's a part of ...
- yogonet.com

How the Supreme Court's Decision on Sports Betting May Influence ESPN's Programming

- adweek.com
16 May 2018
After his network's upfront presentation today, ESPN president Jimmy Pitaro told reporters that Monday's Supreme Court ruling--which strikes down a 1992 federal law prohibiting betting on college and professional sports--presents an interesting programming opportunity for "the worldwide leader in sports."

Casino Stocks to Buy Now that Sports Betting is Legal

16 May 2018
On Monday, the Supreme Court overturned a quarter-century-old law prohibiting people from gambling on sports outside the state of Nevada. Now, states will be allowed to decide for themselves whether to legalize sports betting, thus unlocking what could potentially be a $4 billion market. Needless to say, that's great news for casino stocks.
- cabotwealth.com

SCOTUS betting decision will deter

- espnfc.com
16 May 2018
The European Gaming and Betting Association, an industry lobby group, has reported its belief that of all non-horserace betting in Asia's illegal gambling market, soccer accounts for between 70 percent and 85 percent of turnover. This makes it an obvious target for the fixers. People such as Wilson Raj Perumal, a self-confessed global match-fixer who operated from premises ...

Major sports leagues react to Supreme Court decision on sports gambling The Americas Latest News & Entertainment Platform

16 May 2018
The Supreme Court Monday ruled that it would allow states to individually legalize sports gambling. The NCAA, MLB, NFL and NBA responded to the decision, with mixed reactions. Zach Zagger, an attorney and senior reporter at Law 360, joins CBSN to discuss the latest.
- watsupamericas.com

Sports Betting Ban Lifted in the U S by Supreme

- ca.crazyvegas.com
16 May 2018
Previously, U.S fans were able to place eSports bets on skin gambling and daily fantasy. However, with the passing of sports betting law, this could change. There has also been an increase in eSports betting among operators. Some of the operators include; Betway and William Hill.

How is Washington affected by Supreme Court decision to overturn federal ban on sports gambling

16 May 2018
The high court struck down the 1992 Professional and Amateur Sports Protection Act (PASPA), which had allowed some sports gaming only in the "grandfathered'' states of Nevada, Delaware, Oregon and Montana. Of the four, only Nevada was allowed to offer gambling on the results of a single game.
- seattletimes.com

Supreme Court Rules States Are Free To Legalize Sports Betting

- npr.org
16 May 2018
The law called the Professional and Amateur Sports Protection Act, passed in 1992, prohibited sports betting, except in four states where it had already been legalized -- Nevada, Delaware, Montana and Oregon. It gave the other states one year to legalize such betting, if they wanted to do so.

What the Supreme Court's sports gambling decision means

16 May 2018
The Supreme Court on Monday ruled in favor of New Jersey in the case that was formerly known as Chris Christie vs. NCAA (Christie's name has been supplanted by Phil Murphy, the state's new governor), striking down a 25-year old federal law known as the Professional and Amateur Sports Protection Act (PASPA) that largely outlawed sports betting outside Nevada.
- washingtonpost.com

Supreme Court ruling in favor of sports betting is a win for everyone

- vegasfanshop.com
16 May 2018
They finally found their vindication on Monday, when the Supreme Court repealed PASPA by a 6-3 vote to allow states to make their own decision on the legality of sports betting. New Jersey, which began the push to legalize six years ago, could begin taking bets as soon as two weeks from now with several states expected to follow suit in the ensuing months and years.

Today's Supreme Court Decision Means New Frontier for Spo

16 May 2018
Sports betting is built on a rock-solid foundation of data, plain and simple. The more data a fan has about a player or a team, the better he or she can predict the outcome of a game, or a possession or a play. And as our data analytics have gotten better, sports betting has only gotten more popular. A 2017 gaming industry study estimated that offshore bookmakers are ...
- tedstake.monumentalsportsnetwo...

Webis Holdings PLC welcomes US Supreme Court decision to lift the ban on sports wagering

- proactiveinvestors.co.uk
16 May 2018
betinternet.com is a full-featured sportsbook portal, with fixed-odds betting available on all of the major global sports including Football, US Sports, Golf, Tennis, Motor Racing amongst others. Through this portal, customers can also access an instant, download and live dealer casino as well as a suite of fixed-odds games, European Wagering Services (EWS) owns a ...

United States Supreme Court lifts Federal ban on sports betting

16 May 2018
"This is not just a positive for Tioga Downs, but for the entire country," commented Tioga Downs owner Jeff Gural. "Sports betting has long been a black-market activity that many engage in, however now that there is the option for legalized wagering, many States can bring jobs and tax revenue that weren't previously possible. Many customers come to Tioga Downs to watch ...
- calvinayre.com

Hockey 'Doesn't Lend Itself To Gambling

- legalsportsreport.com
16 May 2018
The NHL's share of the four sports leagues' betting handles is notably higher than 3 to 4 percent. The $1.8 billion football and $1.4 billion basketball figures compose both professional and college betting handles for those sports. NGC data does not separate the two figures out.

States Can Legalize Sports Gambling, U S Supreme Court Rules

16 May 2018
Some of the biggest gains were seen by non-U.S. betting parlor and online operators that have already been taking wagers on sports in other countries. William Hill Plc , one of the U.K.'s largest betting-shop operators, rose 11 percent. William Hill operates the largest number of sports books in Nevada. Stars Group, a Canadian company that operates the PokerStars brand, ...
- bloomberg.com

Supreme Court strikes down federal law prohibiting sports gambling

- espn.com
16 May 2018
One research firm estimated before the ruling that if the Supreme Court were to strike down PASPA, 32 states would likely offer sports betting within five years. The American Gaming Association estimates that Americans illegally wager about $150 billion on sports each year.

Tuscarawas Valley lawmakers have concerns over legalized sports gambling Times Reporter

16 May 2018
"However, I know that in Ohio as well as across the country the amount of illegal betting in offshore black markets dwarfs the sports betting in legal venues like Nevada. Some people place the amount of illegal betting in offshore venues at as much as $150 billion nationwide per year."
- timesreporter.com

Supreme Court Legalizes Sports Betting

- itnshow.com
16 May 2018
In 2011 the state of New Jersey approved sports betting in their legislature to help failing casinos in a down economy. The measure was swiftly challenged by professional sports leagues (the NFL, NBA and MLB among others) along with the NCAA. The main concern for the leagues was the integrity of their sports saying legalized wagering would turn their activities into ...

Supreme Court Made The Right Call In Leaving Betting To The States

16 May 2018
The NCAA and the four major professional sports leagues sued and were granted an injunction against the New Jersey law. The U.S. Court of Appeals for the Third Circuit affirmed, holding that the Sports Wagering Act violated PASPA's prohibition against a state's authorizing sports betting, but also adding that nothing in PASPA's text "requires that the states keep any law ...
- thefederalist.com

Bookies are laughing' at the state's high tax rate

- billypenn.com
16 May 2018
"In addition to providing sports enthusiasts with a better, safer environment, today's Supreme Court decision will redirect revenue previously lost to the black market and instead generate much needed tax revenue at state and local levels," said Greg Carlin, CEO of Rush Street Gaming, which operates SugarHouse Casino in Fishtown. "We look forward to adding sports betting ...

Supreme Court Betting on College Sports

16 May 2018
The people of New Jersey want to legalize sports gambling but PASPA makes it illegal for States to legalize any "sports gambling schemes." The people of New Jersey argued that this federal law infringed upon the State's sovereign authority. The State relied upon two cases; New York v. US (1992) and Printz v. US (1997) that struck down federal laws that imposed improper ...
- blog.tenthamendmentcenter.com
#SupremeCourt      #NewJersey      #AmateurSportsProtectionAct      #UsSupremeCourt     
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