From 8666332d70b1fda478f856654e343f94e8c477a7 Mon Sep 17 00:00:00 2001 From: leandramckeel6 Date: Fri, 17 Jan 2025 12:49:28 +0900 Subject: [PATCH] Update 'Will it be a Slam Dunk for the US Sports Betting Ban?' --- ...m-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..6ba0e33 --- /dev/null +++ b/Will-it-be-a-Slam-Dunk-for-the-US-Sports-Betting-Ban%3F.md @@ -0,0 +1,29 @@ +[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
Will it be a slam dunk for the US [sports betting](http://archmageriseswiki.com/index.php/User:JeniferBudd2887) 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://social.engagepure.com/read-blog/807_things-you-need-to-know-about-rafting-adventures.html) wagering in many US states might be overturned by a case being thought about by the Supreme Court.
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The state of New Jersey is challenging the 1992 federal law that mainly banned [sports betting](https://chatkc.com/read-blog/426_how-to-play-bet9ja-online.html) gambling, describing the matter as a "states' rights" issue.
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The case, which started on Monday, comes after New Jersey homeowners enacted 2011 to legalise [sports betting](https://micircle.in/read-blog/433_how-to-play-bet9ja-online.html).
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A group of [sports betting](https://taar.me/read-blog/8445_enhance-your-business-opportunities-with-efficient-sports-apps.html) leagues opposes [wagering](https://socialsmerch.com/read-blog/10560_the-ins-and-outs-of-betting-on-the-nfl-draft.html) on games, which they fear will encourage match-fixing.
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Lower courts have actually consistently ruled versus New Jersey, saying it is within the federal government's power to restrict a state's policy choices.
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The Supreme Court decided to hear the case nonetheless amid a wider shift in American attitudes towards gaming.
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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 in the last few years, states starving for tax revenue in the wake of the financial crash have enacted a rash of looser [sports betting](https://mediawiki1263.00web.net/index.php/User:TamieMartz7) laws, gathering large levies on gambling profits.
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There are now 24 states with [commercial casinos](https://sahabatcasn.com/read-blog/200_for-sports-gambling-to-be-legalised.html) [- roughly](https://mediawiki1263.00web.net/index.php/User:TamieMartz7) double the number a years back.
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Despite the main ban, which already excuses Nevada and 3 other states, illegal [sports betting](https://chatkc.com/read-blog/488_just-how-much-are-americans-investing-in-sports-betting.html) is swarming in the US.
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Americans place about $154bn in illegal [sports betting](https://cozwo.com/read-blog/8819_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) bets every year, according to the American Gaming Association.
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The association's president, Geoff Freeman, described the federal ban, [external](https://accc.rcec.sinica.edu.tw/mediawiki/index.php?title=User:JonathonBarth) as an "utter failure" previously this year.
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It says the UK is an example of a nation where [sports betting](http://woorichat.com/read-blog/10324_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) is prevalent.
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"It's time for Washington to stop depriving states of important tax revenue and allow them to reap the benefits of a regulated market," Mr Freeman stated.
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More than 15 states filed papers in [support](http://wiki.faramirfiction.com/index.php?title=User:FerminRolfe) of New Jersey in the event. A [handful](https://welcometohaiti.com/read-blog/15861_the-ins-and-outs-of-betting-on-the-nfl-draft.html) have currently passed laws to authorise [sports betting](https://globalunitedspirits.com/read-blog/3471_just-how-much-are-americans-spending-on-sports-betting.html) in the event of a change.
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'Times have changed'
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On Monday, as attorneys began [arguments](https://mixup.wiki/index.php/User:ClaudeSaenger12) for the Supreme Court, some more conservative judges appeared sceptical of the [existing](https://timeoftheworld.date/wiki/User:HildredBodin) law.
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The court is to make a choice in June 2018.
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"If we succeed here we might have bets being taken in New Jersey within 2 weeks of a decision by the court," [stated outgoing](https://lets.chchat.me/read-blog/1812_the-history-of-the-nfl-and-how-to-bet-on-it.html) New [Jersey governor](https://hcsxy2024.com/read-blog/2051_how-fantasy-betting-app-development-companies-and-sports-developers.html) Chris Christie after going to the court hearing. "We're prepared in New Jersey - we're prepared to go."
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Regardless of the court's final judgment, Congress may also use up the debate amidst more comprehensive discussion about [online video](https://globalabout.com/read-blog/16980_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) gaming and e-[sports betting](https://inicknet.com/read-blog/2282_for-sports-gambling-to-be-legalised.html).
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Even some of the professional [sports betting](https://tartar.app/read-blog/1717_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html) leagues have actually started to alter their positions on the [question](https://wow.t-mobility.co.il/read-blog/42_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) of gambling.
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Adam Silver, National Basketball [Association](https://camlive.ovh/read-blog/2498_sport-betting-industry-wants-to-protect-itself.html) commissioner, supported a federal law that would create an uniform set of guidelines across the US. "Times have changed," he wrote in a 2014 [opinion](https://camlive.ovh/read-blog/2496_just-how-much-are-americans-investing-in-sports-betting.html) piece, external.
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[Addicts dealing](https://wiki.whenparked.com/User:MarkusCreswick) with mobile wagering
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3 October 2017
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The tricky issue of issue [sports betting](https://ozoms.com/read-blog/11108_the-ins-and-outs-of-betting-on-the-nfl-draft.html)
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31 August 2017
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