Ted Leonsis, Wizards and Capitals owner, praises sports betting ruling

15 May, 2018, 03:38 | Author: Arnold Perez
  • Supreme Court makes sports betting a possibility nationwide

Ruling in a New Jersey case, the court said the 1992 law unconstitutionally forced states to maintain laws that ban gambling.

"Today the United States Supreme Court issued a clear decision that PASPA is unconstitutional, reversing the lower courts that held otherwise", NCAA chief legal officer Donald Remy said in a statement.

However, just because gambling laws could be passed in several states, that doesn't mean you'll be able to place bets starting tomorrow. "I think this is something that benefits everybody even tangentially associated with sports". Nevada was exempted from the law and sports lotteries were allowed to continue in several other states. State Assemblyman Adam Gray, D-Merced, is now moving forward with a proposed constitutional amendment that would make sports gambling legal in California, said spokesman Adam Capper. Danny Martiny, R-Metairie, said about the impact of Monday's high court decision and legislature's failure to back bills that would prepare for legalized sports betting. Neighboring states such as Arkansas and MS approved legislation that would allow the gaming to take place, but Louisiana denied legislation that would have put the issue up for voters this fall.

The lawsuit itself was brought by the most hated former-Gov.in New Jersey's history, Chris Christie, but the current New Jersey Gov. Phil Murphy has found himself basking in his state's the victory. Christie said his state's "long experience" of casino gaming shows that New Jersey can appropriately regulate sports gaming. Monmouth Park Racetrack in the northern part of the state has been particularly eager to begin sports betting. Gov. Tom Wolf (D-Pa.) signed a bill past year that authorized sports books at Pennsylvania's casinos along with mobile and online sports betting. State finance secretary Rick Geisenberger told The Associated Press on Monday that full-scale sports gambling could be available at Delaware's three casinos by the end of June.

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Regardless of the time by which most casinos in the Magnolia State will have legal sports betting on their properties, MS most likely will gain a significant head start on its surrounding states. That case made its way to the Supreme Court, which overturned the 1992 Professional and Amateur Sports Protection Act the leagues cited in their case.

It is estimated that legalized sports betting could generate $6.03 billion in revenue above board and the pro leagues want a piece of it, most likely in a the form a small percentage of the action wagered in each particular sport. It argued taking its laws off the books was different from authorizing sports gambling.

The Oneida Nation announced on Monday that it will soon make sports betting available at its venues.



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