From 1745d7fd9afc10269c28883169d344532d241abd Mon Sep 17 00:00:00 2001 From: zakbaley565214 Date: Fri, 17 Jan 2025 04:57:03 +0800 Subject: [PATCH] Add 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..af45266 --- /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.etymologiewebsite.nl/wiki/Gebruiker:KatieWilbanks) restriction?
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By Natalie Sherman
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Business press reporter, New york city
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A [restriction](https://www.ayuujk.com/read-blog/141_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) on [sports betting](http://famedoot.in/read-blog/80_the-ins-and-outs-of-betting-on-the-nfl-draft.html) wagering 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](https://www.social.united-tuesday.org/read-blog/19466_the-ins-and-outs-of-betting-on-the-nfl-draft.html) the 1992 [federal law](https://nubiantalk.site/read-blog/12203_for-sports-gambling-to-be-legalised.html) that largely banned [sports betting](https://origintraffic.com/read-blog/1666_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html), [describing](https://namesdev.com/read-blog/15227_online-betting-firms-gamble-on-soccer-mad-nigeria.html) the matter as a "states' rights" issue.
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The case, which started on Monday, comes after New [Jersey residents](https://redmonde.es/read-blog/185_for-sports-gambling-to-be-legalised.html) voted in 2011 to legalise [sports betting](https://kiwiboom.com/read-blog/1819_the-ins-and-outs-of-betting-on-the-nfl-draft.html) wagering.
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A group of [sports betting](https://youfurry.com/read-blog/37857_the-ins-and-outs-of-betting-on-the-nfl-draft.html) leagues opposes [sports betting](https://bence.net/read-blog/6410_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) on video games, which they fear will encourage match-fixing.
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Lower courts have consistently ruled against New Jersey, saying it is within the [federal government's](https://youtoosocialnetwork.com/read-blog/1298_how-much-are-americans-investing-in-sports-betting.html) power to limit a state's policy [choices](https://gazanour.com/read-blog/7854_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html).
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The Supreme Court opted to hear the case nonetheless amidst a larger shift in [American](https://cittaviva.net/read-blog/21835_how-much-are-americans-investing-in-sports-betting.html) attitudes towards 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 lands.
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But recently, states starving for tax revenue in the wake of the financial crash have actually enacted a rash of looser gaming laws, substantial levies on gaming profits.
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There are now 24 states with business casinos - [roughly](http://wiki-tb-service.com/index.php?title=Benutzer:DonnyWerner) double the number a years ago.
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Despite the official restriction, which currently exempts Nevada and three other states, unlawful [sports betting](https://redmonde.es/read-blog/185_for-sports-gambling-to-be-legalised.html) is rife in the US.
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[Americans](https://clik.social/read-blog/19008_how-much-are-americans-spending-on-sports-betting.html) put about $154bn in prohibited [sports betting](https://peoplesmedia.co/read-blog/13122_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) bets every year, according to the American Gaming Association.
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The association's president, Geoff Freeman, explained the federal restriction, external as an "utter failure" previously this year.
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It says the UK is an example of a country where [sports betting](https://lixoro.de/read-blog/4092_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) is commonplace.
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"It's time for Washington to stop depriving states of vital tax income and allow them to enjoy the rewards of a regulated market," Mr Freeman stated.
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More than 15 states filed documents in assistance of New Jersey in the event. A handful have already passed laws to authorise [sports betting](http://ccrr.ru/read-blog/20860_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) wagering in case of a change.
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'Times have actually altered'
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On Monday, as attorneys began arguments for the Supreme Court, some more conservative judges appeared sceptical of the existing law.
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The court is expected to decide in June 2018.
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"If we are effective here we could have bets being taken in New Jersey within 2 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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No matter the court's last judgment, Congress might likewise use up the dispute amid wider discussion about online video gaming and e-[sports betting](https://forum.subchems.com/read-blog/3854_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html).
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Even some of the professional [sports betting](https://energypowerworld.co.uk/read-blog/144792_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) leagues have begun to change their positions on the concern of gaming.
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Adam Silver, National Basketball Association commissioner, supported a federal law that would develop an uniform set of guidelines throughout the US. "Times have actually altered," he composed in a 2014 viewpoint piece, external.
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Addicts battling with mobile wagering
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3 October 2017
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The tricky problem of issue [sports betting](https://lixoro.de/read-blog/4086_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html)
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31 August 2017
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