From b45c857d9990b92843671cedbea65e87fa49b54a Mon Sep 17 00:00:00 2001 From: qncpatrick0732 Date: Thu, 2 Jan 2025 14:59:55 +0800 Subject: [PATCH] Add Will it be a Slam Dunk for the United States Sports Betting Ban? --- ...the-United-States-Sports-Betting-Ban%3F.md | 29 +++++++++++++++++++ 1 file changed, 29 insertions(+) create mode 100644 Will-it-be-a-Slam-Dunk-for-the-United-States-Sports-Betting-Ban%3F.md diff --git a/Will-it-be-a-Slam-Dunk-for-the-United-States-Sports-Betting-Ban%3F.md b/Will-it-be-a-Slam-Dunk-for-the-United-States-Sports-Betting-Ban%3F.md new file mode 100644 index 0000000..ded7c8a --- /dev/null +++ b/Will-it-be-a-Slam-Dunk-for-the-United-States-Sports-Betting-Ban%3F.md @@ -0,0 +1,29 @@ +
Will it be a slam dunk for the US [sports betting](https://origintraffic.com/read-blog/1681_just-how-much-are-americans-spending-on-sports-betting.html) wagering restriction?
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By [Natalie](https://demo.shoudyhosting.com/qtoa/?qa=86959/sports-minister-tracey-crouch-resigns-delay-betting-crackdown) Sherman
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Business reporter, New York
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A restriction on [sports betting](https://mysuccessdarpan.com/read-blog/12340_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) wagering in many US states might 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 forbade [sports betting](https://chatkc.com/read-blog/497_how-fantasy-betting-app-development-companies-and-sports-developers.html) gaming, describing the matter as a "states' rights" issue.
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The case, which began on Monday, comes after New Jersey homeowners voted in 2011 to legalise [sports betting](https://social.stssconstruction.com/read-blog/21571_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html).
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A group of [sports betting](https://younetwork.app/read-blog/8721_things-you-need-to-understand-about-rafting-adventures.html) [leagues opposes](https://philadelphiaflyersclub.com/read-blog/8411_how-fantasy-betting-app-development-companies-and-sports-developers.html) [banking](https://www.kuyasia.com/read-blog/46_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) on video games, which they fear will motivate match-fixing.
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Lower courts have consistently ruled against New Jersey, stating it is within the federal government's power to limit a state's policy choices.
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The [Supreme Court](https://canadasimple.com/index.php/User:AuroraBirdsall9) chose to hear the case nonetheless in the middle of a wider shift in American attitudes toward [sports betting](https://systemcheck-wiki.de/index.php?title=Benutzer:EllisThrelkeld).
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Before 1976, Nevada - home of the Las Vegas strip - was the only state with outside Native American lands.
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But in the last few years, states starving for [tax earnings](https://encone.com/read-blog/46373_just-how-much-are-americans-spending-on-sports-betting.html) in the wake of the [monetary crash](https://namesdev.com/read-blog/15196_the-ins-and-outs-of-betting-on-the-nfl-draft.html) have enacted a rash of looser [sports betting](https://firstamendment.tv/read-blog/76072_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) laws, gathering significant levies on [sports betting](http://ringturbine.com:80/index.php/User:AVIArlen05) earnings.
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There are now 24 states with industrial casinos - [roughly double](https://philadelphiaflyersclub.com/read-blog/8411_how-fantasy-betting-app-development-companies-and-sports-developers.html) the number a decade back.
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Despite the main restriction, which currently exempts Nevada and three other states, unlawful [sports betting](https://accc.rcec.sinica.edu.tw/mediawiki/index.php?title=User:ReinaYancey) is rife in the US.
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Americans put about $154bn in unlawful [sports betting](https://mxlinkin.mimeld.com/read-blog/703_things-you-need-to-learn-about-rafting-adventures.html) bets every year, according to the American Gaming Association.
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The association's president, Geoff Freeman, described the federal restriction, external as an "utter failure" previously this year.
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It states the UK is an example of a country where [sports betting](https://netgork.com/read-blog/111684_how-to-play-bet9ja-online.html) is prevalent.
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"It's time for Washington to stop denying states of important tax earnings and allow them to reap the rewards of a regulated market," Mr Freeman stated.
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More than 15 states submitted documents in support of New Jersey in the event. A [handful](https://tribetok.com/read-blog/96_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) have already passed laws to authorise [sports betting](https://wiki.fablabbcn.org/User:ElizbethR14) wagering in the occasion of a modification.
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'Times have actually altered'
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On Monday, as attorneys began [arguments](https://theavtar.in/read-blog/30164_sport-betting-industry-wants-to-protect-itself.html) for the Supreme Court, some more conservative judges appeared sceptical of the existing law.
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The court is expected to make a choice in June 2018.
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"If we achieve success here we could have bets being taken in New Jersey within 2 weeks of a decision by the court," said outgoing New Jersey guv Chris Christie after [participating](https://social.ishare.la/read-blog/1411_how-much-are-americans-investing-in-sports-betting.html) in the court hearing. "We're prepared in New Jersey - we're ready to go."
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Despite the court's final ruling, Congress might also use up the debate amid broader discussion about online video gaming and e-[sports betting](http://it-viking.ch/index.php/User:KDVSilke9983).
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Even some of the professional [sports betting](https://www.matesroom.com/read-blog/1216_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) leagues have actually 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 create an uniform set of rules throughout the US. "Times have actually changed," he composed in a 2014 viewpoint piece, external.
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[Addicts dealing](https://bigtoc.com/read-blog/8949_how-fantasy-betting-app-development-companies-and-sports-developers.html) with mobile wagering
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3 October 2017
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The difficult problem of issue [sports betting](https://collegetalks.site/read-blog/11872_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html)
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31 August 2017
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