Several years ago, Monmouth Park inked a deal with sports betting conglomerate William Hill US to operate a sports book at the historic New Jersey track.
"The PASPA provision at issue here-prohibiting state authorization of sports gambling-violates the anticommandeering rule". According to ESPN, one research firm determined that 32 states will likely offer sports gambling within five years of the PASPA being struck down.
Though Congress banned most states in 1992 from enacting laws that legalize betting on sports, four states that had already set up sports lotteries - Nevada, Montana, Delaware and OR - all received grandfather protections from the new law.
The leagues successfully obtain an injunction in federal district court barring New Jersey from officially enacting the law.
The folks in Las Vegas won't like this decision much, but they could soon have a lot of competition in the sports-betting market.
New Jersey residents first approve a referendum to legalize sports betting in the state in November 2011. He said that "regardless of the particulars of any future sports betting law, the integrity of our game remains our highest priority".
The NBA and Major League Baseball, seeing the potential of PASPA's repeal, have pushed the idea of a 1% sports integrity fee. "It also protects consumers, who now may engage in the popular activity of sports betting with the security of knowing that their activities will be protected by reputable brands and appropriate regulations". So much confidence, in fact, that they're getting a head start to ensure that the transition, when approved, can and will happen swiftly. Only Nevada - which had legal sports gambling before its passage and was grandfathered in - was exempt.
The American Gaming Association estimates that Americans illegally wager about $150 billion on sports each year. The decision could open the door for as many as 25 states to pass similar laws permitting gambling on the outcome of sporting events.
Many proponents of the decision argued PASPA is out of touch with the current landscape of sports betting. How New York plays out could serve as a bellwether for the rest of the nation.
The Supreme Court ruled 6-3 to strike down the Professional and Amateur Sports Protection Act.
Could another federal law be on the horizon? .
"Until today, pari-mutuel wagering on horse racing has been the only legal form of sports wagering available throughout most of the United States at both physical locations and online", he said in a statement.
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