Optimistics prospects for sports betting legalisation
New Jersey’s attempt of legalising the sports betting industry is facing an optimistic perspective.
US.- The United States Supreme Court has scheduled a date to hear oral arguments on the sports betting case in the State of New Jersey, opening the possibility of allowing operations in every state that approves regulations on the industry. According to experts, the Supreme Court’s decision of setting the date leads to an optimistic perspective in favour of gaming expansion in the country.
“The court will consider oral submissions on December 4 in a case brought by New Jersey that seeks to overturn the effect of the 1992 Professional and Amateur Sports Protection Act (PASPA), which outlaws sports betting in all but four states,” states the official report issued earlier this week.
PASPA, a sports protection act that was passed in 1992, prevents states from offering gambling lines on sports. Nevada, Oregon, Delaware, and Montana were granted special exemptions, as all four of those states were offering some variation of sports lotteries back in 1992. The American Gaming Association said in January that they are encouraged that the U.S. Supreme Court has expressed interest in the problems posed by PASPA, the failed law that fuels a US$150 billion illegal sports betting market.
The New Jersey Thoroughbred Horseman’s Association, along with representatives acting for New Jersey, stated their case in legal briefs before the US Supreme Court meets to hear the oral arguments in the case that wants to repeal the PASPA Act and allow states to decide whether they want to offer sports betting or not.
