Sports betting oral hearings to take place today
The oral arguments in New Jersey’s appeal of the national federal ban on sports betting are set to take place today.
US.- The Supreme Court is scheduled to hear today the oral arguments in New Jersey’s appeal of the national federal ban on sports betting. The state is seeking the repeal of the PASPA act that prevents states from offering the sports gambling modality.
The date was set by the US Supreme Court back on October but won’t unveil the results of the case until mid-2018. The case is primarily centered around the fact that there is a US$150 billion illegal sports betting market in the United States each year. 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 case has gathered multiple support all across America, and the American Gaming Association (AGA) has called for the National Indian Gaming Association’s (NIGA) support in order to make the final push to legalise the industry. Moreover, another report from Eilers & Krejcik Gaming, LLC, an entity that tracks state-by-state legislation, revealed that legal sports betting could be offered in 32 states within five years if the United States’ Supreme Court rules in favor of the case presented by New Jersey.
