Connections: The future of sports betting in New York State

Postado Mai 17, 2018

It's up to the Missouri legislature now, whether we have sports gambling in the state. Casinos and race tracks are celebrating the news; owners say the lift on the ban will generate revenue and a source of entertainment.

The 1992 law at issue in the case bars state-authorized sports gambling with exceptions for Nevada, Montana, Oregon and DE, states that had approved some form of sports wagering before the law took effect.

Gaming group Webis Holdings PLC, which runs WatchandWager, licensed operator of the WatchandWager Cal Expo Racing in Sacramento, California, welcomed the US Supreme Court's ruling against a law banning practised sports gambling. Originally, it included a provision to legalize sports wagering, but it was removed.

The American Gaming Association (AGA), which represents the US casino industry, has long opposed the 1992 Professional and Amateur Sports Protection Act, contending it has resulted in an annual illegal sports betting market of $150 billion.

The ruling does not legalize sports gambling nationwide, but allows states to make that decision.

Now comes an opportunity to give patrons another gaming option, betting on sports.

"Congress can regulate sports gambling directly, but if it elects not to do so, each State is free to act on its own".

A LifeWay Research study released in 2016 reported 49 percent of Americans said sports gambling should not be legalized in the country, while 40 percent thought it should. As Justice Stephen Breyer put it in his concurring opinion, "the only problem" with the challenged law "lies in its means, not its end".