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Common
05-14-2018, 11:18 AM
This address's states rights to implement sports betting

The Supreme Court cleared the way Monday for states to legalize sports betting within their borders in a ruling that could upend the country’s gambling scene.


The justices, in a 6-3 decision, ruled that a 1992 law that tried to limit the expansion of betting on sports put unconstitutional limits on states’ rights to determine their own path on gambling.

One major effect of the 1992 law had been its constriction of online sports betting — and the industry said Monday’s ruling has unshackled them.


“Today’s Supreme Court ruling is welcome news to the millions of Americans who currently wager $150 billion illegally each year through offshore, black-market bookies,” said Jason Robins, CEO of DraftKings. “States are now free to allow their residents to place mobile sports bets with licensed, trusted companies based in the U.S. and that pay taxes here.”



New Jersey’s legislature had enacted laws in 2012 and 2014 to legalize sports betting within its borders, but the National Collegiate Athletic Association and three major sports leagues challenged the move.



They argued the state’s legislation violated the 1992 Professional and Amateur Sports Protection Act, approved by Congress and signed into law by President George H.W. Bush.


https://www.washingtontimes.com/news/2018/may/14/scotus-makes-sports-betting-possibility-nationwide/

DGUtley
05-14-2018, 11:55 AM
http://www.abajournal.com/news/article/supreme_court_strikes_down_federal_law_that_bans_s ports_betting/?utm_source=maestro&utm_medium=email&utm_campaign=daily_email

texan
05-14-2018, 11:56 AM
Should have been 10-0!

The feds have no business in this issue.

The Xl
05-14-2018, 12:02 PM
It's not the feds business to begin with

MisterVeritis
05-14-2018, 12:16 PM
Should have been 10-0!

The feds have no business in this issue.
Ten? Hmmm.

Common
05-14-2018, 01:40 PM
It was NewJersey that brought this case to Scotus, they wanted to institute sports gambling in casionos athletic foundations fought it based on the Fed law and it was upheld. Scotus has ended that finally.

Trumpster
05-14-2018, 02:27 PM
“Today’s Supreme Court ruling is welcome news to the millions of Americans who currently wager $150 billion illegally each year through offshore, black-market bookies,” said Jason Robins, CEO of DraftKings. “States are now free to allow their residents to place mobile sports bets with licensed, trusted companies based in the U.S. and that pay taxes here.”


http://money.cnn.com/2017/01/12/pf/americans-lack-of-savings/index.html


6 in 10 Americans don't have $ 500 in savings