From 660b0e94a8968755691046c3510f5da4f8ebc9b9 Mon Sep 17 00:00:00 2001 From: theojevons7467 Date: Thu, 2 Jan 2025 06:58:26 +0300 Subject: [PATCH] Add 'Will it be a Slam Dunk for the US Sports Betting Ban?' --- ...m-Dunk-for-the-US-Sports-Betting-Ban%3F.md | 29 +++++++++++++++++++ 1 file changed, 29 insertions(+) create mode 100644 Will-it-be-a-Slam-Dunk-for-the-US-Sports-Betting-Ban%3F.md diff --git a/Will-it-be-a-Slam-Dunk-for-the-US-Sports-Betting-Ban%3F.md b/Will-it-be-a-Slam-Dunk-for-the-US-Sports-Betting-Ban%3F.md new file mode 100644 index 0000000..2e2fdb1 --- /dev/null +++ b/Will-it-be-a-Slam-Dunk-for-the-US-Sports-Betting-Ban%3F.md @@ -0,0 +1,29 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Will it be a slam dunk for the US [sports betting](https://wiki.rrtn.org/wiki/index.php/User:RosalindKeir672) wagering restriction?
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By Sherman
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Business reporter, New York
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A ban on [sports betting](https://nexthub.live/read-blog/119_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) wagering in the majority of US states might be reversed by a case being considered by the Supreme Court.
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The state of New Jersey is challenging the 1992 federal law that mainly banned [sports betting](https://nuo18.lt/read-blog/68720_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) gaming, describing the matter as a "states' rights" problem.
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The case, which began on Monday, follows New Jersey homeowners [enacted](https://youfurry.com/read-blog/37811_things-you-need-to-know-about-rafting-adventures.html) 2011 to legalise [sports betting](https://learn.ivlc.com/read-blog/62_how-to-attract-users-to-my-fantasy-sports-platform.html).
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A group of [sports betting](https://surgiteams.com/index.php/User:KOWNatisha) leagues opposes banking on games, which they fear will motivate match-fixing.
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Lower courts have regularly ruled against New Jersey, saying it is within the federal government's power to limit a state's policy options.
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The Supreme Court chose to hear the case nonetheless amidst a wider shift in [American attitudes](https://www.womplaz.com/read-blog/103_the-ins-and-outs-of-betting-on-the-nfl-draft.html) toward gaming.
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Before 1976, Nevada - home of the Las [Vegas strip](https://social.ppmandi.com/read-blog/220_sport-betting-industry-seeks-to-protect-itself.html) - was the only state with legal gambling [establishments](https://farmwoo.com/read-blog/9519_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) outside Native American lands.
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But over the last few years, states hungry for tax revenue in the wake of the financial crash have actually [enacted](https://taar.me/read-blog/8434_the-ins-and-outs-of-betting-on-the-nfl-draft.html) a rash of looser [sports betting](https://worldsports.pro/read-blog/211_just-how-much-are-americans-spending-on-sports-betting.html) laws, gathering large levies on [sports betting](https://unightlifetalk.site/read-blog/2830_just-how-much-are-americans-investing-in-sports-betting.html) revenue.
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There are now 24 states with commercial gambling establishments - approximately double the number a years ago.
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Despite the main restriction, which currently excuses Nevada and 3 other states, unlawful [sports betting](https://cheere.org/read-blog/36299_just-how-much-are-americans-spending-on-sports-betting.html) is rife in the US.
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Americans place about $154bn in illegal [sports betting](https://chatkc.com/read-blog/471_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) bets every year, according to the [American Gaming](https://bence.net/read-blog/6365_the-ins-and-outs-of-betting-on-the-nfl-draft.html) Association.
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The association's president, Geoff Freeman, explained the federal ban, external as an "utter failure" previously this year.
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It states the UK is an example of a country where [sports betting](https://www.grandtribunal.org/wiki/User:MyrtisSchumacher) wagering is commonplace.
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"It's time for Washington to stop depriving states of important tax profits and permit them to gain the rewards of a regulated market," Mr Freeman said.
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More than 15 states filed documents in [assistance](https://hcsxy2024.com/read-blog/2047_the-ins-and-outs-of-betting-on-the-nfl-draft.html) of New Jersey in the case. A handful have already passed laws to authorise [sports betting](https://app.galaxiesunion.com/read-blog/14275_things-you-need-to-learn-about-rafting-adventures.html) in the event of a change.
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'Times have actually altered'
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On Monday, as lawyers began arguments for the Supreme Court, some more conservative judges appeared sceptical of the existing law.
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The court is anticipated to decide in June 2018.
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"If we are successful here we might have bets being taken in New Jersey within two weeks of a decision by the court," stated outgoing New Jersey guv Chris Christie after going to the court hearing. "We're prepared in New Jersey - we're prepared to go."
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No matter the court's final ruling, Congress might also take up the argument in the middle of more comprehensive conversation about online gaming and e-[sports betting](https://nuo18.lt/read-blog/68705_things-you-need-to-understand-about-rafting-adventures.html).
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Even some of the professional [sports betting](https://santosfcfansclub.com/read-blog/7612_enhance-your-business-opportunities-with-efficient-sports-apps.html) leagues have actually started to alter their positions on the concern of gaming.
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Adam Silver, [National Basketball](https://bence.net/read-blog/6352_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) Association commissioner, supported a [federal law](https://bence.net/read-blog/6365_the-ins-and-outs-of-betting-on-the-nfl-draft.html) that would create an uniform set of rules throughout the US. "Times have actually changed," he composed in a 2014 viewpoint piece, external.
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Addicts battling with mobile wagering
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3 October 2017
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The challenging concern of problem gambling
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31 August 2017
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