1 Will it be a Slam Dunk for the United States Sports Betting Ban?
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Will it be a slam dunk for the US sports betting wagering restriction?
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By Natalie Sherman

Business press reporter, New York

A restriction on sports betting wagering in a lot 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 outlawed sports betting, the matter as a "states' rights" problem.

The case, which started on Monday, comes after New Jersey homeowners voted in 2011 to legalise sports betting wagering.

A group of sports betting leagues opposes wagering on games, which they fear will encourage match-fixing.

Lower courts have regularly ruled versus New Jersey, stating it is within the federal government's power to limit a state's policy choices.

The Supreme Court opted to hear the case nonetheless amid a broader shift in American attitudes toward gaming.
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Before 1976, Nevada - home of the Las Vegas strip - was the only state with legal casinos outside Native American lands.
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But in current years, states starving for tax profits in the wake of the financial crash have enacted a rash of looser sports betting laws, collecting large levies on gambling income.

There are now 24 states with business gambling establishments - roughly double the number a years back.

Despite the main restriction, which already excuses Nevada and 3 other states, illegal sports betting is swarming in the US.

Americans position about $154bn in illegal sports betting bets every year, according to the American Gaming Association.

The association's president, Geoff Freeman, explained the federal ban, external as an "utter failure" previously this year.

It states the UK is an example of a nation where sports betting wagering is prevalent.
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"It's time for Washington to stop denying states of crucial tax revenue and permit them to reap the rewards of a regulated market," Mr Freeman stated.
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More than 15 states submitted papers in assistance of New Jersey in the case. A handful have already passed laws to authorise sports betting wagering in the occasion of a change.

'Times have changed'

On Monday, as attorneys began arguments for the Supreme Court, some more conservative judges appeared sceptical of the existing law.
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The court is expected to make a decision in June 2018.

"If we are effective here we could have bets being taken in New Jersey within 2 weeks of a choice 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."

Despite the court's final ruling, Congress might also take up the argument amid broader conversation about online video gaming and e-sports betting.

Even a few of the expert sports betting leagues have started to alter their positions on the concern of gaming.

Adam Silver, National Basketball Association commissioner, supported a federal law that would produce an uniform set of rules across the US. "Times have actually changed," he composed in a 2014 viewpoint piece, external.

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