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Will it be a slam dunk for the US sports betting wagering ban?

By Natalie Sherman

Business reporter, New York
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A restriction on sports betting wagering in many US states could be overturned by a case being considered by the Supreme Court.

The state of New Jersey is challenging the 1992 federal law that mainly disallowed sports betting, describing the matter as a "states' rights" problem.

The case, which started on Monday, comes after New Jersey locals enacted 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 against New Jersey, saying it is within the federal government's power to limit a state's policy alternatives.
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The Supreme Court decided to hear the case however amidst a wider shift in American mindsets towards gambling.

Before 1976, Nevada - home of the Las Vegas strip - was the only state with legal gambling establishments outside Native American lands.

But in current years, states hungry for tax income in the wake of the monetary crash have actually enacted a rash of looser gaming laws, gathering significant levies on gaming income.

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

Despite the official ban, which currently exempts Nevada and 3 other states, prohibited sports betting is swarming in the US.

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

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

It says the UK is an example of a nation where sports betting wagering is prevalent.

"It's time for Washington to stop depriving states of crucial tax income and enable them to reap the benefits of a regulated market," Mr Freeman stated.

More than 15 states submitted papers in support of New Jersey in the event. A handful have actually already passed laws to authorise sports betting in case of a modification.
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'Times have actually altered'

On Monday, as lawyers started arguments for the Supreme Court, some more conservative judges appeared sceptical of the existing law.

The court is anticipated to decide in June 2018.
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"If we achieve success here we could have bets being taken in New Jersey within 2 weeks of a choice by the court," said New Jersey governor Chris Christie after attending the court hearing. "We're prepared in New Jersey - we're prepared to go."

Despite the court's last judgment, Congress may also take up the debate amidst wider conversation about online video gaming and e-sports betting.

Even some of the expert sports betting leagues have actually started to alter their positions on the concern of gambling.

Adam Silver, National Basketball Association commissioner, supported a federal law that would develop a consistent set of rules throughout the US. "Times have altered," he composed in a 2014 viewpoint piece, external.

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