Will Sports Wagering Become Legal in other States besides Nevada ?
I wrote an entire book about Sports on Amazon you can link it if you like. So here is the scoop for all those following me. Currently in October 2017 Nevada is the only State offering legalized sports wagering. Though Oregon, Delaware and Montana are exempt from the law passed in 1992 called Professional and Armature Sports Protection Act that prevents sports wagering in any other states besides Nevada.
The Supreme Court heard a case in New Jersey in 2012 however the court decided against the movement.
Currently New Jersey has another meeting with the Supreme Court in June or July of 2018.
To a lot of surprise our President Donald Trump is asking the case be dismissed and therefore could be assumed President Donald Trump is not for making sports wagering legal in America.
Estimates of over 100 million in illegal sports wagering and the cost that comes with it have long been argued that making sports wagering legal would be a huge cash cow.
Also currently the four major leagues are still banning to fight the making of sports wagering legal.
The good news some other States are jumping on the ban wagon Arizona, Louisiana, Mississippi, West Virginia and Wisconsin so it is possible the case will at least be heard again by the Supreme Court though last time it was shot down in a 10-2 decision it is possible for another outcome.
The American Gaming Association is also backing making sports wagering legal.
The odds are stacked against this passing but it is well worth the fight I believe.
SO IN THE SPIRIT OF IT ALL HERE ARE A FEW ODDS I MADE ON THIS:
WILL THE SUPREME COURT HERE THE CASE IN JUNE 2018?
YES -250
NO +550
WILL THE SUPREME COURT RULE IN FAVOR OR NOT FOR SPORTS WAGERING?
IN FAVOR +550
NOT FOR -10000
WILL SPORTS WAGERING BECOME LEGAL IN OTHER STATES IN 2018?
YES +10000
NO -30000
The Supreme Court heard a case in New Jersey in 2012 however the court decided against the movement.
Currently New Jersey has another meeting with the Supreme Court in June or July of 2018.
To a lot of surprise our President Donald Trump is asking the case be dismissed and therefore could be assumed President Donald Trump is not for making sports wagering legal in America.
Estimates of over 100 million in illegal sports wagering and the cost that comes with it have long been argued that making sports wagering legal would be a huge cash cow.
Also currently the four major leagues are still banning to fight the making of sports wagering legal.
The good news some other States are jumping on the ban wagon Arizona, Louisiana, Mississippi, West Virginia and Wisconsin so it is possible the case will at least be heard again by the Supreme Court though last time it was shot down in a 10-2 decision it is possible for another outcome.
The American Gaming Association is also backing making sports wagering legal.
The odds are stacked against this passing but it is well worth the fight I believe.
SO IN THE SPIRIT OF IT ALL HERE ARE A FEW ODDS I MADE ON THIS:
WILL THE SUPREME COURT HERE THE CASE IN JUNE 2018?
YES -250
NO +550
WILL THE SUPREME COURT RULE IN FAVOR OR NOT FOR SPORTS WAGERING?
IN FAVOR +550
NOT FOR -10000
WILL SPORTS WAGERING BECOME LEGAL IN OTHER STATES IN 2018?
YES +10000
NO -30000
Comments
Post a Comment