Will Sports Betting be legal in US by June 2018 ?

The US Supreme Court heard the case in January 2018 to make wagering on sports legal in other States. A law called Professional and Amateur Sports Protection Act of 1992 prevents all but Nevada, Delaware, Montana, and Oregon

Currently four States Oregon, Montana, Delaware, Nevada allow sports wagering however 3 of those States may not be offering sports betting currently or it is strictly regulated. Currently the feeling in the sports betting industry is that the laws will be changed and at least 18 States are ready to jump on the bandwagon of sports betting.

MGM is hoping and wishing the Supreme Court will allow the States they currently have casinos in to allow sports wagering. Mississippi last year allowed fantasy sports betting. Also the State is prepared to offer legal sports betting if the laws are changed.

New Jersey is also another State ready to go according to resources.

In 2012 a lawsuit prevented New Jersey from making sports wagering legal. The lawsuit was lead by the four major sports leagues and the NCAA. Than in 2014 they lost again in courts. Since than 6 attempts have been made for an appeal and all cases have lost.

HERE ARE MY OUTLAW ODDS ON THE FINAL DECISION THIS YEAR:


ODDS ON DECISION BEING MADE BEFORE JUNE 31st 2018?

Yes a decision will be made before June 2018                -300
No a decision will not be made before June 2018          +185

US SUPREME COURT WILL VOTE TO PASS THE BILL OR ALLOW STATES THE DECISION TO HAVE SPORT WAGERING?

Pass and allow States to choose if they want Sports Wagering     -300
Will deny the bill                                                                                +185