New Jersey is betting on sports gambling, but the result of its wager will be decided in a courtroom and not on the field of play. The U.S. Supreme Court is hearing arguments on Monday to determine if an old law still has merit in today’s society.
New Jersey has been actively seeking a repeal of the federal law banning sports gambling, and its day of reckoning has finally arrived. The Supreme Court heard arguments on Monday that will determine whether U.S. citizens will be able to wager on the outcome of professional and amateur sports. Nevada, Montana, Oregon and Delaware are currently the only states where sports gambling is allowed, having legalized it prior to the Professional and Amateur Sports Protection Act (PASPA) of 1992. Nevada, however, has exclusive rights to allow bettors to wager on the outcome of a specific game, while the others are permitted to receive wagers on what are essentially parlay cards.
The American Gaming Association estimates $150 billion is wagered illegally by Americans each year. New Jersey and its governor Chris Christie have been the driving force to get sports betting into their casinos giving them equal footing with their chief rival, Las Vegas. Despite getting voters’ support in 2012 to legalize sports betting within the state, their efforts were struck down in federal court. The four major North American professional sports leagues have traditionally opposed legalize sports betting, but that view has thawed in recent years by all but the NFL.
The hearings provide the ultimate litmus test to the future of sports betting as the Supreme Court justices could strike down the law that prohibits sports wagering on a federal level and pave the way for New Jersey, and reportedly 32 other states already, the ability to offer bettors the opportunity to wager on professional and amateur sports. The case is expected to take until June 2018 before a verdict is reached. As always, stay tuned to SBR for updates on this landmark case.Talk Sports Betting In Our Forum