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Supreme Court squishes federal law prohibiting sports gambling like a bug


tiger7_88

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http://www.espn.com/chalk/story/_/id/23501236/supreme-court-strikes-federal-law-prohibiting-sports-gambling

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The Supreme Court struck down a federal law prohibiting sports gambling Monday, giving the states a go-ahead to allow betting on sports.

In 2012, the NCAA and four major professional sports leagues sued New Jersey governor Chris Christie after he signed legislation allowing sports betting in the state. That law directly flew in the face of the 1992 Professional and Amateur Sports Protection Act (PASPA), which makes it unlawful for a state to "sponsor, operate, advertise, promote, license, or authorize by law" sports wagering.

A handful of states that already had forms of sports betting when PASPA was implemented were grandfathered in, with only Nevada allowed to offer a full menu, including single-game wagering.

New Jersey lost every step of the way, and the Supreme Court initially declined to take the case in June 2014. The state didn't give up, though, and passed another law that attempted to comply with PASPA.

The case made its way through the court system again before the Supreme Court took the case and heard oral arguments last December. Twenty states signed on in support of New Jersey in the case.

 

 

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The thing is if the government takes a cut of winnings and can legally tax it, then this will certainly help the economy. no different than lottery. I wonder if states will open bookie stores or if sports bars will just have a setup.

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I'm all for it and legalization of weed nation wide.  Get this country out of debt.  I think they should tax the sports book at a much higher rate than the people who occasionally make money betting.  It definitely flows 1 way. 

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