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Will it be a slam dunk for the US sports betting wagering restriction?
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By Natalie Sherman
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Business press reporter, New york city
A restriction on sports betting in a lot of US states could be reversed by a case being thought about by the Supreme Court.
The state of New Jersey is challenging the 1992 federal law that largely banned sports betting, describing the matter as a "states' rights" issue.
The case, which started on Monday, comes after New Jersey residents voted in 2011 to legalise sports betting.
A group of sports betting leagues opposes sports betting on video games, which they fear will encourage match-fixing.
Lower courts have consistently ruled against New Jersey, saying it is within the federal government's power to restrict a state's policy options.
The Supreme Court opted to hear the case nevertheless amid a wider shift in American attitudes toward gambling.
Before 1976, Nevada - home of the Las Vegas strip - was the only state with legal casinos outside Native American lands.
But over the last few years, states starving for tax earnings in the wake of the financial crash have actually enacted a rash of looser sports betting laws, gathering large levies on gambling earnings.
There are now 24 states with commercial casinos - roughly double the number a decade back.
Despite the main ban, which already excuses Nevada and three other states, illegal sports betting wagering is swarming in the US.
Americans put about $154bn in prohibited sports betting bets every year, according to the American Gaming Association.
The association's president, Geoff Freeman, explained the restriction, external as an "utter failure" earlier this year.
It says the UK is an example of a country where sports betting is commonplace.
"It's time for Washington to stop depriving states of vital tax revenue and allow them to gain the rewards of a regulated market," Mr Freeman said.
More than 15 states submitted documents in support of New Jersey in the case. A handful have currently passed laws to authorise sports betting wagering in case of a modification.
'Times have altered'
On Monday, as lawyers began arguments for the Supreme Court, some more conservative judges appeared sceptical of the existing law.
The court is expected to decide in June 2018.
"If we are effective here we could have bets being taken in New Jersey within two weeks of a decision by the court," said outbound New Jersey governor Chris Christie after participating in the court hearing. "We're prepared in New Jersey - we're ready to go."
Despite the court's final judgment, Congress might likewise take up the debate amid more comprehensive conversation about online gaming and e-sports betting.
Even some of the professional sports betting leagues have actually begun to alter their positions on the concern of gambling.
Adam Silver, National Basketball Association commissioner, supported a federal law that would produce an uniform set of guidelines throughout the US. "Times have actually altered," he composed in a 2014 opinion piece, external.
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