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Will it be a slam dunk for the US sports betting wagering ban?
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By Natalie Sherman

Business reporter, New York

A ban on sports betting wagering in a lot of US states could be reversed by a case being considered by the Supreme Court.

The state of New Jersey is challenging the 1992 federal law that largely banned sports betting gaming, explaining the matter as a "states' rights" concern.

The case, which started on Monday, follows New Jersey residents enacted 2011 to legalise sports betting.

A group of sports betting leagues opposes sports betting on video games, which they fear will motivate match-fixing.

Lower courts have actually regularly ruled against New Jersey, saying it is within the federal government's power to restrict a state's policy choices.

The opted to hear the case nonetheless amidst a wider shift in American mindsets towards sports betting.

Before 1976, Nevada - home of the Las Vegas strip - was the only state with legal gambling establishments outside Native American lands.

But in the last few years, states hungry for tax profits in the wake of the financial crash have enacted a rash of looser gaming laws, collecting significant levies on gambling earnings.

There are now 24 states with business casinos - roughly double the number a decade ago.
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Despite the official restriction, which already exempts Nevada and three other states, unlawful sports betting is swarming in the US.
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Americans put about $154bn in illegal sports betting bets every year, according to the American Gaming Association.

The association's president, Geoff Freeman, described the federal ban, external as an "utter failure" previously this year.

It says the UK is an example of a country where sports betting is prevalent.

"It's time for Washington to stop depriving states of vital tax revenue and allow them to enjoy the benefits of a regulated market," Mr Freeman said.

More than 15 states filed documents in support of New Jersey in the event. A handful have actually currently passed laws to authorise sports betting wagering in the occasion of a change.

'Times have altered'

On Monday, as legal representatives began arguments for the Supreme Court, some more conservative judges appeared sceptical of the existing law.

The court is anticipated to decide in June 2018.

"If we are effective here we might have bets being taken in New Jersey within two weeks of a decision by the court," stated outbound New Jersey governor Chris Christie after going to the court hearing. "We're prepared in New Jersey - we're prepared to go."

Regardless of the court's final judgment, Congress might likewise take up the argument amidst wider conversation about online video gaming and e-sports betting.

Even a few of the professional sports betting leagues have actually begun to alter their positions on the question of gambling.

Adam Silver, National Basketball Association commissioner, supported a federal law that would create a consistent set of guidelines across the US. "Times have actually altered," he wrote in a 2014 viewpoint piece, external.
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