Tag: legalize sports betting
Where Will They Legalize Sports Betting Next?
This week’s gambling news focuses on the latest states to legalize sports betting in America. Plus, we look ahead to see which states may be next to regulate the activity! Hello friends! J.Todd here, back after my one week sabbatical at the poker tables in Las Vegas! It was very therapeutic! And while I was gone, two more states regulated sports betting! And that is this week’s big story! Earlier this month Maine became the 34th state to pass sports betting legislation. Then about two weeks later Kansas regulated sports betting as the 35th state, which might have some of…
States Move to Get Ahead of Sports Betting Reform
Sports betting is increasingly getting the attention of state lawmakers. The uptick in legislative activity for traditional sports betting — think point spreads, totals, money lines and prop bets — follows dozens of states that have considered laws specifically permitting daily fantasy sports. New state laws about sports betting had been largely dormant since the federal Professional and Amateur Sports Protection Act of 1992 (PASPA) was enacted. For two decades, PASPA dissuaded states from legalizing sports betting. But that changed in 2012 when New Jersey Gov. Chris Christie signed legislation to permit Nevada-style sports gambling. The NCAA, NBA, NHL, MLB…
New Jersey Asks Appeals Court to Legalize Sports Betting
New Jersey officials cannot put a stop to sports wagers, but they hope to “shine a light” on it by asking a court to legalize sports betting at casinos and racetracks, a lawyer said in a high-stakes hearing Wednesday before a federal appeals court. Gov. Chris Christie wants to tap into the multi-billion dollar sports betting industry but must first get around a 1992 federal law that limits sports betting to Nevada and three other states. The U.S. Justice Department, the NCAA and the four major pro sports leagues oppose the move. And a federal judge this year sided with…