Tag: regulate sports betting
Maine 34th State to Regulate Sports Betting
We may never have all 50 states decide to regulate sports betting. But slowly and surely, more and more states are reaping the rewards of legalizing the activity, and Maine is just the latest. It looked like the state was going to pass sports betting legislation a couple of years ago, as both the State Senate and House passed legislation to do so. That bill was sent to the Governor, who vetoed the measure in a somewhat surprising move. This time around was different. This new bid to regulate sports betting in Maine gives the states Native American tribes exclusivity…
Supreme Court: States Can Regulate Sports Betting
We’ve got huge gambling news, as the US Supreme Court on Monday opened the door for states to regulate sports betting. The unprecedented decision will allow the expansion of legalized betting on college and professional sports, and it strikes down the federal law that forbade states from authorizing such gambling. The decision set off a rush among states to put plans in place — a New Jersey racetrack said it would offer sports betting within weeks — and could revolutionize spectator sports, with some envisioning real-time wagering at baseball stadiums on whether the next pitch will produce a hit or…