Today, the most unheard of action took place that the supreme court struck down the ban on sports betting in the USA, letting each state can legalize and regulate sports betting.
Here are the reactions thus far in regards to sports betting ban lifted in the USA. Read on…
CelebNSports247.com has the latest on the sports betting ban lifted in the USA reactions and its divided.
The supreme court has decided to strike down a 1992 federal law that had prohibited most states from authorizing sports betting. Today, its official the sports betting ban lifted in the USA.
The 6-3 ruling is a victory for New Jersey and other states who have considered allowing sports gambling as a way to encourage tourism and tax revenue. However, the NCAA, NFL and NBA had backed the federal prohibition.
Though, the court said the federal law violated constitutional principles limiting the federal government from controlling state policy. They claimed it unconstitutional, forcing states to prohibit sports betting under their own laws.
Here is what Justice Samuel Alito wrote in the 6-3 opinion:
The legalization of sports gambling requires an important policy choice, but the choice is not ours to make. Congress can regulate sports gambling directly, but if it elects not to do so, each state is free to act on its own.
Immediately after the ruling, the stock price for Caesars Entertainment rose 6%, and DraftKings said it will enter the sports betting market.
Steve Vladeck, CNN Supreme Court analyst and professor of law at the University of Texas School of Law had this to say about the sports betting ban lifted:
Today’s decision clears the way for all states to make their own decisions about legalizing sports betting, and in one fell swoop gets rid of Nevada’s monopoly on the subject and the 1992 federal statute that had protected it.
Then he raised this question:
The question now is whether Congress will leave the states to make their own choices or will now try to enact some kind of federal regulation of sports betting.
While some are happy about the Sports Betting Ban Lifted, The MLB and NBA have weighed in with completely different views:
Major League Baseball released a statement saying the decision will have “profound effects” on the sport.
Our most important priority is protecting the integrity of our games. We will continue to support legislation that creates air-tight coordination and partnerships between the state, the casino operators and the governing bodies in sports toward that goal.
Meanwhile, Ted Leonsis, who owns the NBA’s Washington Wizards, the WNBA’s Washington Mystics and the National Hockey League’s Washington Capitals, celebrated the decision:
It brings a multibillion dollar industry out of the shadows and into the sunlight, where its integrity can be guaranteed and consumers can be better protected. I think that the increased transparency that will accompany more legalized betting around the country will only further protect against potential corruption.
Are you for or against the Sports Betting Ban Lifted?
Photo: Glenn Pinkerton/Las Vegas News Bureau/Getty Images