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US Supreme Court rules in favour of sports betting

US Supreme Court rules in favour of sports betting

In a much anticipated ruling, US Supreme Court struck down a 1992 federal law on Monday.
The federal law effectively banned sports betting in most of the states, but now the decision has opened the floodgates and has legalized sports wagering in most states hoping to curb estimated $150 billion illegal sports betting on professional and amateur sports that the Americans make every year.

This decision would change the nations relationship with sports wagers. Bettors would now no longer be forced to opt for black market or using offshore wagering or illicit bookies.

Now the bets would be placed on mobile devices to now be endorsed by the law makers and sports officials who were opposing it for so long.

The Professional and Amateur Protection Act prohibited states from authorizing sports gambling. One of its sponsors was Senator Bill Bradley, Democrat of New Jersey and a former college and professional basketball star.

But the court deemed it as unconstitutional.

"It is as if federal officers were installed in state legislative chambers and have the authority for stopping legislators from voting on any offending proposals," Justice Samuel A. Alito Jr. said.

Now, New Jersey would see legal sports betting at its casinos and racetracks 'within weeks'.