US Ruling Opens Way For States-wide Sports Betting (#2) · 问题 · Star Hite / bet9ja-promotion-code-yohaig

US Ruling Opens Way For States-wide Sports Betting

US ruling opens way for states-wide sports betting wagering

14 May 2018

Share

close panel

Share page

Copy link

About sharing
bet9ja.com
The US Supreme Court has made a landmark ruling that could allow states throughout the nation to legalise sports betting wagering.

It has endorsed a 2014 state judgment in New Jersey which allows sports betting wagering in and at horse racing tracks.

The court likewise struck down a 1992 federal law prohibiting sports betting.

The news sent the share prices of gambling stocks in the US and UK rising, consisting of Britain's William Hill and Paddy Power.

Several significant US sports betting bodies had opposed the move, consisting of the National Basketball Association.

The National Collegiate Athletic Association said it was a danger to the "integrity of athletic competitors".

However, Justice Samuel Alito wrote on behalf of the Supreme Court: "The legalisation of sports betting requires a crucial policy choice, but the option is not ours to make.

"Congress can control sports betting directly, however if it chooses not to do so, each state is complimentary to act upon its own."

Winners and losers

Shares in UK-based bookies got on the ruling. Paddy Power Betfair's share rate rose 10.5%, 888 Holdings leapt 14%, William Hill's stock acquired 9.4% and GVC Holdings rallied 6%.

In the US, shares in Churchill Downs, which owns horse race tracks and gambling establishments increased by 5.73%.

But Wynn Resorts, the Nevada-based hotels and gambling establishment operator, saw its share price fall by 2% on the possibility of competition from brand-new entrants to sports betting wagering.
bet9ja.com
The Supreme Court choice strikes down the Professional and Amateur sports betting Protection Act (PASPA) of 1992 that restricted sports betting wagering in many states.
bit.ly
It is only permitted in only a couple of states, including Nevada, home to Las Vegas, Delaware, Montana and Oregon.

Neil Wilson, primary market analyst at markets.com, said that William Hill stands to gain the most following the ruling because it "can present gambling operations pretty quickly from Nevada, where it currently operates and has very strong market presence".

He included that the business likewise has a New Jersey operation "that is primed and prepared to start taking bets within days".

Paddy Power Betfair has an existence in the US through TVG, among the nation's most significant online horse racing services.
bet9ja.com
Betfair bought TVG in 2009 for $50m before it went on to merge with Paddy Power.

Paddy Power Betfair also operates an online casino and horse race sports betting service in New Jersey.

More on this story
bit.ly
High stakes for fixed-odds sports betting machines

12 May 2018

Slam dunk for US sports betting restriction?
bet9ja.com
Published

4 December 2017

US ruling opens way for [states-wide](https://realhindu.in/read-blog/21203_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) [sports betting](https://twixxor.com/read-blog/8945_why-every-cricket-fan-ought-to-try-the-all-cricket-id-gaming-platform.html) wagering 
 14 May 2018 
 Share 
 close panel 
 Share page 
 Copy link 
 About sharing [bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
 The US Supreme Court has made a [landmark](https://uptoscreen.com/read-blog/74196_how-fantasy-betting-app-development-companies-and-sports-developers.html) ruling that could allow states throughout the nation to legalise [sports betting](https://www.contraband.ch/read-blog/41672_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) wagering. 
 It has [endorsed](https://inicknet.com/read-blog/2186_how-much-are-americans-investing-in-sports-betting.html) a 2014 state judgment in New Jersey which allows [sports betting](https://tartar.app/read-blog/2499_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) wagering in and at horse racing tracks. 
 The court likewise struck down a 1992 federal law prohibiting [sports betting](https://globalunitedspirits.com/read-blog/3641_missouri-sports-betting-ballot-measure-approved-by-voters.html). 
 The news sent the share prices of gambling stocks in the US and UK rising, consisting of [Britain's William](https://unitedstatesofbiafra.com/read-blog/41_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) Hill and [Paddy Power](https://mixup.wiki/index.php/User:FaeBkv9210727237). 
 Several significant US [sports betting](https://www.eruptz.com/read-blog/19169_online-betting-firms-gamble-on-soccer-mad-nigeria.html) bodies had [opposed](https://kenyansocial.com/read-blog/1346_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) the move, consisting of the National Basketball Association. 
 The National Collegiate Athletic Association said it was a danger to the "integrity of athletic competitors". 
 However, Justice Samuel [Alito wrote](https://mixup.wiki/index.php/User:GloryFer54) on behalf of the [Supreme](https://inicknet.com/read-blog/2189_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) Court: "The legalisation of [sports betting](https://younetwork.app/read-blog/8697_for-sports-gambling-to-be-legalised.html) requires a crucial policy choice, but the option is not ours to make. 
 "Congress can [control](https://rca.co.id/read-blog/301_how-to-play-bet9ja-online.html) [sports betting](https://bytes-the-dust.com/index.php/User:UlrikeNall4410) directly, however if it chooses not to do so, each state is complimentary to act upon its own." 
 Winners and losers 
 Shares in UK-based bookies got on the ruling. Paddy Power Betfair's share rate rose 10.5%, 888 Holdings leapt 14%, William Hill's stock acquired 9.4% and GVC Holdings rallied 6%. 
 In the US, shares in Churchill Downs, which owns horse race tracks and gambling establishments increased by 5.73%. 
 But Wynn Resorts, the Nevada-based hotels and gambling establishment operator, saw its share price fall by 2% on the possibility of competition from brand-new entrants to [sports betting](http://famedoot.in/read-blog/85_things-you-need-to-learn-about-rafting-adventures.html) wagering. [bet9ja.com](https://landing.bet9ja.com/aviator-bet9ja?btag=yohaig&promocode=yohaig)
 The Supreme Court choice strikes down the Professional and Amateur [sports betting](https://namesdev.com/read-blog/15163_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) Protection Act (PASPA) of 1992 that restricted [sports betting](https://www.buzzgate.net/read-blog/509_online-betting-firms-gamble-on-soccer-mad-nigeria.html) wagering in many states. [bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
 It is only permitted in only a couple of states, including Nevada, home to Las Vegas, Delaware, Montana and Oregon. 
 Neil Wilson, primary market analyst at markets.com, said that William Hill stands to gain the most following the ruling because it "can present [gambling operations](https://edu.yju.ac.kr/board_ATUW65/425147) pretty quickly from Nevada, where it currently operates and has very strong market presence". 
 He included that the business likewise has a New Jersey operation "that is primed and [prepared](https://canadasimple.com/index.php/User:HumbertoFfo) to start taking bets within days". 
 Paddy Power Betfair has an existence in the US through TVG, among the nation's most significant online horse racing services. [bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
 Betfair bought TVG in 2009 for $50m before it went on to merge with Paddy Power. 
 Paddy Power Betfair also operates an online casino and horse race [sports betting](https://sfqatest.sociofans.com/read-blog/666_the-history-of-the-nfl-and-how-to-bank-on-it.html) service in New Jersey. 
 More on this story [bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
 High stakes for fixed-odds [sports betting](https://iochats.com/read-blog/30281_enhance-your-business-opportunities-with-efficient-sports-apps.html) machines 
 12 May 2018 
 Slam dunk for US [sports betting](https://tripta.social/read-blog/1313_for-sports-gambling-to-be-legalised.html) restriction? [bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
 Published 
 4 December 2017