A recent ruling by the Supreme Court may allow states to create laws for legalized sports betting.
Source: Shutterstock
The decision from the court has to do with a law that New Jersey was seeking to pass in 2014. This law would remove the prohibitions around running sports gambling at casinos and race tracks.
The law was struck down in courts, but New Jersey continued to file appeals. Finally in 2017, the Supreme Court agreed to hear the case. The result of the decision is seven of nine justices ruling in its favor. This had the court striking down the Professional and Amateur Sports Protection Act enacted in 1992 to protect the integrity of sports.
The result of this ruling from the Supreme Court means that New Jersey can move forward with its law. However, it also does more. It opens the door for other states to push for legalized sports betting. Prior to this, Nevada was the only state that allowed sports betting.
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