commit
96df0b06d2
1 changed files with 32 additions and 0 deletions
@ -0,0 +1,32 @@ |
|||
<br>US judgment opens way for [states-wide](https://maxmeet.ru/read-blog/72_for-sports-gambling-to-be-legalised) [sports betting](http://bedfordfalls.live/read-blog/112814_how-to-play-bet9ja-online.html)<br> |
|||
<br>14 May 2018<br> |
|||
<br>Share<br> |
|||
<br>close panel<br> |
|||
<br>Share page<br> |
|||
<br>Copy link<br> |
|||
<br>About sharing<br> |
|||
<br>The US Supreme Court has actually made a landmark ruling that could allow states throughout the country to [legalise](https://inicknet.com/read-blog/2197_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) [sports betting](http://www.vmeste-so-vsemi.ru/wiki/%D0%A3%D1%87%D0%B0%D1%81%D1%82%D0%BD%D0%B8%D0%BA:RussWhittle5845).<br> |
|||
<br>It has backed a 2014 state ruling in New Jersey which allows [sports betting](https://seenoor.com/read-blog/439_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) wagering in [gambling establishments](https://app.deepsoul.es/read-blog/356_how-to-withdraw-from-bet9ja-8-step-guide-to-money-in-your-wins.html) and at horse racing tracks.<br> |
|||
<br>The court likewise overruled a 1992 federal law prohibiting [sports betting](https://dev.yayprint.com/how-to-play-bet9ja-online-2/) [gambling](https://genzkenya.co.ke/read-blog/96_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html).<br> |
|||
<br>The news sent the share prices of [sports betting](http://www.mizmiz.de/read-blog/77284_how-to-play-bet9ja-online.html) stocks in the US and UK rising, including Britain's [William](https://marvelvsdc.faith/wiki/User:BellBradway612) Hill and Paddy Power.<br> |
|||
<br>Several major US [sports betting](https://ekotur.online/sports-betting/how-are-betting-odds-calculated/) bodies had the move, consisting of the National Basketball [Association](https://bytes-the-dust.com/index.php/User:DonnyEng94306).<br> |
|||
<br>The National Collegiate Athletic [Association](https://sosmed.almarifah.id/read-blog/1283_the-history-of-the-nfl-and-how-to-bet-on-it.html) said it was a danger to the "stability of athletic competitors".<br> |
|||
<br>However, Justice Samuel Alito composed on behalf of the Supreme Court: "The legalisation of [sports betting](http://kitsap.whigdev.com/read-blog/3084_why-every-cricket-fan-must-try-the-all-cricket-id-gaming-platform.html) gambling needs an important policy choice, however the option is not ours to make.<br> |
|||
<br>"[Congress](https://maxmeet.ru/read-blog/74_things-you-need-to-learn-about-rafting-adventures) can regulate [sports betting](http://chillibell.com/read-blog/475_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) [gambling](https://grade1d.smaportal.ae/read-blog/2438_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html) straight, however if it [chooses](https://thatswhathappened.wiki/index.php/User:AlfredKroger0) not to do so, each state is free to act upon its own."<br> |
|||
<br>Winners and losers<br> |
|||
<br>Shares in UK-based bookmakers leapt on the ruling. Paddy Power Betfair's share price rose 10.5%, 888 Holdings jumped 14%, William Hill's stock got 9.4% and GVC Holdings rallied 6%.<br> |
|||
<br>In the US, shares in Churchill Downs, which owns horse race tracks and casinos increased by 5.73%.<br> |
|||
<br>But Wynn Resorts, the Nevada-based hotels and casino operator, saw its share cost fall by 2% on the possibility of competitors from new entrants to [sports betting](https://lidoo.com.br/read-blog/14729_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) wagering.<br> |
|||
<br>The Supreme Court choice overrules the Professional and Amateur [sports betting](http://titotit.com/xe/?document_srl=812305) Protection Act (PASPA) of 1992 that forbade [sports betting](https://catvcommunity.com.tr/read-blog/4789_the-ins-and-outs-of-betting-on-the-nfl-draft.html) in many states.<br> |
|||
<br>It is just allowed just a few states, consisting of Nevada, home to Las Vegas, Delaware, Montana and Oregon.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) |
|||
<br>Neil Wilson, chief market analyst at markets.com, said that William Hill stands to acquire the most following the judgment since it "can present [gambling operations](https://uconnect.ae/read-blog/173434_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) quite swiftly from Nevada, where it currently operates and has very [strong market](https://ekotur.online/sports-betting/how-are-betting-odds-calculated/) presence".<br> |
|||
<br>He included that the business likewise has a New Jersey operation "that is primed and ready to begin taking bets within days".<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) |
|||
<br>Paddy Power Betfair has an existence in the US through TVG, one of the nation's biggest online horse racing companies.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) |
|||
<br>Betfair bought TVG in 2009 for $50m before it went on to merge with Paddy Power.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) |
|||
<br>Paddy Power Betfair likewise runs an online casino and horse race wagering company in New Jersey.<br> |
|||
<br>More on this story<br> |
|||
<br>High stakes for fixed-odds [sports betting](http://www.engel-und-waisen.de/index.php/Benutzer:PhillisWorthen) devices<br> |
|||
<br>12 May 2018<br> |
|||
<br>Slam dunk for US [sports betting](https://ifairy.world/read-blog/1571_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html) restriction?<br> |
|||
<br>Published<br> |
|||
<br>4 December 2017<br> |
|||
Loading…
Reference in new issue