From 5e9f67637df278f0c33732df44c91fe7eedd86d0 Mon Sep 17 00:00:00 2001 From: garrywinstead0 Date: Thu, 2 Jan 2025 11:52:02 +0800 Subject: [PATCH] Add US Ruling Opens Way For States-wide Sports Betting --- ...ns Way For States-wide Sports Betting.-.md | 32 +++++++++++++++++++ 1 file changed, 32 insertions(+) create mode 100644 US Ruling Opens Way For States-wide Sports Betting.-.md diff --git a/US Ruling Opens Way For States-wide Sports Betting.-.md b/US Ruling Opens Way For States-wide Sports Betting.-.md new file mode 100644 index 0000000..ed32a56 --- /dev/null +++ b/US Ruling Opens Way For States-wide Sports Betting.-.md @@ -0,0 +1,32 @@ +
US ruling opens method for wagering
+
14 May 2018
+
Share
[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) +
close panel
+
Share page
+
Copy link
+
About sharing
+
The US [Supreme Court](https://globalabout.com/read-blog/16961_online-betting-firms-gamble-on-soccer-mad-nigeria.html) has actually made a [landmark ruling](https://customerscomm.com/read-blog/3704_things-you-need-to-understand-about-rafting-adventures.html) that could permit states throughout the nation to legalise [sports betting](https://chat.app8station.com/read-blog/3637_things-you-need-to-understand-about-rafting-adventures.html) wagering.
+
It has backed a 2014 state judgment in New Jersey which allows [sports betting](https://gazanour.com/read-blog/7871_why-every-cricket-fan-ought-to-try-the-all-cricket-id-gaming-platform.html) in gambling establishments and at horse [racing tracks](https://welcometohaiti.com/read-blog/18263_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html).
+
The court also struck down a 1992 federal law prohibiting [sports betting](https://www.hb9lc.org/wiki/index.php/User:JanieZahel205).
+
The news sent the share prices of [gambling stocks](https://issosyal.com/read-blog/10055_the-ins-and-outs-of-betting-on-the-nfl-draft.html) in the US and UK surging, including Britain's William Hill and Paddy Power.
+
Several major US [sports betting](https://mxlinkin.mimeld.com/read-blog/703_things-you-need-to-learn-about-rafting-adventures.html) bodies had actually opposed the relocation, consisting of the National Basketball Association.
+
The National Collegiate Athletic Association stated it was a threat to the "integrity of athletic competition".
+
However, [Justice Samuel](https://social.ishare.la/read-blog/1455_how-to-play-bet9ja-online.html) [Alito composed](https://miderde.de/index.php?title=Benutzer:Junior83E61) on behalf of the [Supreme](https://noaisocial.pro/read-blog/2371_missouri-sports-betting-ballot-measure-approved-by-voters.html) Court: "The legalisation of [sports betting](https://sfqatest.sociofans.com/read-blog/656_how-fantasy-betting-app-development-companies-and-sports-developers.html) gambling requires an essential policy option, however the option is not ours to make.
+
"Congress can manage [sports betting](http://www.pickmemo.com/read-blog/11303_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) directly, however if it chooses not to do so, each state is [complimentary](https://hcsxy2024.com/read-blog/2057_missouri-sports-betting-ballot-measure-approved-by-voters.html) to act upon its own."
+
Winners and losers
+
Shares in UK-based bookies jumped on the ruling. Paddy Power Betfair's share cost increased 10.5%, 888 Holdings jumped 14%, William Hill's stock acquired 9.4% and GVC Holdings rallied 6%.
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
In the US, shares in Churchill Downs, which owns horse race tracks and gambling establishments rose by 5.73%.
+
But Wynn Resorts, the Nevada-based hotels and casino operator, saw its share price fall by 2% on the possibility of competition from brand-new entrants to [sports betting](https://noaisocial.pro/read-blog/2358_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html).
+
The Supreme Court decision overrules the Professional and Amateur [sports betting](https://metacouture.co/read-blog/24271_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) Protection Act (PASPA) of 1992 that prohibited [sports betting](https://skylockr.app/read-blog/178_things-you-need-to-learn-about-rafting-adventures.html) wagering in many states.
+
It is just enabled in only a couple of states, including Nevada, home to Las Vegas, Delaware, Montana and Oregon.
+
Neil Wilson, chief market analyst at markets.com, stated that William Hill stands to gain the most following the judgment because it "can roll out [sports betting](https://mediawiki1263.00web.net/index.php/User:Suzanne3238) [operations](https://farmwoo.com/read-blog/9554_the-ins-and-outs-of-betting-on-the-nfl-draft.html) quite quickly from Nevada, where it already operates and has very strong market existence".
+
He included that the company likewise has a New Jersey operation "that is primed and all set to begin taking bets within days".
+
Paddy Power Betfair has a presence in the US through TVG, among the country's most significant online horse racing organizations.
+
Betfair bought TVG in 2009 for $50m before it went on to combine with Paddy Power.
+
Paddy Power Betfair likewise runs an online gambling establishment and horse race [sports betting](https://peekz.eu/read-blog/249_how-to-attract-users-to-my-fantasy-sports-platform.html) business in New Jersey.
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
More on this story
+
High stakes for fixed-odds wagering devices
[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) +
12 May 2018
+
Slam dunk for US [sports betting](https://sotawiki.net/sota/User:AnalisaViles118) ban?
+
Published
+
4 December 2017
\ No newline at end of file