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ZNGA: GAMBLING IN… U.S., SUPREME COURT COULD LEGALIZE, HEARING CASE TODAY 12 4 2017





ZNGA: GAMBLING U.S.EXPERTS BELIEVE…A GOOD CHANCE TO WIN

EXPERTS BELIEVE NEW JERSEY HAS A GOOD CHANCE TO WIN THE CASE, given that SCOTUS GRANTS APPEALS IN ONLY A FRACTION

OF CASES AND OFTEN OVERTURNS LOWER COURTS.


the Professional and Amateur Sports Protection Act (PASPA), A FEDERAL LAW THAT BANS SINGLE-GAME SPORTS WAGERING OUTSIDE OF NEVADA.


"MY SENSE IS THE LAW WILL CHANGE IN THE NEXT FEW YEARS IN THE UNITED STATES," NBA COMMISSIONER ADAM SILVER TOLD THE SPORTS BUSINESS JOURNAL EARLIER THIS YEAR. "







SUPREME COURT CASE COULD LEGALIZE SPORTS GAMBLING IN MUCH OF U.S.
NFL
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DECEMBER 2, 2017 9:36AM ESTDECEMBER 2, 2017 9:36AM ESTBASKETBALL, NHL, AMERICAN FOOTBALL, BASEBALL, ENGLISH, HOCKEY, NFL, NBA, MLBFIFTEEN STATES HAVE PASSED OR PROPOSED LEGISLATION THAT WOULD LEGALIZE SPORTS GAMBLING IF THE SUPREME COURT RULES IN NEW JERSEY'S FAVOR.

Sports book at Red Rock Casino(Getty Images)

Arthur Weinstein

PUBLISHED ON DEC. 2, 2017

After New Jersey passed a 2014 law allowing sports gambling at casinos and race tracks, the NFL, NBA, MLB, NHL and NCAA all promptly sued the state citing the damage that such a law could do to their sports.
That New Jersey law is the focus of a case that is scheduled to go before the Supreme Court Monday. Although judges will not render a decision until next year, if the court rules in the state's favor, it could open up legalized sports betting throughout the U.S.

At issue is a 1992 federal law, the Professional and Amateur Sports Protection Act, which barred all states but Nevada, Oregon, Delaware and Montana from offering sports gambling. Nevada is the only state to allow single-game wagering, while the other three offer much more limited options.

But the American Gaming Association told NorthJersey.com that, in addition to New Jersey, 14 other states have already proposed or already passed laws that would permit such gambling if the Supreme Court rules in New Jersey's favor.
No one knows for certain how much is wagered on sports each year in the U.S., from Vegas books to corner bar parlay card players to offshore sites, but consider this: In 2015, the American Gaming Association estimated that Americans would bet $93 billion that season just on NFL and college football games.

OTHER ESTIMATES SAY U.S. BETTORS ILLEGALLY WAGER UP TO $380 BILLION A YEAR.
Clearly, the illegal market dwarfs the numbers taken in by legal books; the AGA estimates $200 million was legally gambled on Super Bowl 51, VERSUS $4.5 BILLION IN ILLEGAL WAGERING.
Earlier this year, NFL commissioner Roger Goodell said the league still opposes legalized sports gambling.
"I think (owners) still strongly oppose legalized sports gambling," Goodell said at the owners meetings in Phoenix. "The integrity of our game is No. 1. We will not compromise on that."

BUT OFFICIALS IN OTHER LEAGUES SEEM TO REALIZE THE DAY IS COMING WHEN, LIKE IT OR NOT, LEGAL SPORTS BETTING WILL BE A REALITY IN MUCH OF THE U.S.
"MY SENSE IS THE LAW WILL CHANGE IN THE NEXT FEW YEARS IN THE UNITED STATES," NBA COMMISSIONER ADAM SILVER TOLD THE SPORTS BUSINESS JOURNAL EARLIER THIS YEAR. "People want to bet throughout the game.

IT RESULTS IN ENORMOUS ADDITIONAL ENGAGEMENT WITH THE FANS."


Source:

www.sportingnews.com/nfl/news/supreme-court-sports-betting-new-jersey-legalized-nfl-nba-ncaa/1ftvqq53nbdt61w04z2c01bgps








SUPREME COURT TO HEAR SPORTS BETTING CASE DEC. 4
NATION'S HIGHEST COURT COULD OVERTURN PASPA
BY BRIAN PEMPUS | PUBLISHED: OCT 09, 2017 | E-MAIL AUTHOR


One of the most pivotal legal battles in the gaming industry’s history will ratchet up a level when it’s heard before the U.S. Supreme Court on Dec. 4.
That’s per a report from NorthJersey.com. The Supreme Court said this summer that it would take up the case before the end of the year. A ruling is expected sometime early next year.
Debating the meaning of the Constitution is a pretty popular activity in the political world these days, and that’s precisely what the high court will look at when determining whether the Professional and Amateur Sports Protection Act of 1992, which bans traditional sports betting outside of Nevada, is in violation of states’ rights.
The issue was brought to this stage in the game by the state of New Jersey, which is home to the beleaguered gambling town Atlantic City, once the nation’s second largest gambling market. New Jersey tried to circumvent PASPA by passing its own sports betting legislation, but the leagues and the NCAA blocked its implementation. The Atlantic City casino industry for years has been ready for sports books if the legal hurdles are cleared.
But the Supreme Court likely won’t be making a ruling that affects just New Jersey. IF PASPA IS OVERTURNED, ANY STATE COULD AUTHORIZE SPORTS BETTING. THERE ARE CASINOS IN SOME 40 U.S. STATES, AND ALL WOULD AT LEAST TAKE A LOOK AT THE ACTIVITY IF IT WERE LEGAL.

Why sports betting and why now? The activity has never been more popular in America, with the nationwide sports betting market now standing at some $150 billion, according to the American Gaming Association. That’s the amount wagered, mostly through illicit channels.

IN NEVADA, A RECORD $4.5 BILLION WAS BET LAST YEAR. The Silver State sports books retained nearly 5 percent of that amount in the form of winnings ($219 million). If the nationwide market stayed at $150 billion and the casino industry captured and retained five percent of it, then that would be an additional $7.5 billion in annual revenue.

The casino gambling market (commercial and tribal) is worth about $70 billion annually, so sports betting has the potential to grow the entire market by 10 percent. Another driving force underpinning the whole sports betting debate is that the U.S. casino gambling market has seen only modest growth since recovering from the Great Recession.
Others have estimated that the current sports betting market could be as high as $400 billion. But there are other benefits than revenue.

“A LEGAL SPORTS-BETTING INDUSTRY COULD GENERATE UP TO $26.6 BILLION IN TOTAL ECONOMIC IMPACT EVERY YEAR THOUGH GDP INCREASES, TAXES DOLLARS, AND OVER 150,000 WELL-PAYING AMERICAN JOBS,” THE AGA SAID IN A BRIEF FILED WITH THE SUPREME COURT.
Additionally, the immense popularity of fantasy sports, a form of betting on sports, has caught the attention of the casino industry. eSports, and betting on them, are also being eyed by the industry.

WHATEVER THE CURRENT MARKET SIZE IS, IT’S CLEAR THAT AMERICANS VIEW THE ACTIVITY AS ACCEPTABLE. THERE HAVE BEEN SEVERAL HIGH-PROFILE POLLS SHOWING INCREASED SUPPORT FOR SPORTS BETTING, WITH THE LATEST—A SURVEY FROM UMASS LOWELL AND THE WASHINGTON POST—SHOWING THAT 55 PERCENT OF AMERICANS SUPPORT IT BEING LEGAL NATIONWIDE. A THIRD OF RESPONDENTS OPPOSED THE IDEA.


Source:

http://www.cardplayer.com/poker-news/22109-supreme-court-to-hear-sports-betting-case-dec-4







THE NJ CASE AT A GLANCE

At issue is the state’s attempt to repeal its own laws in order to legalize sports betting within its borders. So far, the NCAA and the major North American pro sports leagues have turned back those efforts in federal court.

They have done so by utilizing the Professional and Amateur Sports Protection Act (PASPA), A FEDERAL LAW THAT BANS SINGLE-GAME SPORTS WAGERING OUTSIDE OF NEVADA.

However, the state of New Jersey won the right to appeal the case to the Supreme Court. The state is arguing that PASPA is unconstitutional, in that it forces states to keep laws on the books, even if they move to change them. (The state has a prohibition on sports betting in place; the law passed attempted to lift that ban.)


THE TIMELINE FOR SCOTUS AND IMPACTS
The December date sets up the court to make a decision sometime in 2018, likely in the first half of the year.
If New Jersey were to win — with SCOTUS ruling PASPA unconstitutional — it sets up a scenario where other states could legalize sports wagering. A variety of other scenarios are also possible, including a ruling more narrowly on NJ’s sports betting law or upholding the lower courts’ finding against the state.

EXPERTS BELIEVE NEW JERSEY HAS A GOOD CHANCE TO WIN THE CASE, given that SCOTUS GRANTS APPEALS IN ONLY A FRACTION OF CASES AND OFTEN OVERTURNS LOWER COURTS.


Source:

https://www.legalsportsreport.com/15921/nj-sports-betting-case-december/