Showing posts with label sports betting. Show all posts
Showing posts with label sports betting. Show all posts

Tuesday, December 5, 2017

Supreme Court Hears New Jersey Sports Betting Case

Washington, D.C. - December 5, 2017 - (The Ponder News) -- U.S. Senator Bob Menendez released the following statement after the U.S. Supreme Court heard oral arguments on New Jersey’s case to legalize sports betting:

“Six years ago, the people of New Jersey spoke out overwhelmingly by referendum in favor of legalizing sports betting in the Garden State. After years of legal wrangling, they were finally heard by the U.S. Supreme Court.

“Whether we like it or not, and despite well-intentioned federal restrictions on sports betting, fans across the nation continue to place wagers on their favorite sports teams. But it’s time to bring sports gaming into the light, so that states like New Jersey can protect against underground and dangerous operations while collecting much needed revenue.

“By continuing to challenge New Jersey state’s rights even after partnering with daily fantasy sports—gambling by any other name—the professional sports leagues have made clear their true intentions: they care less about the so-called sanctity of their games, but rather about protecting their own money-making, cottage gaming industry.

“It is my hope that the nation’s highest court will uphold the will of the people and allow New Jersey to legislate its own affairs.”


See more headlines at The Ponder News Web Site

Wednesday, October 18, 2017

Challenging the Federal Law that Makes Sports Betting a Crime

Washington, D.C. - October 18, 2017 (The Ponder News) -- As the U.S. Supreme Court prepares to hear a lawsuit challenging a sports gambling ban on December 4, a new Competitive Enterprise Institute report explains how the ban prevents states and their voters from deciding on the legalization of sports gambling for themselves and leaves consumers exposed to gambling fraud.

“The federal government has no business telling states they can’t legalize sports betting if they want to,” said Michelle Minton, CEI senior fellow and author of the report, Let States Regulate Sports Gambling within their Borders. “The Supreme Court should consider the impact this case will have on voters' ability to decide how their state ought to treat other important policy issues ranging from cannabis regulation to gun control. Since sports betting is currently a multi-billion dollar industry, keeping it illegal will only leave consumers unprotected from gambling fraud and allow criminal organizations to profit and thrive in a black market.”

The report describes the ban’s negative impact on consumers, who now have no legal protections from cheaters and swindlers. Europeans already benefit from the legalization of sports betting because sports leagues work with the gambling industry against corruption and match-fixing – safeguards that American consumers don’t have.

The report also explains how the law banning sports betting, the Professional and Amateur Sports Protection Act of 1992 (PASPA), diminishes government accountability, violates state sovereignty, and conflicts with the Constitution’s Tenth Amendment, which reserves to the states and its citizens powers not otherwise delegated to the federal government.

CEI, in conjunction with Pacific Legal Foundation and several other free market groups, submitted an August 2017 amicus brief to the Supreme Court in support of New Jersey’s challenge to PASPA, Christie v. NCAA. The case stems from a 2011 vote by the citizens of New Jersey to repeal the state’s ban on sports betting and a subsequent lawsuit by the National Collegiate Athletics Association claiming PASPA prohibited such a repeal.

View the report, Let States Regulate Sports Gambling within their Borders

Related News:

Supreme Court agrees to hear NJ sports betting case

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