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The increasing relationship between professional sports and the sports betting industry

In a landmark decision, the Supreme Court of the United States ruled in favor of New Jersey on May 14, 2018, allowing states to legalize sports betting. This decision came after a seven-year legal battle fought by the state against a federal law from 1992 that prevented states from implementing sports betting. Despite the efforts of leagues, including the NFL, to challenge this law and spend tens of millions of dollars in legal fees, the court ultimately sided with New Jersey.

As a result of this decision, 38 states and the District of Columbia have since legalized sports betting. This has opened up new opportunities for fans to place bets on their favorite teams and has changed the landscape of sports betting in many parts of the country. For those who enjoy placing bets on their favorite teams, this is welcome news as they can now do so legally in a majority of states.

Another aspect that was discussed during this time was the allure of Las Vegas. Traditionally known as a city with everything but sports, Vegas has undergone a shift with the arrival of sports teams such as the NHL, WNBA and NFL franchises. The moral high ground of the NFL was called into question when they decided to place a franchise in Las Vegas despite its previous stance on sports betting. As more and more sports teams make their way to Las Vegas, it will be interesting to see how this impacts not only Las Vegas but also other cities across America that are becoming more interested in hosting major sporting events.

By Editor

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