U.S. states will be able to legalize sports gambling following a Supreme Court ruling. New Jersey will be among the first to do so:
The U.S. Supreme Court freed states to legalize gambling on individual sporting events, unleashing what will be a race to attract billions of dollars in wagers and heralding a new era for the nation's sports leagues.
The justices on Monday struck down [PDF] the federal law that had barred single-game gambling in most of the country, saying it unconstitutionally forced states to maintain their prohibitions. Nevada has been the only state with legal single-game wagering.
Sports gambling could begin in a matter of weeks in casinos and racetracks in New Jersey, which instigated the legal fight by repealing its gambling ban. Mississippi, Pennsylvania, New York, Delaware and West Virginia could follow soon, and the number of states might reach double digits by the end of the year.
Also at SCOTUSblog, Reuters, and USA Today.
(Score: 2, Funny) by Anonymous Coward on Tuesday May 15 2018, @08:12AM (2 children)
If there is one good thing about it... the gambling will take just that much more money from the average Joe and transfer it back to the super-wealthy.
That will help keep prices down as the average Joe will have just that much less money to spend for things like house payments and rent.
(Score: 4, Interesting) by c0lo on Tuesday May 15 2018, @09:42AM
True, I can hear the vac pump revving up. Even those not interested in gambling will suffer the incessant assault of ads - happens in Australia nowadays.
(a google search I just did on 'betting Australia' managed to return a first page with exactly 1 result and all the rest being ads entries)
I'm not quite sure about that. True, there will be areas in which this will happen, most of them will be where the job market is sluggish now anyway.
But there will still be areas where the demand is over the supply... see the extreme gentrification of LA/Seattle.
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 2) by PartTimeZombie on Wednesday May 16 2018, @12:47AM
Yup, that's pretty much what happens where I live.
To be fair it's Poker machines (or pokies as they're known here) that cause the real harm.