States now have choice to legalize sports gambling
New Jersey filed to get sports betting legalized by the U.S. Supreme court. The Court of the United States voted 6-3 to overturn the ban on sports gambling Monday, May 14, 2018, according to Fox News. Before this, Nevada was the only state that legally allowed sports betting. This overturn marked a defeat for sports organizations and the federal government, which wanted to uphold the ban.
The law banning sports betting was originally created in 1992. New Jersey first tried the case to challenge the law in 2011, in hopes that sports gambling, or betting, would increase tax revenue and tourism. The court said that federal law violated the constitution on how the federal government controls state policy. It said that it is better for the states to choose if they want to allow the legalization within their own state, according to CNN.
"The legalization of sports gambling requires an important policy choice, but the choice is not ours to make," Justice Samuel Alito wrote. "Congress can regulate sports gambling directly, but if it elects not to do so, each state is free to act on its own."
After this decision was made, stock in Caesars Entertainment rose by six percent, and DraftKings said it will be entering the sports betting industry.
New Jersey's governor, Gov. Phil Murphy, was thrilled that this decision was made.
"I am thrilled to see the Supreme Court finally side with New Jersey and strike down the arbitrary ban on sports betting imposed by Congress decades ago," Murphy said Monday. "Today's ruling will finally allow for authorized facilities in New Jersey to take the same bets that are legal in other states in our country."
The NCAA, all four sports leagues, and the federal government urged the court to keep the federal law. The sports leagues believed that the betting would hurt the integrity of the games.