Gambling operators are now taking a second look at the U.S. market especially after the reactions of a majority of the Supreme Court (SC) justices have given them a renewed sense of hope that the country will finally lift the long-standing ban on sports betting. Or are these justices just bluffing during the hearing of New Jersey’s historic case? Truth be told, the fate of U.S. sports betting won’t be known until the high tribunal gives its final judgment in June. Industry leaders, government regulators, and analysts will try to take a look at the different scenarios of the high…

A pending decision by the U.S. Supreme Court could open the door to legalize sports betting in any state that approves it. A nonprofit organization that supports Iowa’s casinos plans to draft legislation that would legalize sports gambling in the state, should the U.S. Supreme Court rule in a way that makes that possible. That eventually could allow state-licensed casinos like the Hard Rock Hotel & Casino Sioux City to offer wagering on sporting events along with slot machines and table games. “I think there’s a great deal of interest among people (who want) the opportunity to bet on a…

A Michigan online gambling bill that advanced on Wednesday now has a sports betting provision in it. Lawmakers in the state advanced Rep. Brandt Iden’s bill that would legalize online casinos and poker in the state. The bill was approved in a hearing by the House Regulatory Reform Committee, which Iden chairs. The most recent version of H 4926 contains new language regarding online sports wagering. The potential for sports wagering is becoming real for states like Michigan, as New Jersey is challenging the ban on single-game wagering in the US Supreme Court. A win for the state in the…

It was supposed to be the first of its kind in New Jersey: a lounge at Monmouth Park racetrack where people could legally bet on sports games — just like they do in Las Vegas. Four years after it was built, not a single bet has been placed. The lounge at the Oceanport track has been operating as a sports bar instead as the state’s effort to legalize sports betting at racetracks and casinos has been held up in a lengthy court battle. But that could soon change. The U.S. Supreme Court is scheduled to hear oral arguments in the…

“PASPA is unconstitutional” says Texas Attorney General Ken Paxton. He has described the US federal sports betting ban as such in a statement published by the American Sports Betting Coalition (ASBC). The comments were made in relation to the state of New Jersey and their Supreme Court betting case, in which the state is attempting to partially repeal laws under the federal Professional and Amateur Sports Protection Act (PASPA). The full quote by Paxton, published by the ASBC on Twitter, read: “PASPA is unconstitutional and tramples on state sovereignty. By ending PASPA, states can rightfully decide whether they want regulated…

The NBA appears to be ready to lobby Congress to legalize and regulate sports betting in the US, a shift in the pro basketball league’s public stance from just a year ago. The NBA publicly talked about its intent to lobby Congress for the “federal framework” it has long espoused at the Sports Betting USA conference that is taking place in New York City this week. Here’s a synopsis of what NBA Senior Vice President and Assistant General Counsel Dan Spillane said: “We have advisors in DC & legislation we’re pulling together with our commissioner who jump started the conversation…