Why U.S. Sports Betting Was Mostly Illegal, Until Now
U.S. Supreme Court Rules States Can Legalize Sports Gambling
Betting on sports holds a peculiar place in American recreation: Only in Nevada has it been broadly legal, even though it happens pretty much everywhere. Now a Supreme Court ruling on a challenge by New Jersey could bring the activity into the open, complete with regulation, taxation and competition.
The Professional and Amateur Sports Protection Act of 1992 halted the spread of legal sports betting beyond states that then allowed it. Nevada, where sportsbooks have been a part of casinos since 1975, was grandfathered in, as were more limited state-run sports lotteries in Oregon, Delaware, and Montana. New Jersey, home to Atlantic City’s casino industry, was given a year to adopt sports betting, but a push back then to amend the state constitution failed.