Loading ...Supreme Court Strikes Down Federal Sportsbetting Ban
In a decision that could rob the American Mafia of one of its few remaining sources of income – and potentially save the ailing Atlantic City – the Supreme Court on Monday struck down a federal ban on sportsbetting, saying states should be free to decide whether to legalize the business. The decision, according to the Washington Post “is sure to set off a scramble among the states to find a way into a billion-dollar business.” It could also negatively impact revenues in Las Vegas because, until Monday, betting on live sporting events was only legal in Nevada – though a few other states have sports lotteries.
https://www.zerohedge.com/news/2018-05-14/supreme-court-strikes-down-federal-sportsbetting-ban