Sentences with phrase «legalizing sports»

Supreme Court Strikes Down Federal Law That Prohibited States From Legalizing Sports Gambling May 14th, 11:20 am UTC at Hit & Run by Damon Root

The one thing they all have in common is they will be running afoul of an obscure federal law that for 25 years has prohibited states from legalizing sports gambling.

COLUMBUS — Ohio Attorney General Mike DeWine is urging state lawmakers to get in front of a potential ballot issue by legalizing sports betting.

A U.S. Supreme Court ruling effectively legalizing sports gambling across the nation has created a lot of question marks in New York and the governor indicated he doesn't expect them all to be answered any time soon.

QUOTE OF THE DAY: «Gambling always makes me queasy because I think for a lot of people it's an addiction... It's hard to get entirely excited about it,» — Bill de Blasio, on the Supreme Court's decision legalizing sports betting

The senator said he is also in favor of legalizing sports betting to raise revenue, claiming organized crime takes in $ 300 billion a year through sports betting, which Avella said is used to fund their illegal activities.

Legalizing sports betting would allow states the regulation and oversight to bring a common practice out of the shadows.

In addition, legalizing sports betting makes sense economically.

An upcoming Supreme Court decision could strike the law that prevents most states from legalizing sports betting, and that has some of the nation's top athletes concerned.

And Freeman says there is a «perfect storm coming together» in America right now in favor of legalizing sports betting.

Today, the U.S. Supreme Court is hearing Christie et al vs NCAA et al, the crux of which is whether the state of New Jersey can legalize sports betting in its state, despite a 1992 federal law that banned sports betting everywhere in the U.S. except Nevada.

An exception would have been made for New Jersey if it had decided to legalize sports gambling within a year of the law passing.

New Jerseyans have voted in large support for legalized sports betting throughout the 2010s.

New Jersey state lawmakers have twice attempted to enact legislation that would legalize sports betting in the state.

At the time only Nevada, Oregon, Montana and Delaware had some form of legalized sports betting on the books and for the past two decades nothing had changed substantially.

• In a victory for proponents of legalized sports gambling, the Oregon lottery commission last week approved plans for Sports Action, a statewide football lottery (SI, June 19) to begin in September.

According to a recent article by Carl Campanile of the New York Post, it appears that the push toward legalized sports betting in America is gaining some serious legislative steam.

In a recent blog post we examined how the tide of legalized sports betting has shifted thanks to new bipartisan legislation proposed by New Jersey Governor (R) Chris Christie and New York Senator (D) Tony Avella.

«I've been in favor of legalized sports betting.

With a possible Supreme Court case being heard this year that could legalize sports betting, the NBA has taken proactive steps to be prepared for it.

Sports Betting — New Jersey Governor Chris Christie continues to display a great deal of hypocrisy by now rejecting a bill that would have helped the state's efforts for legalized sports wagering, something he once fought for.

Sports Betting - New Jersey Governor Chris Christie continues to display a great deal of hypocrisy by now rejecting a bill that would have helped the state's efforts for legalized sports wagering, something he once...

With broad public support, a states right precedent set in Colorado and Washington, and money to be had, the fight to legalize sports betting continues.

Essentially, Christie vs NCAA boils down to a states rights issue: New Jersey should have the right to decide whether or not to legalize sports betting within their borders, not the federal government.

Several other factors are on New Jersey's side as they fight to legalize sports betting.

It's also ironic that the league holds games annually in London and Mexico City — both of which allow legalized sports betting.

Silver has been dramatically different than his predecessor, David Stern, but even the former commissioner has voiced his support for legalized sports betting in the United States.

Sports betting is good for business, and legalized sports betting allows leagues to be compensated for their product, rather than having money illegally wagered online and with local bookies.

The Supreme Court is expected to rule soon, maybe next week, on whether or not to legalize sports betting in New Jersey.

Voters in New Jersey have voiced their support for legalized sports betting, but that doesn't go far enough.

Bettman has publicly stated his concerns with legalized sports betting, but he's not worried about the integrity of the game.

For example, according to the Washington Post, last year a total of $ 3.5 billion was bet on sports in the state of Nevada, speaking to how popular and in demand legalized sports betting is.

Even after the U.S. Supreme Court denied to hear the legalized sports betting case, Lesniak has been quoted saying «I plan on placing my first bet at Monmouth Racetrack on September 8 for the Giants to cover the spread against the Lions on Monday Night Football.»

In that case, Governor Chris Christie signed a bill into law that legalized sports betting in the state, however, the federal ban on gambling still needs to be overturned before that bill can be passed.

-- Yesterday brought big news in New Jersey's push to legalize sports betting.

Independent reports have stated that legalized sports betting could generate over $ 1 billion in bets in its first year alone.

Right now only Nevada, Oregon, Montana and Delaware have legalized sports betting but with an estimated $ 13 billion budget deficit, sports betting would inject some much needed income into the California economy.

That means legalized sports betting could theoretically inject $ 40 billion dollars into the economy.

It recently dawned on sports leagues, however, that there is a lot of money to be made in a legalized sports gambling world.

TRENTON — The U.S. Supreme Court today spurned New Jersey's long effort to legalize sports betting, handing another defeat to Gov. Chris Christie and lawmakers who view it as a way to revive Atlantic City and the state's ailing racetracks.

A bill announced Thursday by Sen. John Bonacic would legalize sports betting at casinos in New York.

The U.S. Supreme Court is expected to rule soon on whether to allow legalized sports betting across the country, and many states — including New York — are lining up at the gate to cash in on the possible tax revenue and job creation.

State Sen. John Bonacic, Racing and Wagering Committee Chair, accelerated his push to legalize sports betting in New York by introducing a bill that would allow it, but only at upstate casinos, which hinges on how the U.S. Supreme Court rules on a lawsuit to overturn the federal ban on sports betting.

Heastie, along with Majority Leader Joe Morelle, is one of the co-sponsors of the bill that would legalize the sport in New York.

The top lawmaker on the Senate Racing, Gaming and Wagering Committee on Monday said he is confident the Legislature could move to legalize sports betting in New York by the end of the session next month.

After a multi-year legal battle between New Jersey and the four major sports leagues, MLB, NBA, NFL and NHL, to get legalized sports betting outside of Nevada only, the monumental ruling paves the way for Tioga Downs as well as the other three New York state casinos to offer this type of wagering on property once legislation is written and passed by the state.

Gov. Matt Bevin (R) said about last week's Supreme Court decision allowing states to decide whether or not to legalize sports gambling, «Whether this ultimately results in any change for Kentucky is something that will be determined... in a future legislative session,» reports the Courier - Journal.

Newly elected Assembly Speaker Carl Heastie was a previous co-sponsor of the bill that would legalize the sport.

Republican Sen. John Bonacic on Monday in a statement said he was confident the Legislature could act on the bill as the Supreme Court ruled Monday that states could legalize sports betting.

The Senate passed a bill to legalize the sport, by a vote of 43 to 14, and the Speaker of the Assembly opened the door to possible approval in his house.