Supreme Court opens doors for sports gambling - CBS46 News

Supreme Court opens doors for sports gambling

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(Source: WGCL) (Source: WGCL)

A recent Supreme Court decision to strike down the ban on sports betting may soon mean sports gambling could be legal in states other than Nevada.

On Monday the court struck down the 1992 Professional Sports and Amateur Protection Act that barred sports gambling.

The case started in New Jersey, which has been fighting to legalize sports betting.

Eighteen other states supported New Jersey in the lawsuit showing there could be a rush to join in legalized gambling.

"Over the course of the next couple of years, you're probably going to see 40 states with some form of sports betting," says Sr. VP of American Gaming Association Sara Slane.

Slane says Americans wagered $10 billion on this year's NCAA Men's Basketball Tournament alone, with just three percent of bets placed legally in Nevada.

"People were betting offshore. No consumer protections in place. Again, we're not sure how many bookies people were working with, but there was clearly a huge demand to see this happen."

Experts estimate sports gambling is a $150 billion a year industry.

Only about five billion of that is wagered each year in Nevada where sports gambling is legal.

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