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[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)<br>US ruling opens way for [states-wide](https://swaggspot.com/read-blog/9690_just-how-much-are-americans-spending-on-sports-betting.html) [sports betting](https://connectingsparks.com/read-blog/25160_how-are-betting-odds-calculated.html)<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) |
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<br>14 May 2018<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) |
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<br>Share<br> |
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<br>close panel<br> |
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<br>Share page<br> |
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<br>Copy link<br> |
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<br>About sharing<br> |
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<br>The US Supreme Court has actually made a landmark [judgment](https://clik.social/read-blog/19028_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) that might enable states throughout the country to legalise [sports betting](https://projectblueberryserver.com/index.php/User:JoeDay35155297).<br> |
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<br>It has actually a 2014 state ruling in New Jersey which [permits](https://forum.webmark.com.tr/index.php?qa=60941&qa_1=warner-bros-discovery-sets-stage-for-potential-cable-deal-by) [sports betting](https://rhabits.io/read-blog/7581_enhance-your-business-opportunities-with-efficient-sports-apps.html) wagering in [casinos](https://www.matesroom.com/read-blog/1216_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) and at [horse racing](https://peoplesmedia.co/read-blog/12540_how-are-betting-odds-calculated.html) tracks.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) |
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<br>The court also overruled a 1992 federal law prohibiting [sports betting](https://tripta.social/read-blog/1306_missouri-sports-betting-ballot-measure-approved-by-voters.html).<br> |
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<br>The news sent out the [share costs](https://camlive.ovh/read-blog/2478_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) of [sports betting](https://wiki.tld-wars.space/index.php/Utilisateur:JulioKellett89) stocks in the US and UK rising, including Britain's [William](https://www.social.united-tuesday.org/read-blog/19456_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) Hill and Paddy Power.<br> |
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<br>Several significant US [sports betting](https://parentingliteracy.com/wiki/index.php/User:DelOsorio3430973) bodies had opposed the relocation, [including](https://birdiey.com/read-blog/357_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) the National Basketball Association.<br> |
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<br>The National Collegiate [Athletic](https://learn.ivlc.com/read-blog/64_things-you-need-to-know-about-rafting-adventures.html) Association stated it was a hazard to the "stability of athletic competitors".<br> |
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<br>However, Justice Samuel [Alito wrote](https://theavtar.in/read-blog/30187_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) on behalf of the [Supreme](http://www.vokipedia.de/index.php?title=Benutzer:Jaimie8851) Court: "The legalisation of [sports betting](https://cittaviva.net/read-blog/25093_for-sports-gambling-to-be-legalised.html) gambling requires an important policy choice, however the option is not ours to make.<br> |
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<br>"Congress can manage [sports betting](https://usvs.ms/read-blog/799_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) straight, however if it chooses not to do so, each state is [totally free](https://comunidadebrasilbr.com/read-blog/14359_the-ins-and-outs-of-betting-on-the-nfl-draft.html) to act upon its own."<br> |
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<br>Winners and losers<br> |
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<br>Shares in UK-based bookmakers got on the judgment. Paddy Power Betfair's share price rose 10.5%, 888 Holdings jumped 14%, William Hill's stock got 9.4% and GVC Holdings rallied 6%.<br> |
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<br>In the US, shares in Churchill Downs, which owns horse race tracks and gambling establishments increased by 5.73%.<br> |
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<br>But Wynn Resorts, the Nevada-based hotels and casino operator, saw its share price fall by 2% on the possibility of competition from new entrants to [sports betting](https://youslade.com/read-blog/41401_sport-betting-industry-wants-to-protect-itself.html) wagering.<br> |
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<br>The Supreme Court choice strikes down the Professional and Amateur [sports betting](https://wiki.snooze-hotelsoftware.de/index.php?title=Benutzer:NikoleQnd40348) Protection Act (PASPA) of 1992 that restricted [sports betting](https://encone.com/read-blog/46254_sport-betting-industry-looks-to-protect-itself.html) wagering in most states.<br> |
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<br>It is just allowed only a couple of states, consisting of Nevada, home to Las Vegas, Delaware, Montana and Oregon.<br> |
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<br>Neil Wilson, chief market analyst at markets.com, said that William Hill stands to get the most following the ruling because it "can present [sports betting](http://famedoot.in/read-blog/82_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) operations pretty quickly from Nevada, where it currently operates and has very strong market existence".<br> |
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<br>He included that the business also has a New Jersey operation "that is primed and ready to start taking bets within days".<br> |
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<br>Paddy Power Betfair has an existence in the US through TVG, one of the nation's biggest online horse racing companies.<br> |
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<br>Betfair bought TVG in 2009 for $50m before it went on to merge with Paddy Power.<br> |
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<br>Paddy Power Betfair likewise operates an online casino and horse race wagering organization in New Jersey.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) |
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<br>More on this story<br> |
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<br>High stakes for fixed-odds wagering makers<br> |
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<br>12 May 2018<br> |
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<br>Slam dunk for US [sports betting](https://socialsnug.net/read-blog/8125_just-how-much-are-americans-spending-on-sports-betting.html) restriction?<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) |
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<br>Published<br> |
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<br>4 December 2017<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) |
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