May 14, 2018 12:44 PM
WASHINGTON (AP) - The Supreme Court has struck down a federal law that bars gambling on football, basketball, baseball and other sports in most states, giving states the go-ahead to legalize betting on sports.
The Supreme Court on Monday struck down the Professional and Amateur Sports Protection Act. The 1992 law barred state-authorized sports gambling with some exceptions. It made Nevada the only state where a person could wager on the results of a single game.
One research firm estimated before the ruling that if the Supreme Court were to strike down the law, 32 states would likely offer sports betting within five years.
The court's decision came in a case from New Jersey, which has fought for years to legalize gambling on sports at casinos and racetracks in the state.
As for New York, Governor Andrew Cuomo's office says it's currently reviewing the court's decision.
The American Gaming Association calls the Supreme Court's decision to strike down a federal law barring gambling in most states "a victory for the millions of Americans who seek to bet on sports in a safe and regulated manner."
The NCAA's chief legal officer says the organization is still reviewing the Supreme Court's decision but adds that it "will adjust sports wagering and championship policies to align with the direction from the court.
Donald Remy added that the NCAA is reviewing the decision "to understand the overall implications to college sports."
Updated: May 14, 2018 12:44 PM
Created: May 14, 2018 10:14 AM
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