It has been "dormant" since 2013, waiting for the possibility that sports betting could be legal in NY.
It's amusing how this case, which was filed by former New Jersey Governor Chris Christie, ended with some wise words from the one of the most ardent opponents of marijuana legalization in the country. Christie posted to Twitter on Monday: This is "a great day for the rights of states and their people to make their own decisions".
The partnership will be subject to regulatory approvals in New Jersey and "sports wagering legislation", indicating that the agreement may hinge on changes in gambling law or the sports-betting landscape. And even after a state completes that process, its new sports betting laws will likely face vigorous challenges from opponents and robust scrutiny by the courts because, as the Court noted in its opinion, "the legalization of sports gambling is a controversial subject" about which "Americans have never been of one mind".
To facilitate sports betting in Jersey, these tracks and casinos will have to start hiring and soon.
"We look forward to working with the state of Oklahoma on a compacting supplement to address sports pool, which is something that could be easily implemented along the lines of what the Oklahoma Legislature made room for with respect to "ball and dice" games this past session", Lance said.
The Ethics & Religious Liberty Commission of the Southern Baptist Convention has also taken issue with the recent ruling. "It is destructive. But again, it's the Supreme Court making a decision on very narrow grounds". "While we are still reviewing the decision to understand the overall implications to college sports, we will adjust sports wagering and championship policies to align with the direction from the court". (You're more likely to be hit by lightning.) It is true these games can be as addictive as any other form of gambling.
Through a spokesman, Virginia Tech athletic director Whit Babcock declined an interview request, deferring comment to ACC Commissioner John Swofford.
He didn't immediately respond to follow-up questions. The four new non-Indian nation casinos are clearly hoping for some quick action.
Will people in all other states be allowed to bet?
Tribes that operate casinos across the country may have to amend the compacts they have with their respective states, but most tribal leaders are aggressively pursuing the ability to have sportsbooks. Additionally, the Court's decision also leaves the door open to future federal bans on sports betting, noting that "Congress can regulate sports gambling directly" if it chooses to do so. Any bill must pass both houses before it moves to the governor's desk.
First of all, the Legislature would have to act quickly.
As shares in various betting companies shot up on Monday, on the back of this multibillion dollar United States gambling opportunity, one "Financial Times" commentator said perhaps it is time to short the mafia. Countless laws are in place not just to protect us from our own most sinister ideas but also to merely shield us from our mediocre collective judgment.
Where does Cuomo play into this? Yet he ought to have known that the legislation he authored was unconstitutional, and he ought to have known that Congress could have outlawed sports betting had it chosen to do so. Some might set up sports betting parlors.
On Monday, Cuomo didn't sound eager to act. "We will continue to support legislation that creates air-tight coordination and partnerships between the state, the casino operators and the governing bodies in sports toward that goal".
What about the Native American casinos?
"There's obviously a huge underground sports wagering business that's going on", Selig said.
One is predictably the National Football League, which put out a statement that among other things, made a fairly emphatic call for some sort of overarching Congressional regulation of the now-legalized sports betting industry. Equally, because sports betting has been prohibited for so long, it isn't clear what kind of stance different state legislators will take.
The Senecas, who own casinos in Buffalo, Niagara Falls and Salamanca, issued a statement Monday that didn't take a definitive stance.
Now, we're taking a look at how it could impact northern MI casinos down the road.