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SCOTUS - States free to legalize sports betting

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Here we go.

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The Supreme Court ruled Monday that states are free to legalize sports betting, a ruling that is sure to set off a scramble among the states to find a way into a billion-dollar business.

“The legalization of sports gambling requires an important policy choice, but the choice is not ours to make,” wrote Justice Samuel A. Alito Jr., in striking down a federal law that kept New Jersey and other states from changing their laws to allow such gambling.

https://www.washingtonpost.com/politics/courts_law/states-are-free-to-authorize-sports-betting-supreme-court-rules/2018/05/14/31a46d16-2af1-11e8-b0b0-f706877db618_story.html?noredirect=on&utm_term=.30a9affc34b8

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You can "bet" that which ever states go with gambling, the Vegas casino owners will be their first. I suspect more states than not will go with some form of betting just for increased state revenue reasons. Most states could use the extra money. 

Living near Vegas,  I place quite a few bets during the year. I have a futures bet right now on the Cubs meeting the Red Sox in the world series. 

I cashed in a ticket on the Warriors winning  their conference due to a bizarre circumstance. It seems where I placed that futures bet, the owner of the casino also owns, or is part owner the the Rockets. His casino can't take wagers for, or against the Rockets. Warriors won by default. I'd like to say I planned this, but that's not the case. I read about it the local paper.

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I wish this meant I would pay less in taxes but I'm sure it will not be enough to notice. I don't really enjoy betting but will take the added state revenue I suppose.

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“Following the Supreme Court’s ruling today, the PGA Tour reiterates its support of the regulation of sports betting in a safe and responsible manner. We believe that regulation is the most effective way of ensuring integrity in competition, protecting consumers, engaging fans and generating revenue for government, operators and league,” the Tour said Monday in a statement.

https://golfweek.com/2018/05/14/pga-tour-voices-support-of-legal-sports-betting-in-wake-of-supreme-court-ruling/

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I've seen a few too many gambling addicts ruin their lives to necessarily feel great about this. ... Of course, the fact that it was illegal in the first place didn't make any difference in their cases.

Edited by mcanadiens

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I'm curious if this will bring back online poker, seems like this could effect that ban but I haven't heard any reference to it.  I used to really enjoy playing Hold 'em on Full Tilt.  Anyone know?

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