U.S. Supreme Court Opens Door For States To Allow Sports Betting
Watchdog cited Michelle Minton on the financial benefits to states on the deregulation of online sports betting, and on the stained-glass landscape which people should expect will arise as states individually determine how to manage their new income.
The U.S. Supreme Court on Monday struck down a federal ban on sports betting in most U.S states, opening the door for an expansion of sports betting across the country.
In a 6-3 ruling, the Supreme Court said the 1992 law had barring gambling on sports such as football, baseball and basketball was unconstitutional.
“The legalization of sports gambling requires an important policy choice, but the choice is not ours to make,” Justice Samuel Alito wrote in the majority opinion.
The U.S. government and many sports organizations supported the ban and oppose an expansion of sports betting.
In a statement, the Competitive Enterprise Institute’s Michelle Minton praised the decision.
“The Supreme Court’s decision is a huge win, not just for states that want to legalize sports betting but for everyone who believes the right to make such decisions belongs to state voters,” Minton said. “States should now consider how best to shrink the illegal gambling market, protect consumers, and allow the marketplace to offer innovative products and experiences.”
American Gaming Association (AGA) President and CEO Geoff Freeman also celebrated the ruling.