Following years of holding the line, the NCAA and the four major professional sports leagues eventually lost their struggle against the spread of legal sports gambling in america.
The Professional and Amateur Sports Protection Act of 1992 (PASPA) — the national sports gambling statute preventing any state outside Nevada from accepting a bet on a game — died of organic Supreme Court causes one year ago, just after 10 a.m. ET on May 14, 2018.
In that brief year, seven nations (in addition to Nevada) have enabled widespread legal sports gambling and together have taken in nearly $8 billion in bets. Montana, Indiana, Iowa and Washington, D.C., have handed legalization bills over the previous couple of days, and several countries — including New York — are poised to be next. 2024, almost 70 percent of countries predicted to provide legal sports gambling.
It’s a massive moment in American sports and already has produced some incredible scenes and storylines:
Three notable sports commissioners — the NBA’s Adam Silver, the NHL’s Gary Bettman and Major League Baseball’s Rob Manfred — have emerged with the CEO of one of the greatest sportsbook operators in the nation to announce partnerships.
Two NFL owners entered last season with financial bets, albeit de minimis ones, in DraftKings — that the dream giant-turned-bookmaker, which is taking bets on their respective teams.
??? Fox Sports declared last week that it will start a sports gambling app and start taking bets that autumn — the greatest move so far by media companies increasingly taking an interest in the business. ESPN and Fox Sports 1 have already launched daily shows around sports gambling.
??? Sports betting has been at the middle of discussion of several huge sporting moments within the last year (Todd Gurley’s kneel-down, Tiger Woods winning the Masters, the Kentucky Derby disqualification, James Holzhauer’s”Jeopardy!” jog, among others), increasing its profile even further.
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