/ slotsitein08's Library/ Notes/ Professional and Amateur Sports Protection Act (PASPA) of 1992, a federal ban on sports betting.
Professional and Amateur Sports Protection Act (PASPA) of 1992, a federal ban on sports betting.
from web site
If the U.S. Supreme Court rules to abolish PASPA, many states are expected to regulate the industry. Massachusetts, along with New Jersey, is considered one of the first state groups to adopt a regulated sports betting system.
According to recent news, Massachusetts's first casino Plainage Park is ready to enrich various gambling options by adding sports books. Industry experts are convinced that interest in sports betting at Plainridge Park is largely driven by the upcoming opening of MGM Springfield and Everett's Wynn Resorts. The strategic move is designed to give Massachusetts' first casino a step ahead of competition and focus on providing sports fans with a unique gambling experience. 슬롯사이트
Sports Betting will be the leader of gambling operator Penn National, known as the company behind Plainage Park. Eric Cippers, senior vice president of Penn National, told reporters in an interview with the Boston Globe that the U.S. Supreme Court was interested in running sports books if it repealed long-standing federal law.
The Massachusetts Games Commission will prepare a white paper on this topic as a first step toward regulating sports betting. Assuming that the U.S. Supreme Court has decided to abolish PASPA and pave the way for regulating the sports betting industry, many states are kicking their doors to be the first to regulate this type of gambling activity and enjoy the full economic benefits.
New Jersey to see PASPA as unconstitutional
The prospect of sports betting regulations seems mannered for many U.S. states seeking to bring additional revenue sources to the local economy. PASPA is a federal gambling law that bans sports betting and is in place in all but four states, including Nevada, Delaware, Montana and Oregon. According to various statistics, PASPA has fueled billions of dollars in the underground sports gambling industry.
New Jersey is likely to win the lawsuit because it claims it violates Article 10 of the U.S. Constitution because it allows certain states to offer this kind of gambling activity, while others are not allowed to regulate the sports betting industry, experts believe.
