New Jersey Goes All Or Nothing As They Fight To Legalize Gambling
We’ve all been there before. Sitting in a living room or at a bar watching your favorite teams go at it for a championship game or maybe just a casual match. You have all of your favorite snacks out and as you prepare to enjoy. You go back and forth on why your team is the best or about how many points they will put up this game. You believe in them so hard, the competitor comes out of you and put your money where your mouth is. Gambling is a common practice in some households as well as big name companies but now the Supreme Court is reviewing the ban of sports gambling that has been implemented in multiple states.
New Jersey is rising up and putting together a case before the Supreme Court to lift the ban on major sports betting which is illegal in all states except Nevada, Oregon, Montana and Delaware. This is because in 1992 the Supreme Court passed the Professional and Amateur Sports Protection Act which placed the ban in effect. New Jersey governor Chris Christie believes that passing this law could vastly improve the economy in New Jersey but others don’t necessarily agree. Many officials from major sports leagues are highly against this law even though the commissioner of the NBA Adam Silver and others have been open to legalizing sports gambling. Getting this law passed hasn’t always been easy for New Jersey. Back in 2011 the NCAA, MLB, NFL, the NBA and the NHL filed lawsuits against New Jersey which prevented it from happening at the time and later sued again in 2014 during New Jersey’s second attempt at lifting the ban. Next October in the inception of the new term, the Supreme Court will hear the case for a third time.
If you think this law is getting passed, chances are your IQ and shoe size are the same. At the first mention, this all sounds good. Local economies will be able to flourish and illegal gambling will be eradicated. More people will be able to place their bets comfortably without consequence. But there are far more negatives than positives when it comes to this matter. If you know anything about sports, you know that in most cases people behind the scenes will try to fix games, matches or races. Mafia involvement, referee tampering, throwing away games, and even point shaving by players to make sure the score comes out a particular way for betting spreads is nothing new. If people who already have direct access to this information can now do this legally and monetize from it could create a huge problem. Many Americans as it is already struggle with gambling addictions and mixing sports, which many people live vicariously though, and gambling together could be a deadly mix. This would also open the doors to people betting on the NCAA games where college athletes aren’t allowed to make money from their own brands. The PASPA was implemented for a reason. Stick to the friendly wagers if you think this law is getting passed anytime soon. I wouldn’t bet on it. Pun intended.