Supreme Court Strikes Down Sports Betting Law

The Supreme Court struck down a federal law that prohibits sports gambling Monday in a landmark decision that gives states the go-ahead to legalize betting on sports. The Supreme Court ruled in New Jersey, opening the doors for states to introduce legislation for legalized sports betting. The court ruled 6-3 to strike down the Professional and Amateur Sports Protection Act, a 1992 law that barred state-authorized sports gambling with some exceptions. The court ruled in favor of New Jersey and against the NCAA, NFL, NBA, NHL and Major League Baseball, capping a nearly six-year legal battle and overturning a federal statute that the sports leagues had adamantly stood by for more than 20 years.

What it means: Supreme Court strikes down PASPA law that limited sports betting

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