Report: Supreme Court Nixes Ban on NJ Sports Betting
New Jersey won a landmark ruling from the Supreme Court today that could lead many states to legalize betting on college and professional sports.
The justices ruled 7-2 that a 25-year-old federal law that has effectively prohibited sports betting outside Nevada by forcing states to keep prohibitions on the books is unconstitutional. The ruling could set the stage for other states to expand legalized gambling as a source of government revenue.
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