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Sports Betting in the US is Becoming More Widely Accepted

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Every year, billions of dollars are wagered on sports all around the world. The United States is one of the most-populous countries on the planet, but until recently, sports betting was only fully legal in the state of Nevada. However, everything changed in the spring of 2018 when the US Supreme Court voted to strike down the Professional and Amateur Sports Protection Act. PASPA, which had been in place since 1992, effectively served as a ban on legalized sports betting across 49 states for more than 25 years.

The Supreme Court’s decision paved the way for states to decide for themselves whether to legalize and regulate sports betting. New Jersey, led by former Governor Chris Christie, was at the forefront of the pro-sports betting movement. New Jersey sought to add a new revenue stream via legalized sports betting. With the state struggling financially, Christie believed that legalizing sports gambling would be a way to help New Jersey’s economy recover. Shortly after the Supreme Court’s ruling, New Jersey voted in favor of legalization.

Several other states have done the same in the year-plus since the landmark decision last May. Several others have already introduced legislation at the state level with plans to follow suit. Before long, it’s not unreasonable to think that sports betting could be legal in the majority of the United States. Needless to say, the industry has come a long way in an incredibly short amount of time.

Online Sports Betting

The move by New Jersey and other states to make sports betting legal has led to the construction of new sportsbooks all over the country. Some states have legalized sports betting at licensed land-based locations, while others have already taken the step to legalize online betting. The online market is generally more difficult to regulate considering the wild west nature of the web, but the states that have legalized online sports betting have tried their best to make sure necessary steps are taken to ensure safety and security for players.

As it stands, betting on sports online isn’t necessarily illegal anywhere in the United States, assuming you place your bets at a site that operates offshore. However, it is illegal in most states for operators from within the United States to accept bets from players. The Interstate Wire Act of 1961 specifically targets bookmakers and those that operate illegal betting services within the US. Those that actually place bets are not subject to penalty under the law.

As of this writing, the only states with fully legal online sports betting are Nevada, Pennsylvania and New Jersey. Some of the best US sports betting sites in the industry have already launched operations in these states, with plans for expansion once legalized betting becomes more widespread.

Leagues Coming Around

For decades, all professional sports leagues in the United States have been united against the idea of sports betting. Those in charge of leagues like the NFL, NBA and Major League Baseball have long contended that legalized sports betting could prove problematic for the integrity of pro sports as a whole. The Pete Rose betting scandal and the “Black Sox Scandal” that involved fixing games in the 1919 World Series are famous examples of gambling and pro sports tangling amid unfortunate circumstances.

However, since the Supreme Court’s ruling, the leagues have done a 180-degree turn on the matter. The NBA, NHL and Major League Baseball have all started to do business with various gambling entities. The leagues have even gone so far as to name official betting partners in sponsorship deals with huge operators like MGM.

The NFL has been slower to adapt to the changing landscape, but even they have started to come around in recent months. Back in August of 2019, the NFL officially announced a partnership with Sportradar, which will distribute the league’s official data feed to sportsbooks all around the world.

While sports leagues have started to embrace gambling in the United States, things are a little different over in the United Kingdom. Sports betting has been legal in the U.K. for years, and a number of professional soccer clubs have jersey sponsorship deals with betting entities. Half of the 20 clubs in the Premier League for the 2019-20 campaign have their shirts sponsored by gambling operators. 17 of the 24 clubs in the Championship, the second-highest division of English soccer, have betting sponsors, as well.

There is quite a bit of fear regarding the proliferation of gambling addiction in the U.K. these days. New guidelines have been put into place limiting at what times during the day betting advertisements are allowed to run on television. Betting sponsorships are incredibly lucrative endeavors for European soccer clubs, and it’s only a matter of time until we see similar developments regarding pro sports sponsorships in America.

Sports betting is going to provide a major new stream of revenue to these leagues, and they will obviously do everything they can to maximize it.

Conclusion

Sports betting is bursting into mainstream America, and it’s only going to continue to grow in popularity as more and more states decide to legalize the activity. States beginning to open legal land-based sportsbooks is likely the first step, but the real wave will come when mobile sports betting is legalized on a wide scale. Some states have already begun the foray into mobile betting, but we are still in the fledgling stages of that development.

The US is clearly on the verge of a massive sports betting explosion. More and more sportsbooks are going to continue to pop up all over the country in the months and years ahead, and pro sports leagues will, ironically, be right in the middle of it all.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Sports

Saguenay Man Won $1.2 Million at Casino Slot Machine

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A man from the Saguenay region surprised everyone when he parked himself in front of a slot machine on October 26th night. The man played a lot on the slot machine and then walked away from the slot machine as a millionaire. The man has not revealed his identity yet and has chosen to remain anonymous.

As he did not air his name, Loto-Quebec has said that the man who is a retired person won nearly $1.2 million. He bet only with $2.25 at a slot machine and won the staggering amount. He played on the slot machine in the Casino de Charlevoix during a visit to La Malbaie.

The jackpot won by the man is considered as the biggest jackpot in the casino’s history. Many other gamblers in the casino industry won significant jackpot amounts. But this jackpot is getting popularity in the casino world. The man’s luck favored him at the age of 50s. He got a stroke of luck after playing a Powerbucks casino slot カジノスロット that pushed him to collect up to $1,196,769.

The chief operating officer of the Casino de Charlevoix casino said that the winner was later welcomed into a private lounge at the gambling complex to celebrate the windfall with his family. His family was very happy over the precious victory.

The family celebrated the jackpot with a lot of happiness in the lounge. Quebec casinos and the Loto-Quebec website have been offering 15 prizes worth $1 million or more since 2016. Till now, every year, people have been winning large amounts but this year’s jackpot was above all so far.

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