US Supreme Court Strikes Down PASPA 6-3 Allowing for Sports Betting - Poker News

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US Supreme Court Strikes Down PASPA 6-3 Allowing for Sports Betting

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05-14-2018 , 10:31 AM

News777

adept

Join Date: Sep 2007 Posts: 765

https://www.yahoo.com/sports/supreme...6044--spt.html

WASHINGTON (AP) -- The Supreme Court on Monday struck down a federal law that bars gambling on football, basketball, baseball and other sports in most states, giving states the go-ahead to legalize betting on sports.

The Supreme Court ruled 6-3 to strike down the Professional and Amateur Sports Protection Act. The 1992 law barred state-authorized sports gambling with some exceptions. It made Nevada the only state where a person could wager on the results of a single game.

Will be interesting to see how this effects online poker in US. It will certainly help it as states jump on sportsbetting bandwagon.

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05-14-2018 , 10:35 AM

Sighsalot

adept

Join Date: Jan 2013 Posts: 1,055

boooooom

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05-14-2018 , 10:43 AM

Clayton

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yeah i am most interested in implications for legal online poker

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05-14-2018 , 10:48 AM

MCAChiTown

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Join Date: Jan 1970 Posts: 3,532

Awesome! Illinois better not drag their feet on this one. What better way to pay off some of that debt this terrible state is in from all the corrupt politicians?

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05-14-2018 , 10:52 AM

this_passing

소녀시대 애교 대박

Join Date: Apr 2009 Posts: 6,442

indirectly very good for online poker

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05-14-2018 , 11:04 AM

Go Get It

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Yeah general thoughts on ipoker? Obv sports betting about to be legal everywhere but very conservative states basically.

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05-14-2018 , 11:17 AM

LastLife

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Join Date: Feb 2007 Posts: 4,593

Quote:

Originally Posted by Go Get It

Yeah general thoughts on ipoker? Obv sports betting about to be legal everywhere but very conservative states basically.

The only state that has online sports betting(Nevada) also has IPoker. The other 2 markets that have IPoker(New Jersey and Delaware) also plan on offering sports betting.

3/3

Pennsylvania(which hasn't launched IPoker yet??) also intends to offer sports betting, and I believe already passed legislation like NJ.

4/4 for states that are in online poker that also plan(already have) to offer sports betting.

Half the states want to offer sports betting, so expect a lot of movement in poker. New York and Michigan would be 2 to watch.

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05-14-2018 , 11:22 AM

Michael Buble

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Join Date: Jun 2017 Posts: 339

Quote:

Originally Posted by Clayton

yeah i am most interested in implications for legal online poker

Legally, none.

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05-14-2018 , 11:38 AM

jankynoname

centurion

Join Date: May 2011 Posts: 168

Yeah, this is v. good news for poker. Not least of which because we are about to see a surge of sponsorship dollars into the poker market again. Stars just acquired a European sports book operator and is extremely likely to reboot their old U.S. player database as a marketing channel for sports betting. DraftKings / FanDeul will almost certainly step into this channel as well. Some states may opt to consider sports & poker legislation together so this could push things along, certainly an opportunity.

I cover gaming stocks and this has been something we've been excited about for awhile.

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05-14-2018 , 11:44 AM

#10

FreshThyme

banned

Join Date: Dec 2015 Posts: 1,232

What good news to wake up to.

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05-14-2018 , 11:53 AM

#11

LastLife

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Join Date: Feb 2007 Posts: 4,593

Just passed by ESPN bottom line, quoting some study(w/e), 32 states within 5 years are projected to legalize sports betting.

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05-14-2018 , 11:56 AM

#12

TheMcC

centurion

Join Date: Mar 2012 Posts: 167

Prob a stupid question but... with the states that go ahead and approve sports betting, will that be in person betting (at tracks, casinos etc) or will people be able to sports bet online in those states? Or both?

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05-14-2018 , 12:00 PM

#13

LastLife

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Join Date: Feb 2007 Posts: 4,593

Quote:

Originally Posted by TheMcC

Depends on the legislation that ultimately passes in each individual state. Some may have one or the other, but IMO, it will likely be both in nearly every state that decides to legalize it.

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05-14-2018 , 12:10 PM

#14

kevmode

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Join Date: Dec 2009 Posts: 3,539

Finally some good news very good to see. Stars and the other sites possibly will be available in the States?

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05-14-2018 , 12:12 PM

#15

stillerfan

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Join Date: Jun 2012 Posts: 223

I bet we will see many legal major online poker sites by year end. I wonder if my old stars account is still around

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05-14-2018 , 12:34 PM

#16

SpawnX14

enthusiast

Join Date: Oct 2005 Posts: 57

More than sportsbetting, I'm excited about the possibility of online poker being back in the US. 2nd boom for online poker?

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05-14-2018 , 12:39 PM

#17

Mrage

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Join Date: Sep 2006 Posts: 4,921

While it doesn't specifically do anything for online poker, the perception of it being relatively tame by comparison means the states that opt to legalize sports betting are likely to lump poker in too, I would think. Like LastLife said, no coincidence that they seem to go hand in hand.

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05-14-2018 , 12:48 PM

#18

MyrnaFTW

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Join Date: Nov 2011 Posts: 7,563

Very good for states like NJ (and more specifically casinos and racetracks for now , and in time other's will follow.. Sadly for me, i did not fully capitalize on this news even though i knew this would happen last year.

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05-14-2018 , 12:54 PM

#19

ThinMints7

centurion

Join Date: Oct 2017 Posts: 185

Legal to bet on the Nets vs Suns, but you can't play cards on the internet.

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05-14-2018 , 12:56 PM

#20

SootedPowa

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Live footage of Amaya HQ

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05-14-2018 , 01:09 PM

#21

MrAdvantage

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It will be great paying -125 a side on trump.com

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05-14-2018 , 01:10 PM

#22

MrAdvantage

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Quote:

Originally Posted by SpawnX14

More than sportsbetting, I'm excited about the possibility of online poker being back in the US. 2nd boom for online poker?

No, go ahead and resign the lease on your single wide

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05-14-2018 , 01:30 PM

#23

ASAP17

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Join Date: May 2008 Posts: 5,882

PokerStars (symbol TSG) is clearing its 2014 ATH on this announcement, market cap is back over $5b as well. Price has been telling you for a couple years how important sports betting and games outside of poker are for the future despite online poker's continued decline/stagnation.