Rated Red: Las Vegas No Longer Has a Monopoly On Sports Betting
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Las Vegas No Longer Has a Monopoly On Sports Betting

The Supreme Court ruled on Monday that a 25-year-old federal law banning most cases of state-authorized sports gambling is unconstitutional.

That law pretty much made Nevada the only place where you could bet on your favorite professional or college matchups. But in a 6-3 ruling, the majority of the Court agreed it interfered with states’ rights to regulate activity within their borders. Major U.S. leagues and the NCAA have argued state-authorized gambling will hurt the integrity of their sports. Meanwhile, The American Gaming Association says $150 billion is illegally wagered on sports each year. And that’s money the states could use to help deal with budget problems. Do you think your home state will let you bet on your favorite team, now? Let us know in the comments!

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