SCOTUS Strikes Down Ban on Sports Betting

I agree with the ruling on constitutional grounds. It will be interesting to watch what states do with it.

The Supreme Court on Monday cleared the way for states to legalize sports betting, striking down a 1992 federal law that limited such gambling and likely touching off a nationwide battle to dominate what is sure to be a multi-billion-dollar industry.

The justices ruled in favor of New Jersey, which had long argued that the federal law unconstitutionally intruded on state affairs, telling state legislators what they can and — more importantly — can’t do with their time.

“The legalization of sports gambling requires an important policy choice, but the choice is not ours to make,” Justice Samuel Alito wrote for the majority. “Congress can regulate sports gambling directly, but if it elects not to do so, each State is free to act on its own.”

The ruling will open the floodgates to an industry long the domain of barroom bookies and Las Vegas gambling parlors. In New Jersey and Delaware, the first bets could be placed within days or weeks, and Mississippi could follow within a month or two. In total, about 20 states have either enacted laws or introduced bill to legalize sports betting, all an anticipation of this moment.