The sports betting has been legalized in the US recently. The court has finally gave it’s final verdict and now it is legal to bet on sports. There are lots of reasons for making sports betting legal. Here are the things you should know about it.
- There was restriction on football, basketball and other sports betting many states in the US. Recently, this restriction has been withdrawn. In the past, it was only legal in Nevada. In Nevada, a person could wager on the results of a game. But now it is expected that about 32 states will have legalized sports betting in the coming 5 years.
- The decision of legalization has come because of a case from New Jersey. This state has fought for many years to legalize sports betting. Many states have supported New Jersey’s opinion.
- The major US professional sports leagues urged to support the federal law. But outside the court, all the leaders except NFL have shown openness about the legalization of sports betting.
- New Jersey spent lots of money on legal fees to legalize sports betting. In 2012, when it challenged the 1992 federal law, it lost in court. The state again went to court in 2014. New Jersey lost again. Then the case was taken to the Supreme Court and finally they won.
After a long battle, finally, you can now bet on your favorite team from many states in the US. This industry will grow in the coming years. People will pass some great time betting and they will also get the chance to win big amount of money.