For the gambling insiders, the 14th May 2018 is a date to save on their best agendas, as the US Supreme Court has permitted sports betting legalization in the USA, allowing each state to decide whether to legalize the market or not.
Sports betting legalization in the USA
The Court’s decision (read the complete syllabus here) finally stroke down a federal law from 1992, the Professional and Amateur Sports Protection Act (PAPSA), that was barring sportsbook in most Member States but a handful of them.
The legalization of sports gambling requires an important policy choice, but the choice is not ours to make. Congress can regulate sports gambling directly, but if it elects not to do so, each state is free to act on its own. Our job is tin interpret the law Congress has enacted and decide whether it is consistent with the Constitution
According to Associated Press, the US Supreme Court’s decision will likely lead to the sports betting legalization in 32 states within the next half a decade. The consequences? The legal sports betting could end up being more than a $57bn annual market.
First states to introduce legal sportsbook – likely
With the power to legalize sports betting handed to the states, it’s now a race to see who can capitalize most on the fact that a whole lot of people like to bet on sports.
Almost certainly, the first states to introduce the sports betting industry will be the ones that already have legal mechanisms in place, like New Jersey, West Virginia, Delaware and Mississippi. Followed by other states having sports-betting bills pending, like California, New York, Illinois and Michigan.
A new era for the online sports gambling in the USA
The US Supreme Court’s decision has ignited a new era that will undoubtedly change the way Americans approach to sports and how leagues operate.
Besides, the legalization of sports betting will strike all those black-market bookies and offshore websites where sportsbook players were placing bets despite all.
America, We are ready.
It’s worth to mention that Sirplay, as an international corporation expert in gaming solutions and as a white-label sportsbook provider, was waiting patiently for the opening of this massive market. Indeed, the partnership with Google Cloud Platform for the development of its new betting software and the DFS gaming module were steps towards the hopeful opening of a big market as the American or the Brazilian one.