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The Supreme Court issued a decision today on Murphy v. National Collegiate Athletic Association. This case reviewed the legality of a state allowing official betting on sporting events. The court’s 6-3 decision struck down the federal law that made it illegal for states to authorize sports betting known as the Professional and Amateur Sports Protection Act (PASPA).
This law was said to protect the integrity of sports, according to its sponsors. However, Nevada was originally exempted from the law. On Monday, the Court ruled that it was unconstitutional to prevent individual states to make that decision for themselves. This ruling opens up the possibility of new gambling ventures in the U.S. depending on how the Congress and individual states react.