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Supreme Court Strikes Down Law Banning Sports Betting


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America’s legal gambling landscape was radically altered on Monday morning when the Supreme Court of the United States struck down a federal law that bars wagering on team sports, allowing individual states to pursue sports betting as they wish.

The ruling is generally viewed as favorable within the U.S. horse racing industry because racetracks—at least at first—are viewed as likely to land some of the initial sports betting licenses because they are already regulated entities set up for the purpose of taking bets.

The court’s ruling that the law was unconstitutional came about by a 7-2 vote.

This story will updated as more details become available.

Earlier this month, the TDN talked to Dennis Drazin about the implications of the case if it were ruled in Monmouth’s favor.

 

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