PGA Tour Supports Bid For Legal US Sports Betting

Published Monday, April 09, 2018 -
PGA Tour Supports Bid For Legal US Sports Betting

The sports betting world is eagerly awaiting the announcement by The Supreme Court in the USA on the fate of legal gambling on sports in that nation. The Garden State of New Jersey has been the leading proponent to have the  Professional and Amateur Sports Protection Act of 1992 (PASPA) law repealed allowing US states to offer gambling on sporting events.

The current situation suggests the Supreme Court will overturn the old law that lets a few US jurisdictions offer sporting event betting while others are prohibited. Many observers believe the efforts of New Jersey’s legal team will be rewarded although they have been struck down in previous attempts.

This time around is different however with major sports organizations backing the change which will present the possibility in the US with some seventeen US jurisdictions wanting the opportunity to offer sports wagering.

The former Governor of New Jersey Chris Christie started the action in 2012 with the state working with private law firms Gibson Dunn & Crutcher, and Gibbons P.C. Invoices and information obtained by the Observer media outlet through a public records request revealed  the two law firms have billed the state $8.66 million since 2012. The firm is now representing recently elected Democrat Governor Phil Murphy, who also supports legalizing sports betting. Murphy spent 23 years at Goldman Sachs and has acquired considerable wealth during his career.

Recently yet another large sports organization the PGA Tour became the latest to declare its full support for the expansion of legalized sports betting. Other major sports institutions such as The National Basketball Association and Major League Baseball have announced they also support the expansion of sports wagering in the USA.

Officials involved in the commitment said, “The PGA Tour supports the regulation of sports betting in a safe and responsible manner,” adding, “We believe regulation is the most effective way of ensuring integrity in competition, protecting consumers, engaging fans and generating revenue for government, operators and leagues.”



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