There is a lot of excitement and anticipation in the air with regards to the Professional and Amateur Sports Protection Act (PASPA). Why, well if the US Supreme Court moves to declare the act as against the constitutional rights of the nation, then a minimum of 11 of the US states will swiftly move to instate sports betting bills as fully legal forms of gambling.
The States That Are Supporting the Legalization
Eilers & Krejcik Gaming recently released new research that shows the US states that are willing to bring in sports betting should the act be removed from legislation. The list of states includes everyone from Massachusetts, Rhode Island, to West Virginia and South Carolina, as well as Georgia, Florida, Illinois and Michigan. A couple other states that are positively inclined towards pushing forward sports betting bills are Iowa, Indiana, Kentucky, Minnesota, and Louisiana.
In addition to this list, there is also New York, Rhode Island, Mississippi, Oklahoma, and California. Two states that have jumped right onto the bandwagon and have begun the process of establishing the legislation for betting bills. Unfortunately, this research was not all positive, the downside was that the research showed that out of the original 18 hopeful states only 11 had a good shot of having the bills passed due to a variety of factors.
The 11 states that have the best shots of passing legalized sports betting bills are Massachusetts, Rhode Island, New York, New Jersey, West Virginia, Ohio, Michigan, Illinois, Oklahoma, Kentucky, and Indiana. As you can see the list is much shorter and a couple states that seemed to have fairly promising environments to pass these bills in, do not have a high chance according to the research. These states include Georgia and California.
There are a lot of positive impacts of the act being declared illegal by the US Supreme Court the main aspect is that the US gambling industry will see an unparalleled expansion thanks to the legalization of sports betting. However, there are certain states that seem very unlikely to be supportive of the sports betting industry, these states include Texas, Idaho, and Alabama. The key factor in determining whether or not a state is more likely to be against sports betting than not is to investigate how much of a traditionalist state it is; the more conservative the state the less supportive they are.
But don’t plan your sports bet just yet, the US Supreme Court will only be announcing their decision around June and until then, everyone will just have to wait in anticipation to discover whether one of the most significant changes to the industry will in fact occur.
The repeal of the law could launch a method of gambling that will allow for a high influx of revenue, estimates indicate anywhere between $2 and $5 billion in the first five years of business. Therefore, the only thing left to do is wait and see how exactly 2018 will unfold and if one of the most anticipated impacts for gambling in the United States will in fact, take place. Here’s hoping.