ARTICLE
8 December 2017

Sports Betting Could Be Fast Approaching On The Horizon

RG
Ropes & Gray LLP

Contributor

Ropes & Gray is a preeminent global law firm with approximately 1,400 lawyers and legal professionals serving clients in major centers of business, finance, technology and government. The firm has offices in New York, Washington, D.C., Boston, Chicago, San Francisco, Silicon Valley, London, Hong Kong, Shanghai, Tokyo and Seoul.
The Tenth Amendment will likely win the day, and that will open the doors to legislation in states that recognize, like New Jersey, the revenue opportunities presented by appropriately regulated sports betting.
United States Media, Telecoms, IT, Entertainment

If the Supreme Court rules in New Jersey's favor in Christie v. National Collegiate Athletic Association, states around the country will want to capitalize on opportunities presented by the widespread public interest in sports betting. If this occurs, a number of businesses and other stakeholders such as professional sports leagues, colleges and universities will be facing complex legal, regulatory and reputational risks. At oral argument on December 4. 2017, it was clear that several members of the Court were skeptical of arguments seeking to defend PASPA on preemption grounds. Justice Breyer led the charge, with support from several other justices, including Justice Kennedy, who invoked our system of federalism in framing the issue. The Tenth Amendment will likely win the day, and that will open the doors to legislation in states that recognize, like New Jersey, the revenue opportunities presented by appropriately regulated sports betting.

Click here to read the full article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See More Popular Content From

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More