Sports Betting Legalized in the US
The Supreme Court has struck down The Professional and Amateur Sports Protection Act (PASPA) in a recent ruling paving the way for legalized sports betting outside Nevada.
The market for online sports betting is estimated to be over $150 Billion Dollars and with the passage of the ruling it’s expected the industry will grow exponentially in the foreseeable future.
New Jersey, West Virginia and Pennsylvania will be among first to legalize and regulate sports betting with New York and Massachusetts in the near future.
Dozens of states will also allow online sports betting bringing it into the mainstream and a regulated framework. Online betting sites will be among the biggest beneficiaries of the gambling revolution.