The U.S. Supreme Court could overturn the current betting law and allow sports gambling from coast to coast.
The court is set to hear a legal challenge Monday, the Wall Street Journal reports. As a result of a challenge from New Jersey — home of gambling Mecca Atlantic City — the court could overturn the Professional and Amateur Sports Protection Act and allow sports betting in most states.
A decision in favor of augmented gambling will not only mean betting on baseball in your local casino but is expected to impact how sports teams from professional leagues to college teams conduct their business and govern themselves.
Legalized sports betting will also immediately add untold billions to the coffers of casinos.
The CEO of the American Gaming Association (AGA) told The Press of Atlantic City that casinos are poised to exploit the gambling opportunity if the court moves in favor of more sports betting.