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Will Online Casinos Be Permitted in the USA?

The unprecedented ruling (6-3) in favor of regulated sports betting will have far-reaching implications on gambling activity across the U.S. According to Justice Samuel Alito, ‘…the legalization of sports gambling requires an important policy choice, but the choice is not ours to make… Congress can regulate sports gambling directly, but if it elects not to do so, each state is free to act on its own.’ Such is the gravity of this ruling that it sent shockwaves through the U.S. gambling market, and key industry players are now laying the foundations for what is expected to be a surge in gambling activity. New Jersey and 17 other states across the nation were on the same side when they brought their case to the Supreme Court in Washington DC. Now, New Jersey will be able to offer sports betting activity at its legendary racetracks and state licensed casinos. Such is the excitement about this latest ruling, that the stock price of gambling companies spiked shortly thereafter. Many leading casino operators are now looking to enter the highly lucrative sports gambling arena. Prior to the May ruling, Nevada had a virtual monopoly over sports betting activity. This was effectively enshrined in a Federal statute. Now, individual states will be able to chart their own course vis-à-vis sports betting and online gambling.

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