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Sports Gambling Legalized in the US now?

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whammbot   Belarus. May 15 2018 15:17. Posts 241

Yay for Sports betting?

https://edition.cnn.com/2018/05/14/po...betting-ncaa-supreme-court/index.html

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visit my personal entertainment blog https://foundaz.comLast edit: 15/05/2018 15:18

NMcNasty    United States. May 15 2018 16:18. Posts 1923

Good news, though I was honestly surprised it wasn't already legal at the federal level considering its fully legal in Nevada and horse race betting is legal in a lot of places. Just up to states to actually get it done. Poker was legalized in my state (Pennsylvania) last year, which was deliberated on for years, and now the regulation/bidding phase is taking a while.


Spitfiree   Bulgaria. May 16 2018 08:55. Posts 8454

Congratulations, just another 20 years and the whole country might have the same rights most people in the world have

 Last edit: 16/05/2018 08:55

Balzamon   Sweden. Aug 17 2018 12:05. Posts 2868

Could anyone knowledgable give me a little input on what is happening with the legalization in the US?

I am pretty off the poker scene these days and not longer that up to date whats going on in the US. However, I am into the stock market and some Swedish betting providers/casino providers have had a big upswing following the news that its opening up in the US (companies like Kambi).

Was this opening up in New Jersey a big milestone? Will the rest of the US follow in its footsteps? Is this affecting other parts of gambling, ie poker and online casino games? Will this process take months, year, or even 5+ years?

If there is a big opening on its way in the US for sport betting/casino platform providers I do see a potential upside investing in these kind of companies in Europe (mostly Sweden for myself). However, their stock prices has already started to go up and I dont want a potential blockbuster in the US to be 3 or even as long as 5+ years away. I would like some potential for big deals and chance of revenue flow be at the most 2 years away, and preferably not just New Jersey. Anyone with input?


 



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