{"id":46924,"date":"2017-03-16T11:00:10","date_gmt":"2017-03-16T18:00:10","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=46924"},"modified":"2017-03-16T12:44:06","modified_gmt":"2017-03-16T19:44:06","slug":"sports-betting-legalization-scores-slam-dunk-thanks-to-march-madness","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/sports-betting-legalization-scores-slam-dunk-thanks-to-march-madness\/","title":{"rendered":"Sports Betting Legalization Scores Slam Dunk Thanks to March Madness"},"content":{"rendered":"

The federal ban on sports betting has once again ben thrust into mainstream news thanks to March Madness, the men’s NCAA basketball tournament<\/a> that attracts billions of dollars in wagers each spring.<\/p>\n

\"sports
March Madness will take billions of dollars in bets despite sports betting being banned in nearly every state in America. (Image: Jonathan Miano\/NWI Times)<\/figcaption><\/figure>\n

Since 1992 when the Professional and Amateur Sports Protection Act (PASPA) was passed in Congress, Americans have been barred from placing financial wagers on college and professional sporting events with the exception of Nevada.<\/p>\n

The Silver State, along with Montana, Oregon, and Delaware, were granted immunities from PASPA since those\u00a0states had some sort of legal sports gambling at the time.\u00a0But today, only Nevada takes full advantage of its exemption. Delaware\u00a0offers\u00a0parlay options that come with fixed odds on sports.<\/p>\n

\n

The American Gaming Association (AGA) predicts $10.4 billion will be bet on March Madness this month, but just $295 million will be wagered through legal means. With the first round tipping off today, that reality has caused quite a\u00a0stir in the national media.<\/p>\n<\/div>\n

Sports Betting Garners Support<\/b><\/h2>\n

Millions of Americans have completed NCAA brackets, with many placing small monetary bets on their predictions\u00a0against family and friends. Others place money on the tournament through online offshore sportsbooks, as well as with\u00a0underground bookies.<\/p>\n

AGA President Geoff Freeman calls PASPA an “utter failure,” and many media pundits are agreeing this week.<\/p>\n

\n

Writing an op-ed for Fox News<\/em>, Michelle Minton, a fellow at the Competitive Enterprise Institute in Washington, DC, opined, “Not only does the federal ban do nothing to protect consumers, but it prevents states from enacting their own protections. It is clear now that the sports gambling prohibition is not only useless but counterproductive.”<\/strong><\/p>\n<\/blockquote>\n

Major League Soccer Commissioner Don Garber agrees. He joined the NBA, MLB, and NHL in supporting sports betting last weekend. “I think if done properly, (sports betting) can be regulated and managed and controlled,” he explained.<\/p>\n

Of course, there remains plenty of opposition to legalizing sports betting markets. Billionaire Warren Buffett<\/a> said recently he opposes expanding industries where the majority will lose, despite the fact that he’s putting up millions of dollars in rewards for his Berkshire Hathaway bracket challenge.<\/p>\n

Betting Politics<\/b><\/h2>\n

To understand just how mad the NCAA tourney truly is, consider the fact that 70 million brackets are expected to be completed this year, while Democratic presidential candidate Hillary Clinton, the popular vote winner last November, garnered only 65.8 million votes.<\/p>\n

President Donald Trump received 62.9 million votes, and won the all-important Electoral College to become the 45th commander-in-chief. The Republican stated recently that he is open to reviewing PASPA’s merits, but would first hear arguments from all sides of the issue.<\/p>\n

He might be soon forced to do just that should the US Supreme Court accept New Jersey’s plea to hear its sports betting case. A lower federal appeals court has blocked the state’s wishes to put sports odds at its casinos in Atlantic City and horse racetracks.<\/p>\n

Noel Francisco, the presumed next US solicitor general should he be confirmed, will be asked by the high court to produce a review of the New Jersey case before making its decision.<\/p>\n","protected":false},"excerpt":{"rendered":"

The federal ban on sports betting has once again ben thrust into mainstream news thanks to March Madness, the men’s NCAA basketball tournament that attracts billions of dollars in wagers each spring. Since 1992 when the Professional and Amateur Sports Protection Act (PASPA) was passed in Congress, Americans have been barred from placing financial wagers […]<\/p>\n","protected":false},"author":42,"featured_media":46927,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,61,16,1074],"tags":[],"acf":[],"yoast_head":"\nSports Betting Legalization Scores Slam Dunk Thanks to March Madness<\/title>\n<meta name=\"description\" content=\"The federal ban on sports betting has been thrust into the national limelight thanks to March Madness, as Americans can't bet on games outside of Nevada.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/sports-betting-legalization-scores-slam-dunk-thanks-to-march-madness\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sports Betting Legalization Scores Slam Dunk Thanks to March Madness\" \/>\n<meta property=\"og:description\" content=\"The federal ban on sports betting has been thrust into the national limelight thanks to March Madness, as Americans can't bet on games outside of Nevada.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/sports-betting-legalization-scores-slam-dunk-thanks-to-march-madness\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-16T18:00:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-03-16T19:44:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/03\/532a4533cd8ff.image_.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"620\" \/>\n\t<meta property=\"og:image:height\" content=\"413\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/sports-betting-legalization-scores-slam-dunk-thanks-to-march-madness\/\",\"url\":\"https:\/\/www.casino.org\/news\/sports-betting-legalization-scores-slam-dunk-thanks-to-march-madness\/\",\"name\":\"Sports Betting Legalization Scores Slam Dunk Thanks to March Madness\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/sports-betting-legalization-scores-slam-dunk-thanks-to-march-madness\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/sports-betting-legalization-scores-slam-dunk-thanks-to-march-madness\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/03\/532a4533cd8ff.image_.jpg\",\"datePublished\":\"2017-03-16T18:00:10+00:00\",\"dateModified\":\"2017-03-16T19:44:06+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"The federal ban on sports betting has been thrust into the national limelight thanks to March Madness, as Americans can't bet on games outside of Nevada.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/sports-betting-legalization-scores-slam-dunk-thanks-to-march-madness\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/sports-betting-legalization-scores-slam-dunk-thanks-to-march-madness\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/sports-betting-legalization-scores-slam-dunk-thanks-to-march-madness\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/03\/532a4533cd8ff.image_.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2017\/03\/532a4533cd8ff.image_.jpg\",\"width\":620,\"height\":413,\"caption\":\"March Madness will take billions of dollars in bets despite sports betting being banned in nearly every state in America. 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