
In May 2018, the Supreme Court declared the Professional and Amateur Sports Protection Act (PASPA) unconstitutional in a 6-3 decision. What this means is that it will be left up to the states to decide whether or not to allow its residents to bet on sports. They will also be able to establish their own “regulated” sports betting. PASPA was signed into law by then-President George H.W. Bush in 1992 but went into effect in January 1993. It essentially banned states from both regulating and taxing sports betting. The act seemed ineffective, even dated as the rise and rapid growth […]
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