The recent Supreme Court decision legalizing sports betting kept analysts busy analyzing, writers frantically writing, and bettors eager to bet. And while the overturning Professional and Amateur Sports Protection Act (PASPA) was specific to sports betting, the challenge was really about whether Congress can legislate how states act.
In its ruling, the Supreme Court opened the door for federal legislation addressing sports wagering.
That doesn’t mean the government will legislate sports betting.
It merely says they can and if they do it will likely be constitutional.
For now, though the Supreme Court opened the door for legalized sports betting throughout the United States.
And while that is great news for sports enthusiasts, it is still not a free and open market.
Here are five things the Supreme Court decision didn’t do.
While the decision opens the door for legalized sports betting, it does not change the legality of sports wagering. It’s been one week since the decision and no legal sports bets have been wagered outside of Nevada, where sports betting was allowed under PASPA.
Ahead of the decision, a few states moved forward and passed laws to address sports betting.
Since the ruling, more states have taken up the topic.
For instance, New Jersey, the state that challenged PASPA, has an unregulated sports betting law on the books.
Officials are introducing legislation to regulate the activity and includes a bad actor clause for any entity that accepts a bet before the legislation is complete. And while New Jersey is moving fast, Delaware might be the first state to accept a legal sports bet outside of Nevada.