Valley Sports Books React as Supreme Court Opens Door for Nationwide Sports Betting
Fox5, May 14, 2018, by Eric Hilt
The Supreme Court made a historic decision on sports betting on Monday, striking down the federal law that banned bets on sports in every state but Nevada. The 6-3 decision opens the door for other states to legalize sports betting and create their own industry.
“This is a huge decision,” Westgate Superbook’s Jay Kornegay said.
The ruling struck down the Professional and Amateur Sports Protection Act (PASPA), which Congress passed in 1992 to prevent states from legalizing sports betting. Nevada was exempt from law, since it had already created a sports betting industry.
“America likes sports and betting together. Sports and betting have gone together for thousands of years, this will take off,” gaming attorney Dennis Gutwald said. Before practicing law, Gutwald was an investigator for the Nevada Gaming Commission.
“Over the next few months, within the next year, I could see bets being taken outside of Nevada,” Gutwald said.
To watch entire interview, click here.
About McDonald Carano
McDonald Carano has helped to shape the Nevada business and legal landscape for nearly 70 years. With more than 60 lawyers and government affairs professionals in our offices in Las Vegas and Reno, we are Nevada's law firm for business. We proudly represent Fortune 500 companies, financial and governmental institutions, fast-growth and mid-market companies, entrepreneurs, start-up ventures, non-profit organizations and individuals. Our attorneys deliver cross-discipline, one-stop, commercial law and government affairs counsel. Our dedication to clients, innovative thinking and practical solutions based in sound business and legal judgments are at the heart of our practice. For more information, visit mcdonaldcarano.com, call 775.788.2000 (Reno office), or 702.873.4100 (Las Vegas office) or reach us by email at email@example.com.
You have chosen to send an email to McDonald Carano. The sending or receipt of this email and the information in it does not in itself create an attorney-client relationship. If you are not already a client, you should not provide us with information that you wish to have treated as privileged or confidential without first speaking to one of our lawyers. If you provide information before we confirm that you are a client and that we are willing and able to represent you, we may not be required to treat that information as privileged, confidential, or protected information, and we may be able to represent a party adverse to you.
I have read this and want to send an email.