The US Supreme Court has struck down The Professional and Amateur Sports Protection Act (PASPA) and this is the best news in a long time for many people including the states that want in right away as well as offshore bookmakers and professional handicappers.
The overall landscape of sports gambling has now changed. Handicappers no longer need to fly to Vegas or make the weekend trips from LA or any of the surrounding areas. Nevada has had a chokehold on the industry for a very long time. Think of the surrounding states, the states that border Nevada? California, Oregon, Idaho, Utah and Arizona. Nevada is driven to from all of these states but none more than California and Arizona.
What Happens to Pay Per Heads Now that Sports Gambling is Legal in the US?
Nevada must get in bed with the offshore bookies and quick! The door is now open for online gaming. Really, it has never been closed but many thought of it as somewhat of an illegal undertaking. Don?t misunderstand, Nevada will still see its share of weekend warriors but the overall effect is going to be huge. Most folks may not be savvy to the geography of Nevada. Nevada is a gaming state not just the city of Las Vegas. The tiniest little towns dotted all over the map within Nevada?s borders have at least one casino and a sportsbook attached, most of these tiny little town have several casinos and the gaming industry drives the economy in the local areas in a very big way.
The sports gambling industry in the United States now has a leg up on the State of Nevada. This change won?t occur overnight and a lot of states will be very slow to open their doors to sports gaming. Nevada will feel the pinch come NCAA Tournament time, NFL playoffs and the Super Bowl.
Offshore Bookies Thrilled With Supreme Court Ruling
Internet gambling is already a multibillion dollar industry and now it?s going to explode. Why would anybody have any fears of betting online? The US has never prosecutes anyone for gambling online and now they are not about to even think of such a thing. The legal fallout would be huge, why would the Gov. risk it?
There are naysayers out there that say that online gaming just took a blow; this is a huge fallacy. The type of people musing this to be true, they simply do not know the DNA of sports gamblers. Gamers all over the US love using the internet and one great reason is the competitive lines and odds. Offshore odds are better than Nevada The offshore sportsbook have set the pace in line movement for many years now and things will not change anytime soon.
Handicappers all over the US are thrilled that sports gambling is legal and they will be opening up offshore accounts in droves. The competition just got real and Vegas knows it. They will do everything they can to keep their friends close and their enemy?s closer. This is going to be interesting.