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This Monday morning the Supreme Court ruled to allow states to legalize sports betting, striking down a 1992 federal law that had prohibited most states from authorizing sports betting.
The court's decision came in a case from New Jersey, which has fought for years to legalize gambling on sports at casinos and racetracks in the state.
More than a dozen states had supported New Jersey, which argued that Congress exceeded its authority when it passed the 1992 Professional and Amateur Sports Protection Act, barring states from authorizing sports betting. New Jersey said the Constitution allows Congress to pass laws barring wagering on sports, but Congress can't require states to keep sports gambling prohibitions in place.
DraftKings who is one of the biggest platforms for Daily Fantasy Sports (DFS) said it will enter the sports betting market which completely makes sense and from my experience it helps engage fans with professional sports (NBA, NFL, MLB, and etc.) especially when it comes to playing to fantasy sports fans will be more enticed to watch a game when lets say for example you have the Browns (NFL) running back and they are completely out of the playoff picture but with out "sports betting" more fans, most likely won't be as enticed to watch the game but now that they have money on the line they will definitely be watching the game till the end.
Below are some comments and statements from professional sports teams and how they took the Supreme Courts ruling.
Major League Baseball released a statement saying the decision will have "profound effects" on the sport.
"Our most important priority is protecting the integrity of our games," MLB's statement continued. "We will continue to support legislation that creates air-tight coordination and partnerships between the state, the casino operators and the governing bodies in sports toward that goal."
The PGA Tour said in a statement following the ruling that it remains aligned with the major sports leagues.
"We believe that regulation is the most effective way of ensuring integrity in competition, protecting consumers, engaging fans and generating revenue for government, operators and leagues," the statement said.
Ted Leonsis, who owns the NBA's Washington Wizards, the WNBA's Washington Mystics and the National Hockey League's Washington Capitals, celebrated the decision.
Comment below and let me know your thoughts and what you think of the Supreme Courts ruling.