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The Second Noble Experiment: The Wide Wide World of Legalized Sports Betting
Intellectual Property Law Section, Entertainment and Sports Interest Group
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The Supreme Court has ruled unconstitutional the provisions of the Professional and Amateur Sports Act which created a blanket ban on the states creating new legalized sports betting laws. This means the states are free to issue new sports betting laws and regulations and, perhaps more importantly, tax the revenues of those endeavors. It also means that everybody in the sports world, from the NCAA to the NBA to the guy trying to create a sports gambling business and more, are going to have to address this new issue and understand how it will affect the sports industry as a whole. Whether dealing with athlete clients, business side clients, or even the leagues themselves, it will be crucial to know the changes this ruling has caused and the practical difficulties—such as in web-based gambling businesses—that will apply going forward. Come learn how the rubber has hit the road from our panel of experts!
1 Participatory MCLE Credits |
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