CBS‘s Ryan Mayer recently spoke with Mark Conrad, Ph.D., associate professor of law and ethics, on the U.S. Supreme Court’s ruling in Murphy vs. NCAA, which gives states the ability to allow sports betting within their borders.
“Well, we’re going to have some legalized sports gambling in a number of states. Clearly a number of states have had bills on the table awaiting this ruling, and, given that the court pretty much emasculated the federal law that effectively banned states from legalizing sports gambling, that’s off the table. Now, legalized sports gambling will be a factor in the sports scene in the United States starting very shortly,” said Conrad.
“There’s bills also in West Virginia and I believe in the New York state legislature right now that can be passed very quickly because they’ve drafted those potential laws waiting for the ruling so the process is there. I think it’s a pretty good bet that you’re going to have ten states with legalized sports gambling by the end of this year.”
However, Conrad warned that this change won’t happen overnight:
“Pun intended, hold your horses. Because we have to go through a process, a legislative and regulatory process in a lot of states and we’re waiting to see what the contours are going to be. It may be a little bit trickier than just opening up a number of gambling casinos tomorrow. Even when these laws are going to be enacted even in two or three weeks, I suspect you’re going to have some sort of administrative apparatus set up to regulate it within the state.”