61 - Legalization of Sports Gambling

The U.S. Supreme Court ruling in favor of New Jersey effectively killed the Professional and Amateur Sports Protection Act (PASPA), the federal law that essentially limited sports betting to one state for the last 25 years. PASPA was declared unconstitutional in the 6-3 decision, meaning it will be up to states to decide whether to allow its residents to bet on sports. We discuss what this means for the general population and the potential impact it may have on amateurism in sports.