Sports Gambling will soon be coming to the United States after the Supreme Court recently overturned an old law banning states from allowing gambling on sports events. This is great news for the sports betting industry which currently is only available to gamblers in Nevada casinos. In this article Gambling.site will discuss how these changes can affect sports betting companies and online casinos in the United States.
Investopedia wrote an article about 5 Sports Betting Stocks that may Pay Off Big after the recent Supreme Court ruling against the Federal ban on sports gambling. They listed Activision Bilzzard (ATVI), William Hill (WMH.UK), GVC Holdings (GVC.UK) and 888 Holdings (888.UK). But they also think that U.S. firms Boyd Gaming Corp. (BYD) Boyd Gaming Corp and Penn National Gaming Inc. (PENN) Penn National Gaming Inc can also benefit from the new sports betting opportunity opened to States in the USA.
NBC News posted a news article discussing how the Supreme Court’s ruling may open doors to a U.K. style gambling industry. Gambling on sporting events is a multi-billion dollars industry in Great Britain. This change can bring in Billions into the U.S. and create jobs helping to boost the United States economy and bring in tax dollars from sportsbooks and taxable income from sports gamblers to the U.S. Government.
Online Sports Betting Sites are also expected to benefit from the new Supreme Court ruling. Online casinos have been operating in the United States for several years already but online sportsbooks were not allowed under the old law which banned sports betting on a Federal level.
Gambling.site will keep you updated on this story as news is released and we’ll let you know what changes are coming and how they might affect you. In addition to providing reviews of sports betting sites we also offer reviews of the best casino sites and top online poker sites available for real money gambling on the Internet.