Expect e-sports betting to blossom thanks to new Supreme Court ruling
Gambling and gaming are two sides of the same coin. You guys wouldn’t believe how many gambling companies request to put ads on MOP every month (unsuccessfully!), so clearly advertisers believe there’s plenty of overlap in the groups. And the debate over gambling in video games – whether we’re talking about lockbox monetization schemes or watching bureaucrats home in on skin gambling – isn’t going away. In fact, it’s about to get much bigger as gamblers are walloped from still another direction.
This week the Supreme Court effectively overturned PASPA – the 1992 Professional and Amateur Sports Protection Act – in deciding Murphy v. National Collegiate Athletic Association. The ruling hinged on the section of PASPA that basically barred local governments from licensing betting on sports games, reserving that power for the federal government. The act had been interpreted to include e-sports once e-sports became a thing as well. The state of New Jersey and the NCAA went to war over the statue, battling in court over the last seven years, and now, New Jersey, or at least the gambling institutions of New Jersey, has won.
“The decision is extremely consequential to sports bettors, who will now be able to lose their savings close to home, and would-be legal bookies, who need not share their local suckers with distant casino owners,” The Atlantic commented dryly. That’s one impact. The impact on already historically exploitative collegiate athletics has yet to be seen. But we have a pretty good idea how it’ll affect e-sports; as GIbiz reports, fantasy sports conglom DraftKings has apparently already announced plans to leap into the betting market for both the sports where you burn calories and the e-sports where you stare into monitors.
“Today’s Supreme Court ruling is welcome news to the millions of Americans who currently wager $150 billion illegally each year through off-shore, black market bookies,” claims the company. “States are now free to allow their residents to place mobile sports bets with licensed, trusted companies based in the U.S. and that pay taxes here.”