Starting from 1992, sports betting was illegal across the vast majority of the US territories. The Professional and Amateur Sports Protection Act (PASPA) was enacted this year, prohibiting individual states from legalizing sports betting within their jurisdictions.
However, this all changed in May 2018 when the Supreme Court of the US overturned PASPA for being unconstitutional.
According to the infographic below provided by NJ Games, the ruling opened a whole new world of possibilities for sports betting and gambling in general.
The infographic below will be taking you through this new industry and the freshly created business opportunities. You’ll be informed about the other important consequences of the Supreme Court’s ruling as well.
For example, you’ll see what this legalization means for the entire US economy, as you keep in mind that the gambling sector racks up about $208 billion currently.
You will also learn that it will bring new direct (86,819) and indirect (129,852) job opportunities.
Finally, the infographic explains how sports data companies sell real-time players’ stats to sportsbook operators, who use it to create better betting lines and track player performance.
Check it out!
