Sports betting in the US and the vast opportunities it offers

The US Supreme Court made a huge call in May 2018 when they ruled out the Professional and Amateur Sports Protection Act (PASPA). The act had previously limited all gambling within the country's borders to only four states that legalised it in 1991. Since May 14, 2018, every State gained the right to adopt and legally regulate the gambling industry. Many took advantage right away, some waited some time to see the implications of the predecessors, while others are yet to enter the world of gambling and online gambling. 

The numbers for States that have already legalised gambling speak for themselves. More than $130bn was placed only on sports betting by Americans since the PASPA repeal. Out of 50 States, to date, two-thirds have adopted sports betting. Based on the numbers and money involved, we can easily expect the rest to join the caravan sooner rather than later. 

The maiden bet placed in New Jersey best announced what was to come 

The author of the inaugural bet ever placed in New Jersey was former State senator Ray Lesniak. It has a lot of symbolism because its outcome pretty much announced what was to come profit-wise for the states that do decide to embrace the new niche.