The Supreme Court has legalized sports gambling.
That means it's a free-for-all of sports betting across the nation, right? Not exactly.
Monday was, indeed, a landmark victory for sports gamblers everywhere. The Supreme Court ruled a 1992 federal ban on sports gambling—the Professional and Amateur Sports Protection Act, or PASPA—was unconstitutional, opening the doors for states to enact their own gambling laws.
"Congress can regulate sports gambling directly, but if it elects not to do so, each State is free to act on its own. Our job is to interpret the law Congress has enacted and decide whether it is consistent with the Constitution.