The Supremes announced a decision today which greatly limited the PASPA (Professional and Amateur Sports Protection Act). Apparently, New Jersey will be the first to offer sports gaming in its casinos and race tracks. Monmouth Park, which bankrolled part of the legal expenses, will apparently be ready to accept bets on the NBA Finals as early as next Monday or Tuesday.

There are five other states that have passed enabling legislation in anticipation of the ruling by the Supreme Court (including Mississippi). I would think that market forces would cause rapid adoption of sports gaming as the states attempt to maintain a competitive balance (i.e. why would you want to attend a watch party for the Saints-Cowboys game at Harrah's in New Orleans when you can watch 45 minutes down the road in Bilxoi and bet on the game, and each proposition bet, etc).

Part of the controversy will be the so-call "integrity fees" charged by the pro sports leagues. It will be interesting to see how that shakes out. The West Virginia law includes a similar fee for both WVU and Marshall.

The next few weeks will be interesting in this arena.