States given authority to make rules on sports betting

The Supreme Court handed down a ruling Monday that has major impacts on sports gambling and casinos.

The ruling allows states to make their own ruled on sports betting. The decision overturns a 1992 ban on sports betting in most states.

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"Sports betting is just another compliment to add to this great facility that we have here at Maryland Live!," said Joe Weinberg, CEO Cordish Global Gaming and CEO Cordish Global Cities Entertainment. "The ability to create a world class destination that has a full compliment of gaming that would have sports betting now so our customers don't have to travel half way across the county to Las Vegas."

Sports betting in Maryland requires a constitutional amendment. A decision is not expected anytime soon, unless there is a special session called to quickly put it on the ballot in November.

States, like New Jersey, have been fighting for sports betting to raise tax money and bring in tourists.

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