In case you missed the news earlier this morning, the US Supreme Court has officially ruled that the federal ban on sports betting is unconstitutional. What this means is that the floodgates are now officially open to allow sports betting across the entire USA.
BREAKING: U.S. Supreme Court rules that federal ban on state-sanctioned sports betting is unconstitutional. Decides case in favor of New Jersey. Floodgates now officially open for other states to allow sports betting. #RIPPASPA
From this day forward, any independent corporation looking to get into the sports betting business has free reign to do as they please. As for sports fans, they can now legally gamble money on football, baseball, basketball, golf and, of course, hockey. This means that companies like DraftKings and FanDuel will likely see a flood of competition in the betting business in the coming months.
How cool will it be to legally put down $5 or $10 online while watching games on TV?
But, what does it mean specifically for pro sports leagues like the NHL? Will fans be able to login to their NHL.com account and place a bet before and during NHL games?
Surprisingly, the NHL issued a statement just hours after the Supreme Court ruling. Check it out:
"The Supreme Court’s decision today paves the way to an entirely different landscape - one in which we have not previously operated. We will review our current practices and policies and decide whether adjustments are needed, and if so, what those adjustments will look like. It’s important to emphasize that the Supreme Court’s decision has no immediate impact on existing League rules relating to sports wagering, and particularly, wagering involving NHL games. So, while changes may be considered in the future, today’s decision does not directly impact the operation of the League or any of our Clubs in the short term.”
So, basically… nothing yet, but just wait. Anyone who thinks the NHL will pass up potentially millions of dollars per year in gambling revenue is only fooling themselves. It’s coming, it’s just a matter of time. And get ready for plenty of other companies to spring up in the wake of this historic ruling.