David S. Weinstein Anticipates a Rush by States to Take Advantage of Recent U.S. Supreme Court Sports Betting Decision

David S. Weinstein—a Miami-based partner in the Government Practice Group at Hinshaw & Culbertson LLP—takes a look at the recent Supreme Court Decision in Murphy v. National Collegiate Athletic Association, in which the Court ruled that the federal Professional and Amateur Sports Protection Act (PASPA) violated the 10th Amendment by "commandeering" the state to enforce federal laws or policies.

Noting the founding fathers had little reason to anticipate that side bets on wrestling, cricket and nine-pin matches would someday become the focus of a legal opinion examining the intent of the 10th amendment’s reserved powers, Weinstein suggests the Murphy decision may not necessarily be the panacea that sports books and bettors were expecting. Nonetheless, he expects states such as Florida will not let the opportunity to add a new revenue stream—in the form of a tax on sports gambling winnings—slip away.

Read "Can I Double Down in Fla. and Take Some Action on the Supreme Court Decision in 'Murphy'?," on the Daily Business Review website (subscription may be required)