Jay Kornegay vividly recalls the Monday morning on May 14, 2018, when the trajectory of Nevada’s sports betting industry was changed by the U.S. Supreme Court.
Unlike some of his counterparts, Kornegay didn’t fret.
By a 7-2 vote, the justices ruled states had the right to regulate their own gaming businesses. The highly anticipated decision deemed the 25-year-old Professional and Amateur Sports Protection Act (PASPA) as unconstitutional and ended Nevada’s sports betting monopoly.
Congress passed the law in 1992 as an effort to define the legal status of sports betting. PASPA was also called the Bradley Act because it was backed by then-U.S. Sen. Bill Bradley (D-NJ), a former NBA player.
