Page 8 - Delaware Lawyer - Winter 2023

FEATURE
5 Years
Joe Asher
A Busy
Since PASPA was overturned, a multi-billion-dollar
In the five years since the United States Supreme Court invalidated the Professional and Amateur Sports Protection Act of 1992 (“PASPA”), the business of gambling on sports has exploded from one that was Nevada-centric and largely shunned by colleges and professional sports leagues to one that seems ubiquitous on national television and radio broadcasts.
industry has emerged T
he major U.S. sports leagues have gone from arguing in court that legalizing sports betting would
proudly displayed on the top of the office building where one of gam- bling’s giants, Caesars Entertain- ment, has its sports betting business headquartered in Las Vegas.
So much has changed in the world of sports betting in such a short pe- riod of time. The national landscape started to change in 2009, in Dela- ware. With the support of Governor
6 DELAWARE LAWYER WINTER 2023
cause their businesses irreparable harm to having gambling compa- nies as “official partners” (follow- ing receipt of millions of dollars in sponsorship revenue, of course). In- deed, the NFL logo, known to even the most casual football fan, is now