Britain’s bookmakers jockey for position in US betting watershed Rob Davies, The Guardian · April 29, 2018 at 9:39 pm Over the past 26 years, if you had placed a bet on a baseball game in the US, the chances are you were doing so illegally. On the other end of the wager might be a sophisticated offshore operation based in the Caribbean or run by organised crime groups. Sports betting in the world’s largest economy has largely moved underground. The Professional and Amateur Sports Protection Act of 1992 (PASPA) effectively outlawed sports betting nationwide, with the exception of a few states. The result was a thriving underground betting industry that accepts an estimated $150bn (£108bn) in illegal wagers every year, according to the American Gaming Association. However, the US is nearing a watershed moment. The supreme court is considering whether to repeal PASPA after a protracted legal challenge by the state of New Jersey – and the signs are that New Jersey will get its way.