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Bookmakers Anticipated Trump's Victory Over Harris on Election Day, Foreseeing Him as the 47th Commander-in-Chief

President Donald Trump, serving his second term, was declared the winner in the election, aligning with bookmakers' forecasts. This guarantees a president with a liking for gambling will hold office.

win-with-trump-2024: a wild ride in sports betting and politics

Bookmakers Anticipated Trump's Victory Over Harris on Election Day, Foreseeing Him as the 47th Commander-in-Chief

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Key Points:- Trump's victory odds were stacked against him, but he shook the betting world on Election Day.- Trump secured or leads every battleground state, shattering the Democrat "Blue Wall."- Sports betting became legal at the state level, thanks in part to shifts during Trump's tenure.

Grant Mitchel, a seasoned sports betting guru, brings you the latest news from the sports betting scene. With a B.S. from Virginia Tech and a stint as an NCAA track and field athlete, Grant offers an insider's perspective and up-to-the-minute coverage of the ever-evolving sports betting industry. Credentialed by top-tier outlets like Forbes and VSiN, Grant is a trusted voice in the gambling world. When he's not immersed in the latest odds and bets, he's likely down at the gym, cruising around the city, or catching the big game of the day. 🌟🏈⚽️🎯

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📢 Law and Order: Here's the skinny on sports betting legalization during Trump's reign. Contrary to popular belief, a federal law mandating its legalization didn't pass during his first term. However, the U.S. Supreme Court was the game-changer. On May 14, 2018, the Court struck down the Professional and Amateur Sports Protection Act (PASPA), which had blocked most states from legalizing sports betting. Well, what's a little blockade to the U.S.? The ruling effectively handed the power to the states to decide for themselves whether to jump on the betting bandwagon, leading to a nationwide (excluding a couple of holdouts) sports betting frenzy. As of now, 39 states and Washington, D.C., have hopped aboard the legal sports betting train[2][3].

Now, you might wonder how this legal shift affected the Trump-Biden showdown in 2024. The connection ain't crystal clear, but keep in mind that gambling laws, including sports betting and event contracts, have been under the microscope in legal and regulatory debates, especially at the federal level, involving entities like the Commodity Futures Trading Commission[1][2].

Recent rumblings suggest that the Trump administration was down for prediction markets, and, by extension, a somewhat favorable stance on the expansion of sports betting-related activities[2]. But, as always in politics, figuring out the effects on the broader landscape, like elections, boils down to a whole lot of factors, like the economy, public opinion, and sports betting regulations.

  1. In the realm of politics and sports betting, Grant Mitchel, a seasoned pro, keeps readers updated on the evolving sports betting industry.
  2. With a background in Virginia Tech and athletics, Grant provides valuable insights from his insider's perspective.
  3. Legalizing sports betting was the focus during Trump's tenure, a shift that Grant covers regularly in his news updates.
  4. The legalization of sports betting at the state level was not due to a federal law mandate, but a U.S. Supreme Court ruling.
  5. The Supreme Court decision in May 2018 effectively allowed states to decide on the legalization of sports betting, leading to a nationwide sports betting frenzy, excluding a few holdouts.
  6. The connection between the sports betting legal shift and the Trump-Biden showdown in 2024 isn't clear-cut, but developments in gambling laws, like sports betting and event contracts, have been discussed in legal and regulatory debates.
  7. Recent rumblings indicate that the Trump administration was open to prediction markets, suggesting a somewhat favorable stance on the expansion of sports betting-related activities.
  8. The impact of the Trump administration on the 2024 election, however, is subject to numerous factors such as the economy, public opinion, and sports betting regulations.
Donald Trump clinches presidency for second term as 47th president, in line with betting industry predictions, ensuring a president with a favorable stance towards gambling will be in power.

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