Federal sports-wagering ban overturned by U.S. Supreme Court

Updated at 12:24 p.m.

THE U.S. SUPREME COURT has overturned the federal law that barred gambling on individual sporting events in most of the country. / BLOOMBERG FILE PHOTO/LUKE SHARRETT
THE U.S. SUPREME COURT has overturned the federal law that barred gambling on individual sporting events in most of the country. / BLOOMBERG FILE PHOTO/LUKE SHARRETT
NEW YORK - The U.S. Supreme Court struck down the federal law that bars gambling on individual sporting events in most of the country, in a ruling likely to unleash a race among the states to attract billions of dollars in legal wagers. Ruling in a New Jersey case, the court said the 1992 law…

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