Not long ago—1992, in fact—Congress passed a bill that essentially blocked sports betting nationwide, save for a few states. The law was ruled unconstitutional in 2018, and the scene changed quickly: Last year, Americans legally wagered nearly $120 billion on sporting events. Not long ago—1992, in fact—Congress passed a bill that essentially blocked sports betting nationwide, save for a few states. The law was ruled unconstitutional in 2018, and the scene changed quickly: Last year, Americans legally wagered nearly $120 billion on sporting events. Social Sciences Economics & Business Phys.org – latest science and technology news stories