By Jim Havel, Chris Schmidt, Ryan Davis, Steve Smith and Broderick Johnson (May 17, 2018, 12:18 PM EDT) -- The U.S. Supreme Court's seminal decision in Murphy v. National Collegiate Athletic Association (formerly known as Christie v. NCAA) removes the federal ban on sports betting and returns to the states the ability to regulate sports betting. Some may believe the Supreme Court's decision to invalidate the Professional and Amateur Sports Protection Act, the federal ban on sports wagering outside of Nevada and a few other jurisdictions, legalizes sports betting across the United States. That is incorrect. Instead, the ruling affords states the opportunity to legalize and regulate sports betting at the state level as they once did before PASPA....