Hopes were raised that New Jersey's challenge to a federal law that prohibits sports betting could have a favourable outcome next year after the Supreme Court's oral arguments were heard Monday.

The Supreme Court scheduled two related cases - Christie v. NCAA and NJ Thoroughbred Horsemens Association v. NCAA - for an hour long oral hearing concerning New Jersey's long-running efforts to repeal the prohibition against sports betting under the Professional and Amateur Sports Protection Act (PASPA).

Former US Solicitor General Ted Olson, representing the petitioners, argued that PASPA did not clearly state a federal policy to prohibit sports betting and that the statute was unconstitutional, as it could not be repealed.

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