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The U.S. Third Circuit Court of Appeals has killed the State of Delaware's plan to introduce Nevada-style sportsbooks. The state hoped that it could generate some extra revenue to close an $800-million budget shortfall. I. Nelson Rose, a leading authority on gambling law explains why sportsbooks are only legal in Nevada.

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Kirk Golding, SR Vice President of Silverton Casino Lodge (L) and Lee Amaitis, President & CEO of Cantor Gaming, appear at the announcement of the Cantor Gaming sportsbook at the Silverton Casino Lodge on November 29, 2012 in Las Vegas, Nevada.
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