Re: VSIN
If VSiN's business model were built on an imminent roll out of nationally available interstate online sports betting, that would not be a good strategy.
Even if PASPA is overturned in the New Jersey case, it's the Wire Act that prohibits legal betting across state lines. So if New Jersey wins, they can have in-state wagering, even mobile in-state wagering like Nevada. But no one, including Nevada, can have legal betting across state lines, regardless of PASPA. Because of the Wire Act. So no legal national betting with a Las Vegas hub per the New Jersey decision, however this comes out.
Repealing the Wire Act of course literally would take an Act of Congress, those guys who can't do anything, anything good anyway. There would be a whole host of right-wing bible-thumping do-gooders, left-wing nannystaters ("we have to protect the children"), and some but not all casino interests (short-sighted Sheldon Adelson) joining together to fight that repeal. And as the ObamaCare repeal "effort" shows, it's far easier to play defense than offense in Congress, where inertia rules the day.
We may be on the cusp of legal Nevada-style sports betting in multiple states, including in-state mobile apps. As soon as 2018, if Jersey wins. Maybe thereafter if not, depending on Congress.
But we're nowhere near nationally legal online sports betting with an interstate app on your phone. Repealing the Wire Act to allow anyone anywhere in the country to bet on their phone (I know, it makes too much sense) is a much taller order than repealing PASPA (if the Supreme Court rules against Jersey) to allow states to determine whether they will have legal in-state sports betting within their own borders.