Saturday, 26 May, 2018


Casinos Weigh In on Supreme Court Sports Gambling Decision

States are now free to offer sports betting: where do South Carolina leaders stand? NCAA in favor of sports gambling, suspends championship policy
Noah Ferguson | 17 May, 2018, 13:30

Yet the NFL decided Las Vegas, the capital of United States sports and all other sorts of gambling, was good enough for the league.

"Today the Supreme Court sided with New Jersey in striking down the arbitrary federal ban on sports betting". Around the country, other leagues are gathering this month and - for most - the possibility of legalized sports gambling where their member institutions are located will be a major topic.

Billionaire investor Mark Cuban appears confident that Monday's Supreme Court decision to strike down a federal sports betting ban will help the game of poker. The decision this week allows states to legalize sports gambling. Whether you are betting on sports or playing poker, lawmakers must make it a priority to protect customers.

When will NY open its doors to sports betting?

"It is possible for Congress to ban sports gambling nationwide, but it can not dictate those terms at the state level", legal experts say. "It becomes a social experience".

Following the U.S. Supreme Court's ruling to allow the presence of gambling to be left to State legislatures, Santa Clarita and the rest of California may be seeing the legalization of sports betting within the next couple years.

Gentile said he believes states will take a variety of different paths.

The Restore America's Wire Act was introduced, backed by Las Vegas casino magnate Sheldon Adelson and his Coalition to Stop Online Gambling, but hasn't seen much traction in the past two years. That has sparked criticism about money leaving Kentucky, but casino gambling hasn't advanced in recent years, and Gov. Matt Bevin is opposed. Although it has always been this way, the Supreme Court decision provides some much-needed clarity.

"We've got some time to try wrap our heads around it and find out if it's something we want to do and if so, how to do it", said the Republican, who expects to hear all sides by the time the legislature convenes in January.

On Tuesday, he narrowed the window by declaring May 28 as the day Monmouth Park will launch sports betting in New Jersey.

A sports better displays his ticket from a horse race at the Green Valley Ranch sports book in Henderson on Thursday, April 26, 2018.

While New Jersey, Pennsylvania and MS reportedly are moving quickly to implement sports betting, Oklahoma lawmakers are taking a more contemplative approach in a state with more than three dozen federally recognized tribes. Industry website Equibase hasn't tracked attendance since the mid-1990s, but it has been dropping.

In the wake of the Court's decision, there are several actions that leagues, teams, conferences, and schools should take to prepare for a world where state-sanctioned sports betting is commonplace.

Hall of Fame trainer Bob Baffert's previous Derby victor, American Pharoah, created a buzz three years ago in becoming the sport's first Triple Crown champion since 1978.

College and professional sports have been littered with betting scandals going back years, including point-shaving incidents at Northwestern, Boston College, Tulane, and other schools.

"I think it is going to be a very long time before most states sort this out because there are a lot of complex issues involved", said Barrow.

Probably not, said Kate Lowenhar-Fisher, a Las Vegas-based attorney who chairs the gaming practice at Dickinson Wright.

Off-Track Betting affiliates and horse racetracks, meanwhile, would be able to offer sports betting by entering into partnerships with the casinos. "Anytime we can expand our distribution platform is a good thing". On top of that, they have military service, so they are a bit more desperate to get money.

The NFL, NBA and others want Congress to set uniform, nationwide rules on sports gambling for all states, saying the integrity of athletics is at stake. The classic decisions expressing it say that Congress may not direct states to do things on behalf of the federal government.

"You like to win when there's a crowd". AGA President Geoff Freeman described the high court's opinion as "a victory for the millions of Americans who seek to bet on sports in a safe and regulated manner".

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