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giftedviz.com May 21, 2018


Will SC legalize sports gambling after Supreme Court gives OK?

15 May 2018, 10:58 | Pamela Mathis

PGA Tour voices support of legal sports betting in wake of Court ruling

Supreme Court clears path for legalizing gambling

The US Supreme Court ruled on Monday that states can legalize sports betting.

Kelly expects some states such as New Jersey, Pennsylvania and West Virginia to move quickly on setting up legal sports betting operations, with NY not too far behind.

Soon after the Justices announced their 6-3 ruling Monday, DraftKings said it was already "working with state regulatory officials to apply for operating licenses", a process it preemptively started past year.

"The AGA stands ready to work with all stakeholders - states, tribes, sports leagues, and law enforcement - to create a new regulatory environment that capitalizes on this opportunity to engage fans and boost local economies".

New Jersey had been trying to legalise sports gambling in its casinos for years, starting with a 2012 law that explicitly authorized wagering.

"In Nevada, only two percent of the revenues come from sports betting and it should be the same about here", he said.

With the decision, states are now free to determine on their own whether they believe gambling on sports should be legal within their borders.

Will states begin allowing legalized sports gambling soon?

In a statement, the Oneidas cited the 1993 Nation-State Gaming Compact, which allows the tribe to add games that are permitted in NY.

"We are a sports-minded culture down here", said Allen Godfrey, Executive Director Mississippi Gaming Commission.

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Dunbar also points out Amendment 3, which will be on the Florida ballot in November, and says that residents need to vote "no" if they want to see sports gambling in Florida.

Will Massachusetts casinos like Plainridge, MGM, and Encore start offering sports betting?

In anticipation of the court ruling, the Oneidas have been making preparations to offer sports betting at venues on the Oneida reservation.

The NCAA and the major professional sports leagues contended that the law was not unconstitutional, because it didn't compel states to do anything; it simply prevented them from making sports betting legal by either operating sports-gambling schemes themselves or authorizing casinos to do so. Both Iowa and Minnesota are proposing legislation that allow sports betting, but it's more than likely that the issue won't be discussed until the next legislative sessions. The money would be given to sports leagues to help them deal with integrity issues that could arise.

Experts said sports gambling is not a huge moneymaker for casinos, in part because of the uncontrolled nature of the gambling.

State Sen. Mark Blasdel, who is on the Gaming Advisory Council that examines and advises on gambling, agreed.

"There is about $150 billion dollars a year in which bets are illegally made on sports betting", Decorah said.

It is a big decision, as a lot of the sports betting was already going on under the table.

The CEO of the American Gaming Association, Geoff Freeeman, praised the decision. The law had allowed states like Nevada to have massive sports books.



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