I'm a little surprised no one had brought up a topic on SCOTUS hearing arguments on Christie vs NCAA.
Once SCOTUS decided to take the case, it seemed inevitable that New Jersey would win. From the sounds of trying to analyze the justices opinions, it still seems like NJ wins. Whether or not each state can follow suit will be the bigger question. If other states can follow through, there has been talk that states would take bets literally the day the decision comes down in New Jersey's favor.
It is absolutely ridiculous, illogical and unfathomable that Nevada can have legal sports betting but no other state can.
This would seem a slam dunk for SCOTUS.
Quote from: MU82 on December 05, 2017, 10:14:49 PM
It is absolutely ridiculous, illogical and unfathomable that Nevada can have legal sports betting but no other state can.
This would seem a slam dunk for SCOTUS.
It is also legal in Oregon, Delaware and Montana.
Quote from: Skitch on December 06, 2017, 01:57:44 AM
It is also legal in Oregon, Delaware and Montana.
Thanks. Is it totally legal in those states - as in they have Vegas-style sports books? Or do they have some limitations?
It was my understanding there are Vegas-style sports books in Connecticut, but they are only in Indian casino's, so I assume that's the difference.
Oregon used to have something called Sports Action which was essentially parlay cards offered by the state's lottery. Since Sports Action preceded the 1992 federal act (PASPA), Oregon was exempted from PASPA.
The lottery discontinued Sports Action about 10 years ago so that they could host NCAA championships within the state, but the state is still exempted from PASPA. But since there's no sportsbooks in Oregon, the only distinction is that there's no gray area on online sports betting in Oregon... in other words, Oregon residents can legally place bets through offshore sites such as Bodog, BetOnline, 5dimes, etc.
BIll Bradley spearheaded this bill and did an interview on NPR speaking about its intent and why he thought it was important.
Long story short every state had a chance to legalize sports gaming for one year after bill passage and chose not to.
Times change of course...
Quote from: MU82 on December 06, 2017, 06:43:38 AM
Thanks. Is it totally legal in those states - as in they have Vegas-style sports books? Or do they have some limitations?
As of a few years ago, in Delaware you can only make parlay bets, three at a time. So if you want to bet on a game, you have to make a bet on three games. At least that's how I've always understood it.
Quote from: Eldon on December 06, 2017, 07:09:59 PM
As of a few years ago, in Delaware you can only make parlay bets, three at a time. So if you want to bet on a game, you have to make a bet on three games. At least that's how I've always understood it.
If so, that's just silly, no?
It's like when Illinois only allowed floating casinos, as if being on land, 15 feet away, was "less wholesome."
Quote from: MU82 on December 06, 2017, 10:18:05 PM
If so, that's just silly, no?
It's like when Illinois only allowed floating casinos, as if being on land, 15 feet away, was "less wholesome."
Not as bad as French Lick, IN where they literally dug a hole in the ground the size of the boat, filled it with water and floated the boat on it, complete with a ship captain, because just in case you needed to drive the boat the maximum distance of 10 inches in any direction before running ashore.
Seriously... check this out
https://www.google.com/maps/@38.5541566,-86.6193106,19z/data=!3m1!1e3?hl=en-us
You can't even see the damn water anymore, but I assure you, that is a riverboat casino.
Quote from: Benny B on December 06, 2017, 11:02:40 PM
Not as bad as French Lick, IN where they literally dug a hole in the ground the size of the boat, filled it with water and floated the boat on it, complete with a ship captain, because just in case you needed to drive the boat the maximum distance of 10 inches in any direction before running ashore.
Seriously... check this out
https://www.google.com/maps/@38.5541566,-86.6193106,19z/data=!3m1!1e3?hl=en-us
You can't even see the damn water anymore, but I assure you, that is a riverboat casino.
That Pete Dye Course though...
Quote from: Benny B on December 06, 2017, 11:02:40 PM
Not as bad as French Lick, IN where they literally dug a hole in the ground the size of the boat, filled it with water and floated the boat on it, complete with a ship captain, because just in case you needed to drive the boat the maximum distance of 10 inches in any direction before running ashore.
Seriously... check this out
https://www.google.com/maps/@38.5541566,-86.6193106,19z/data=!3m1!1e3?hl=en-us
You can't even see the damn water anymore, but I assure you, that is a riverboat casino.
Hilarious.
Politicians!
We could be 20 minutes away from sports gambling getting a thumbs up from SCOTUS.
A couple of racetracks in NJ are literally ready to open today to take wagers.
Quote from: Benny B on December 06, 2017, 11:02:40 PM
Not as bad as French Lick, IN where they literally dug a hole in the ground the size of the boat, filled it with water and floated the boat on it, complete with a ship captain, because just in case you needed to drive the boat the maximum distance of 10 inches in any direction before running ashore.
Seriously... check this out
https://www.google.com/maps/@38.5541566,-86.6193106,19z/data=!3m1!1e3?hl=en-us
You can't even see the damn water anymore, but I assure you, that is a riverboat casino.
Illinois did the same type of thing in the Fox River in Elgin and Joliet. The Riverboats undock and move 20 feet before being redocked.
Quote from: Benny B on December 06, 2017, 11:02:40 PM
Not as bad as French Lick, IN where they literally dug a hole in the ground the size of the boat, filled it with water and floated the boat on it, complete with a ship captain, because just in case you needed to drive the boat the maximum distance of 10 inches in any direction before running ashore.
Seriously... check this out
https://www.google.com/maps/@38.5541566,-86.6193106,19z/data=!3m1!1e3?hl=en-us
You can't even see the damn water anymore, but I assure you, that is a riverboat casino.
They got rid of the water at least a decade ago and I'm not sure it ever really floated. The state changed the rule years ago.
Quote from: #bansultan on March 06, 2018, 08:21:06 AM
They got rid of the water at least a decade ago and I'm not sure it ever really floated. The state changed the rule years ago.
The casino opened in November 2006, and the law that did away with the requirement that boats be water-based wasn't enacted until two years later - that's when they filled in the moat. Originally, the casino was going to be on nearby Patoka Lake instead; however, Patoka is not a natural lake so it falls under the jurisdiction of the Army Corps of Engineers who wouldn't approve a casino site... the license was eventually transferred to French Lick in the early 2000s, but since it was still technically a riverboat license, in order to meet the requirements under the law at the time, they had to build it "in the shape" of a riverboat and it had to be surrounded by water. Did it actually float? Like most riverboat casinos today, it was built on pylons, but it had to be engineered to float. So no... it probably never floated on its own, but in theory, it could have. Nevertheless, under the law in 2006, a "Riverboat" required a method of self-propulsion, which under USCG regulations, necessitated a crew, even if it was permanently docked.
I met the boat's captain on a tour in Oct 2006 by the state rep who procured the casino for French Lick. Incidentally, my disdain for politicians and politics can be traced back to that very day. I never did get a chance to confirm this, but the rep joked (I think) that the boat's method of "self-propulsion" was a small outboard engine taken from an old pontoon boat.
This is a historically significant day in the history of US sports. No matter if you like gambling or not, the ramifications of the SCOTUS ruling are absolutely massive.
Your entire sporting experience is going to change, from the actual wagering aspect (New Jersey will take bests two weeks from today), to significant content changes on sports networks, new ad streams, the US sports model is going to change rapidly.
Quote from: MUDish on May 14, 2018, 09:29:08 AM
This is a historically significant day in the history of US sports. No matter if you like gambling or not, the ramifications of the SCOTUS ruling are absolutely massive.
Your entire sporting experience is going to change, from the actual wagering aspect (New Jersey will take bests two weeks from today), to significant content changes on sports networks, new ad streams, the US sports model is going to change rapidly.
https://www.npr.org/sections/thetwo-way/2018/05/14/589087523/supreme-court-rules-states-are-free-to-legalize-sports-betting
Quote from: MUDish on May 14, 2018, 09:29:08 AM
This is a historically significant day in the history of US sports. No matter if you like gambling or not, the ramifications of the SCOTUS ruling are absolutely massive.
Your entire sporting experience is going to change, from the actual wagering aspect (New Jersey will take bests two weeks from today), to significant content changes on sports networks, new ad streams, the US sports model is going to change rapidly.
If you've ever watched the English Premier League, where sports betting is legal, they routinely show odds at the stadium. Odds of next goal scorer, winning odds, etc and you can call in bets at any time. It will be a significant change to the sporting experience.
Screw off Bovada with your shitty odds, exorbitant offshore processing fees, and waiting three weeks for a payout.
Quote from: reinko on May 14, 2018, 10:45:14 AM
Screw off Bovada with your crapty odds, exorbitant offshore processing fees, and waiting three weeks for a payout.
This will either kill off Bovada and all the offshores, or force them to be much more competitive. The ripple effects are going to be so interesting. As an example, I wonder if the new arena has planned for this, either with kiosks or a "lounge". Obviously the state would have to go through the formalities to legalize it in Wisconsin, but new arenas/stadiums being built are going to want to cater to high end bettors especially, it'd be ignorant and silly for them not to. Events like boxing/UFC for arenas become much more appealing to draw if you attract more casual fans wanting to go for the appeal of betting and watching in person. The revenue states should earn from this should be a monumental shot in the arm. New Jersey alone is projecting to take in $8 billion over the next year in wagers. Whatever vig the state takes, combined with taxing any winnings, it should be a game changer for states.
It's going to be an arm's race now though as smart states (NJ, PA, WV, MS) are sprinting to get their laws set up and the infrastructure in place to be ready by September for the NFL. Be interesting to see if state legislatures that are out for the summer get called back to take votes on this quickly, especially in a mid term year. States that aren't ready to go will be leaving millions of dollars on the table for 2018.
Quote from: MUDish on May 14, 2018, 11:14:46 AM
This will either kill off Bovada and all the offshores, or force them to be much more competitive. The ripple effects are going to be so interesting. As an example, I wonder if the new arena has planned for this, either with kiosks or a "lounge". Obviously the state would have to go through the formalities to legalize it in Wisconsin, but new arenas/stadiums being built are going to want to cater to high end bettors especially, it'd be ignorant and silly for them not to. Events like boxing/UFC for arenas become much more appealing to draw if you attract more casual fans wanting to go for the appeal of betting and watching in person. The revenue states should earn from this should be a monumental shot in the arm. New Jersey alone is projecting to take in $8 billion over the next year in wagers. Whatever vig the state takes, combined with taxing any winnings, it should be a game changer for states.
It's going to be an arm's race now though as smart states (NJ, PA, WV, MS) are sprinting to get their laws set up and the infrastructure in place to be ready by September for the NFL. Be interesting to see if state legislatures that are out for the summer get called back to take votes on this quickly, especially in a mid term year. States that aren't ready to go will be leaving millions of dollars on the table for 2018.
You'd think so, but that's not typically how it works. Look at state lotteries, for example. Sure, they go toward schools/education funding. But, many states just move the money around. So, if a state previously allotted $1mil toward education from taxes, and have $1mil from the lottery, typically they remove the taxpayer $1mil and put that toward other interests. So the school should get $2mil, but they don't. And you can bet that "extra" $1mil that they've "found" available in the budget is going toward some crony project.
I have low expectations for any significant civil/citizen improvements from extra government money. Sorry for being so cynical.
If I ever placed a bet, this would excite me.
I have little doubt that Congress will get involved soon. It won't ban sports betting outright (though it could by criminalizing it at the federal level, and then relying on preemption). But it will look to regulate it so that betting rules are uniform across the country. The big sports leagues will play a MAJOR role in developing and passing this legislation.
Quote from: jesmu84 on May 14, 2018, 11:54:01 AM
You'd think so, but that's not typically how it works. Look at state lotteries, for example. Sure, they go toward schools/education funding. But, many states just move the money around. So, if a state previously allotted $1mil toward education from taxes, and have $1mil from the lottery, typically they remove the taxpayer $1mil and put that toward other interests. So the school should get $2mil, but they don't. And you can bet that "extra" $1mil that they've "found" available in the budget is going toward some crony project.
I have low expectations for any significant civil/citizen improvements from extra government money. Sorry for being so cynical.
I don't necessarily disagree with you here, especially living in Illinois.
My point was there should be a revenue stream available that otherwise would go offshore/underground/Nevada. As an example, last week I was in Tahoe on the NV side and placed futures bets on the Texans and Chiefs to win their divisions. If I could have done that in Illinois, I would have preferred that if it was available (if for no other reason than ease of collecting should I win). If I had to pay Illinois 10 cents to place the wager, it'd still be cheaper to collect. What the state does with my ten cents is surely open to skepticism, no doubt.
Quote from: MUDish on May 14, 2018, 11:14:46 AM
I wonder if the new arena has planned for this, either with kiosks or a "lounge".
Perhaps we just found out what the value prop is for the Mezzanine Level Club.
Quote from: tower912 on May 14, 2018, 11:59:21 AM
If I ever placed a bet, this would excite me.
+1
I'm not against gambling and I'm not denying the impact, but I don't really want more coverage of betting lines and the like.
Friendly wagers on the golf course, around the fire station, the occasional lottery ticket. Never spent a dime in a casino or on a sports book.
Gonna be a lot of battles coming up between the sports leagues and the states as Leagues look for their cut.
Quote from: tower912 on May 14, 2018, 03:19:37 PM
Friendly wagers on the golf course, around the fire station, the occasional lottery ticket. Never spent a dime in a casino or on a sports book.
Me too; however the Jersey legislature, my home state, expects to have the law in place by July 4 so they can be ready for the NFL season.
Walker says WI will not do it, likely violates agreements with the Indian casinos, I could care less gambling although additional state revenue might not hurt.
Back when I lived in the UK, I recall there were limits on bets that could be placed in the stadium kiosks... pretty low limits. It is, after all, a "family" event!
Quote from: Waldo Jeffers on May 15, 2018, 08:06:04 AM
Walker says WI will not do it, likely violates agreements with the Indian casinos, I could care less gambling although additional state revenue might not hurt.
Wisconsin would just need to remove its prohibition to allow the tribes to offer sports gambling though, right? I'm not sure what the interplay between Wisconsin gambling law and tribal sovereignty is there, but I assume there must be some sort of ban applicable to tribal casinos located in WI or they would already offer it (many have OTB as it is). If there is a WI ban applicable, even if actually offering sports gambling at the state level would violate agreements with the tribes, maybe there's a deal to be struck there to lift the ban for the tribal casinos in exchange for a cut.
Be careful with the Indian Casinos. Several years ago, Detroit allowed MGM to build a casino. By doing that, it voided all of the compacts with the Indian tribes running casinos. Prior to that, it was specified what percentage they paid to the state. By allowing MGM to build and voiding the contracts, the tribes get to choose if they pay any taxes at all to any entity. State coffers took a hit.
Quote from: tower912 on May 15, 2018, 11:44:14 AM
Be careful with the Indian Casinos. Several years ago, Detroit allowed MGM to build a casino. By doing that, it voided all of the compacts with the Indian tribes running casinos. Prior to that, it was specified what percentage they paid to the state. By allowing MGM to build and voiding the contracts, the tribes get to choose if they pay any taxes at all to any entity. State coffers took a hit.
Connecticut is going through this now. MGM has a massive offer to build a casino in Bridgeport, but if approved it will void the slots revenue contract with the two largest Indian casinos in the country.
They are also discussing a special session to discuss yesterdays sports books decision as it involves the casinos also and the OTB facilities in the state.
Quote from: Waldo Jeffers on May 15, 2018, 08:06:04 AM
Walker says WI will not do it, likely violates agreements with the Indian casinos, I could care less gambling although additional state revenue might not hurt.
Minnesota officials made similar comments yesterday, that the tribal pacts would complicate things. Orin Hatch to put out some new legislation to regulate this nationally. Feels like this has a long way to go still, but change is a coming.
1961 Wire Act is going to be a problem.
Second, though the leagues sued in 2012 and 2014 to stop NJ, privately (especially the NBA) has been lobbying for legal betting. They want a piece of the action, 1% originally on the juice. The gambling firms told the NBA to get f'd, so the NBA and others are now at .25% demand. The firms may still tell them to get f'd. Gambling happens in Vegas today without the leagues getting a cut, they don't bring anything accretive to the table for the gambling firms.
Third, now there are these other businesses wanting to jump in as adding value to watchers and the betters. Think ESPN, Comcast, to make it easier for gambler to bet on what they are watching. Problem is that this will be state to state, makes it difficult. It also adds more cost to the Vig, if everyone has their hand out the legal Vig will be more than the local bookie. Today the Vig is about 6% to 10% usually. If legal betting goes to 10% or higher, why would betters make the legal bets just to give more middlemen a cut of your potential winnings? Yes, there will be more betters because of the ease of betting, but this will be where green betters go and that eventually isn't sustainable. The big events will have mass legal wagering, but the day to day stuff will not sustain if the rates are too high.
Keep your eye on the Wire Act fallout, that is key here.