Top 10 questions and answers regarding the US Supreme Court sports betting decision

THE MONDAY LINK

Mondays at NETimeGambling will be linking to an editorial or great resource post.  We will try to lead you to an interesting link in the casino world – New England, the northeast, or anywhere.  Any topic from experts that would might perk your interest.

So the, The Supreme Court has ruled in favor of New Jersey striking down a 25-year old federal law known as the Professional and Amateur Sports Protection Act (PASPA) that largely outlawed sports betting outside Nevada, excluding a few states, Nevada, Oregon, Delaware and Montana, the four states that were grandfathered in and can currently offer sports betting.

What has happened since then?

Alexander Hamilton for the (modest) win: Delaware Gov. John Carney didn’t risk any mortgage money, but did place his state’s first legal sports bet on Tuesday. (Image: AP)

Last Tuesday, Delaware, the second smallest state, accepted bets on professional sports – the first to roll out its betting program since last month’s U.S. Supreme Court decision the only East Coast state to offer legal athletics wagering.

Some of us still have questions about the decision, the future of sports betting, and when it will accessible.

Today we start with an article on the buzz last week – the Supreme Court Decision concerning The Professional and Amateur Sports Protection Act of 1992 (A.K.A. PASPA).

Top 10 questions and answers regarding the US Supreme Court sports betting decision

by Gary Trask of CasinoCityTimes

 

Enjoy

Binbin

 

Sports Betting Progress in New England

The renovated Westgate Casino Racebook., Las Vegas.

Two New England states were listed in an article by Abby Messick of CasinoCityTimes.com in an interesting list of “Top 10 US states to legalize sports betting.”  Massachusetts and Connecticut were listed as 7th and 2nd respectively behind New Jersey to be the soonest to offer sports betting.  All of this relies upon the legalization of sports betting in the U.S. The Professional and Amateur Sports Protection Act of 1992 (A.K.A. PASPA), is a law that defines the legal status of sports betting throughout the United States, which basically outlawed sports betting nationwide, excluding a few states, Nevada, Oregon, Delaware and Montana, the four states that were grandfathered in and can currently offer sports betting.

New Jersey continues to try to pave the way for the rest of the states with attempts from 2012 to authorize sports betting laws that challenged PASPA.  According to Gary Trask of  “The case, Christie v. National Collegiate Athletic Association, centers around the Professional and Amateur Sports Protection Act (PASPA) of 1992 and pits outgoing New Jersey Governor Chris Christie against the NCAA and the four major professional sports leagues (NFL, NBA, NHL and Major League Baseball), but could also very easily pave the way for other U.S. states to quickly begin offering regulated sports betting.”

Massachusetts & Connecticut

On to Abby Messick’s post, and then a brief look at the rest of New England’s sports betting possibilities.

7. Massachusetts
There are no sports-betting-specific bills in Massachusetts right now, but key lawmakers are generating interest. State Senator Eileen Donoghue has introduced SD 2480, which would form a committee to study, regulate and examine further the idea of legal sports betting.
A white paper released by the Massachusetts Gaming Commission in March touches on legislative movement in other states, takes a look at any other federal laws that could possibly impact sports betting in the U.S., and eyes potential operators. Plainridge Park, [Encore] Boston Harbor and MGM Springfield are throwing their support behind sports betting, as well. Perhaps most importantly, the white paper comes to the conclusion that sports betting would be a welcome new source of revenue for the state. And we all know how convincing an argument money is……..

We also think that the massive lobbying tactics of MGM could help turn PASPA around.  Both Wynn & MGM have tons of experience from their Las Vegas casinos. MGM’s Borgata in New Jersey is already setting up it’s racebook area, anticipating a change in legislation.

2. Connecticut

Mohegan Sun Racebook


The Connecticut Lottery Corporation remarked in a meeting last week that it’s “ready to operate sports betting.” Director of IT Steve Wager commented that sports betting is particularly suited to the lottery scene, and it would “just be another option.”  [The latest bill] will allow casinos, horse racing tracks and off-track betting facilities to offer sports betting, in addition to language that allows for internet wagering and online lottery sales. But….the egregious 15% tax revenue, which, as we know from prior experience, is killer……….
Not to mention that the state’s tribes aren’t exactly happy with the bill’s proposed integrity fee. In a written statement on behalf of Foxwoods, Executive Director of Online Gaming Seth Young said, “While we support the legalization of sports gambling, as written this bill takes the power out of the hands of the state and transfers it directly to the sports leagues, where the leagues themselves would have the sole power to decide whether or not Connecticut will be allowed to try to recapture its illegal black market. The demands of the sports leagues make supporting this bill, as written, a vote for the continued success of the unregulated black market, a vote against revenue enhancement to the state, and a vote against common sense.”

Just last week, CT Legislators ended their term without consideration for the sports-betting bill. The next time it would be able to be revisited would be in the fall.

The Rest Of New England

RHODE ISLAND

According to LegalSportsReport.com Gov. Gina Raimondo included $23.5 million in revenue from legal sports betting at Twin River Casino and Tiverton Hotel Casino in a plan to fund state operations. The budget plan does not count on online sports wagering, but does open the door for future consideration.  Of course, as the other states’ plans, it would require a victory for New Jersey’s case against the federal sports betting ban, PASPA.

VERMONT, NEW HAMPSHIRE & MAINE

All three states prohibit Nevada-style sports betting. Such laws would need to be repealed or amended before full-scale sports wagering would be permitted. These states do not have any publicly announced bills devoted to sports betting legalization. Both New Hampshire & Vermont would need the lottery to possible be the conduit to sports betting, since both do not have brick-and-mortar casinos (not that New Hampshire hasn’t tried, and tried, and tried……).  Maine does have two casinos that could include sports betting, but state laws against it would have to be repealed.

AMERICAN GAMING ASSOCIATION

The AGA has been a major proponent for legalized sports gambling.  It sites the following stats to back the opinion that PASPA has failed:

  • $58 Billion in illegal bets were placed on the NFL and college football games last season, with only $2 Billion bet legally
  • Americans bet more than $15 billion on the Super Bowl and March Madness — 97% was bet illegally.

CONCLUSION

This is a quick overview of some very intricate wheeling and dealing going on.  Legislators are now taking a break in most states, so news will slow.  But I believe more a more intense movement will follow in the fall.

Binbin

 

 

Kentucky Derby Celebrations 2018

Kentuck Derby at Churchill Downs

Kentuck Derby at Churchill Downs

Where are you celebrating the “Run for the Roses?”

The Kentucky Derby is much more than a horse race.  Its traditions have over a century of history and pageantry.  The Garland of Roses, first established as part of the Derby celebration when they were presented to all the ladies attending a fashionable Louisville Derby party.  The famous Twin Spires were the finishing touches to the Grandstand in 1895.

Staying home, or celebration at a New England Casino?  Here is a list of where to celebrate and have some “Derby” Fun:

MAINE – Oxford Casino

Oxford Casino, Maine

Oxford Casino, Maine

Derby Dash – SATURDAY, MAY 5, NOON TO 6:00PM

Pick your favorite pony in the 144th running of the Kentucky Derby and you could win a share of the Derby Dash prize pool of
up to $15,000* Free Slot Play.

We’ll start the pool at $5,000 and add $10 every time someone enters!
Make your pick at a promotional kiosk between Noon and 6:00pm** on Derby Day.

Terms and Conditions
No purchase necessary. Must be present to make picks and win. Choosing a scratched horse voids entry. See Guest Services for details and complete rules. Prize pool split: 50% to 1st place horse, 30% to 2nd place horse and 20% to 3rd place horse. Free Slot Play expires at 11:59pm.

* Maximum prize pool $15,000 Free Slot Play. **No entries will be accepted after 6:00pm.

  • Times
  • Noon – 6:00pm

 

CONNECTICUT – Foxwoods Resort Casino

Foxwoods Resort Casino

Foxwoods Resort Casino

Pequot Grand Ballroom – 10AM

Hat Contest – Most Creative, Most Beautiful, Most Outragious

Meet Anthony “The Big A” Stabile Radio Personality at Horse Racing Network

Place $50 wager and receive one free food coupon for the Kentucky Derby Buffet with one free Mint Julep.

For information about reserved seating and more, click HERE.

CONNECTICUT – Mohegan Sun Resort Casino

MoSun Sign

Saturday, May 5th | Uncas Ballroom

10:00am – Doors open to the public

Receive a commemorative Mohegan Sun Derby 2018 T-shirt with $25 wager.*
Receive a pass to the Derby Festival buffet with a $50 wager

Open seating on a first-come, first-served basis.

Special Guest Handicappers
Mike “Mut” Mutnansky – Host of “Mut at Night” and Boston Red Sox host at WEEI
Bob Neumeier – Boston sports personality
Mike Vesce – Writer and workout analyst for DRF

Advance Wagering
Advance wagering is available in the Race Book on Friday, May 4th. Make a $50 advance wager on the Kentucky Derby and receive a souvenir cap. Race Book windows open at 11:00am on Friday, May 4th.

 

That’s all for now.   AANNNDDDDn  THEY’RRE OFF!

Binbin