It will be interesting to see going forward how this impacts visitors counts in Las Vegas for Super Bowl and March Madness. The biggest impact would come if California legalizes sports wagering or the tribal casinos attempt to put it in their casinos. The next biggest impact will come from New York State. For the Super Bowl books in New Jersey and others will have to offer a large amount of props like the Westgate. March Madness attracts a different crowd. You get guys in their twenties who liked to get to get drunk and make small bets on their teams in the books. They go for the atmosphere. Why spend money on high spring airfares and overpriced rooms if you can stay local and bet. People don't go to Las Vegas to watch the Super Bowl on a big screen TV as they banned those years ago. The TV at your home is larger than what they can use at those casino Super Bowl parties. It's all about wagering. Las Vegas can counter and say in addition they have the nightclubs. They win there. The biggest and most high end nightclubs are in Las Vegas. Overall the reduction in visitors won't amount to that much. This was Las Vegas fear for many years but the town has changed. Gambling is way down at the bottom of revenue producing parts in Las Vegas. It's all about rooms, dining, entertainment and the nightclubs.
Vegas has said for some time now they are onboard with legalization nationwide & stated they dont believe it will hurt them in tourism & business.
It is expected that Monmouth Park Racetrack, located in Oceanport, will be one of the first New Jersey gambling venues to offer sports betting, perhaps as soon as two weeks from now, according to Monmouth Park executive Dennis Drazin. Several years ago, Monmouth Park inked a deal with sports betting conglomerate William Hill US to operate a sports book at the historic New Jersey track. With Monmouth Park’s racing season already underway, there is a good chance that it will be taking sports bets during the current racing meet.
But New Jersey is not the only state that will benefit from today’s landmark Supreme Court decision. Three other states — Mississippi, Pennsylvania and West Virginia — recently passed laws that would allow sports betting contingent on the Supreme Court invalidating PASPA. With that outcome now having been achieved, those three states could be in a position to implement their sports gambling laws within the next 60 to 90 days.
https://www.google.com/amp/s/nypost.com/2018/05/14/sports-gambling-ban-lifted-what-happens-next/amp/
But New Jersey is not the only state that will benefit from today’s landmark Supreme Court decision. Three other states — Mississippi, Pennsylvania and West Virginia — recently passed laws that would allow sports betting contingent on the Supreme Court invalidating PASPA. With that outcome now having been achieved, those three states could be in a position to implement their sports gambling laws within the next 60 to 90 days.
https://www.google.com/amp/s/nypost.com/2018/05/14/sports-gambling-ban-lifted-what-happens-next/amp/
I think it will hurt their sports betting once California legalizes it.....it shouldn't hurt the tourism much.
Racetracks, racinos, etc all need help to drive in traffic & bump up the purses on races.
I walked into an OTB in Pa on Friday night & it had about 10-12 people in the whole place with only 1 teller working, lol, that's nuts. When I first started going to the OTB's back in 1994, place would be packed seating about 150-200 & others standing to gamble on a Friday night......they need a lot of help. In Pa, they stated they will try to expand the OTB's to accommodate sports betting. Seeing is believing, as long as I can place a wager thru an app from my phone or go to Hollywood casino or any other casino in Pa, I'm good.
Monmouth Park had betting machines shipped there weeks ago from Nevada. Can now turn them on. Have spent last couple months getting sports bar ready to become sports book.
American Gaming Association President and CEO Geoff Freeman issued the following statement about the Supreme Court's ruling:
“Today’s decision is a victory for the millions of Americans who seek to bet on sports in a safe and regulated manner. According to a Washington Post survey, a solid 55 percent of Americans believe it’s time to end the federal ban on sports betting. Today’s ruling makes it possible for states and sovereign tribal nations to give Americans what they want: an open, transparent, and responsible market for sports betting. Through smart, efficient regulation this new market will protect consumers, preserve the integrity of the games we love, empower law enforcement to fight illegal gambling, and generate new revenue for states, sporting bodies, broadcasters and many others. 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.”
“Today’s decision is a victory for the millions of Americans who seek to bet on sports in a safe and regulated manner. According to a Washington Post survey, a solid 55 percent of Americans believe it’s time to end the federal ban on sports betting. Today’s ruling makes it possible for states and sovereign tribal nations to give Americans what they want: an open, transparent, and responsible market for sports betting. Through smart, efficient regulation this new market will protect consumers, preserve the integrity of the games we love, empower law enforcement to fight illegal gambling, and generate new revenue for states, sporting bodies, broadcasters and many others. 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.”
Well, that is a separate law than what was struck down today, so it is still illegal. It is really hard to imagine Congress repealing that law since there is a very small constituency for it. Conversely, I would imagine the big players will want to keep offshore out of this since they are going to be making big money.
All speculation, it is really hard to say.
GOP Sen. Orrin Hatch (Utah) said on Monday that he will introduce new sports gambling legislation after the Supreme Court struck down a federal law that banned the betting in almost every state.
"At stake here is the very integrity of sports. That's why I plan to introduce legislation in the coming weeks to help protect honesty and principle in the athletic arena," Hatch said in a statement.
The Supreme Court ruled earlier Monday that provisions in the Professional and Amateur Sports Protection Act (PASPA) of 1992 that prohibit states from authorizing and licensing a sports gambling scheme violate the anti-commandeering rule.
The decision opens the door to legalized sports gambling nationwide.
Hatch, who is retiring after this Congress, was one of the four original authors of PASPA.
He added on Monday that "problems posed by sports betting are much the same as they were 25 years ago," when PASPA was originally passed.
"But the rapid rise of the Internet means that sports betting across state lines is now just a click away. We cannot allow this practice to proliferate amid uneven enforcement and a patchwork race to the regulatory bottom," Hatch said.
The Utah Republican didn't detail how his forthcoming legislation would try to regulate sports gambling.
But his office noted the bill would "establish fundamental standards" including trying to protect consumers and states that decide not to legalize sports betting, and upholding "the integrity" of sports.
"I invite stakeholders and my colleagues on both sides of the aisle to join me in addressing this important issue," Hatch said.
In the high court's majority opinion, Justice Samuel Alito left the door open to further legislation on the issue.
"Congress can regulate sports gambling directly, but if it elects not to do so, each State is free to act on its own. Our job is to interpret the law Congress has enacted and decide whether it is consistent with the Constitution. PASPA is not," he said.
"PASPA 'regulates state governments' regulation' of their citizens. The Constitution gives Congress no such power."
Sixteen state legislatures have already begun considering measures to legalize sports betting.
https://www.google.com/amp/thehill....e-sports-betting-bill-after-supreme-court?amp
"At stake here is the very integrity of sports. That's why I plan to introduce legislation in the coming weeks to help protect honesty and principle in the athletic arena," Hatch said in a statement.
The Supreme Court ruled earlier Monday that provisions in the Professional and Amateur Sports Protection Act (PASPA) of 1992 that prohibit states from authorizing and licensing a sports gambling scheme violate the anti-commandeering rule.
The decision opens the door to legalized sports gambling nationwide.
Hatch, who is retiring after this Congress, was one of the four original authors of PASPA.
He added on Monday that "problems posed by sports betting are much the same as they were 25 years ago," when PASPA was originally passed.
"But the rapid rise of the Internet means that sports betting across state lines is now just a click away. We cannot allow this practice to proliferate amid uneven enforcement and a patchwork race to the regulatory bottom," Hatch said.
The Utah Republican didn't detail how his forthcoming legislation would try to regulate sports gambling.
But his office noted the bill would "establish fundamental standards" including trying to protect consumers and states that decide not to legalize sports betting, and upholding "the integrity" of sports.
"I invite stakeholders and my colleagues on both sides of the aisle to join me in addressing this important issue," Hatch said.
In the high court's majority opinion, Justice Samuel Alito left the door open to further legislation on the issue.
"Congress can regulate sports gambling directly, but if it elects not to do so, each State is free to act on its own. Our job is to interpret the law Congress has enacted and decide whether it is consistent with the Constitution. PASPA is not," he said.
"PASPA 'regulates state governments' regulation' of their citizens. The Constitution gives Congress no such power."
Sixteen state legislatures have already begun considering measures to legalize sports betting.
https://www.google.com/amp/thehill....e-sports-betting-bill-after-supreme-court?amp
Sen. Hatch is one of the original 4 that put PASPA into place in 1992......he needs to go away, glad to see him retiring. I hope his new legislation how's no where......his unconstitutional PASPA lost today, he should take his ball & go home.
The 10th Amendment provides that, if the Constitution does not either give a power to the federal government or take that power away from the states, that power is reserved for the states or the people themselves. The Supreme Court has long interpreted this provision to bar the federal government from “commandeering” the states to enforce federal laws or policies. Today the justices ruled that a federal law that bars states from legalizing sports betting violates the anti-commandeering doctrine. Their decision not only opens the door for states around the country to allow sports betting, but it also could give significantly more power to states generally, on issues ranging from the decriminalization of marijuana to sanctuary cities.
http://www.scotusblog.com/2018/05/opinion-analysis-justices-strike-down-federal-sports-gambling-law/
http://www.scotusblog.com/2018/05/opinion-analysis-justices-strike-down-federal-sports-gambling-law/
