Las Vegas Not Concerned with Sports Betting Reform

You can’t miss the world’s largest sports-betting parlor, just past the bronze Elvis statue at the Westgate Las Vegas Resort and Casino. It’s a glitzy temple to the big business of laying odds on college and pro games, with 400 cushy leather seats and a massive wall of video screens. Westgate spent $18 million building it two years ago. And now that the U.S. Supreme Court has put an end to Nevada’s near-monopoly on sports wagering? To hear Westgate executives tell it, no problem. “We look at it as an opportunity,” said Jay Kornegay, vice president of race and sports…

States Move to Get Ahead of Sports Betting Reform

Sports betting is increasingly getting the attention of state lawmakers. The uptick in legislative activity for traditional sports betting — think point spreads, totals, money lines and prop bets — follows dozens of states that have considered laws specifically permitting daily fantasy sports. New state laws about sports betting had been largely dormant since the federal Professional and Amateur Sports Protection Act of 1992 (PASPA) was enacted. For two decades, PASPA dissuaded states from legalizing sports betting. But that changed in 2012 when New Jersey Gov. Chris Christie signed legislation to permit Nevada-style sports gambling. The NCAA, NBA, NHL, MLB…

NBA

NBA Optimistic on US Sports Betting Changes

The idea of legalizing sports betting has been floated for years with no imminent change in sight, but NBA commissioner Adam Silver remains optimistic of a change that would make betting legal in the not-so-distant future. According to John Ourand of the Sports Business Journal, Silver says he senses that it could happen “in the next few years” in the United States. “People want to bet throughout the game,” Silver added. “It results in enormous additional engagement with the fans.” Although this may sound like groundbreaking news in terms of a push to legalize sports betting, Silver has long been…

California Wants Sports Betting Reform

California has become the latest state to join a call for wider legalisation of sports betting in the US. Assembly member Adam C. Gray, chair of California’s Assembly Governmental Organisation Committee, yesterday (Thursday) put forward a constitutional amendment to authorise sports wagering in the state, contingent upon a change in federal law. In a statement, Gray said the ACA 18 amendment is in response to confirmation that the US Supreme Court will hear an appeal by the state of New Jersey in its own efforts to legalise sports betting. At present, sports wagering is only legal in four states, including…

US Sports Betting Reform May Not Mean Online Sports Betting

The New Jersey case for US sports betting reform is heading to the US Supreme Court, and the imaginations of many are running wild. Namely, the prospect of the state winning its appeal to allow sports betting also offers the possibility that a number of other states could quickly move to legalize sports wagering. (Some already are well on their way, including Mississippi and Connecticut.) And while that may be the case, online and mobile sports betting is not likely to proliferate nearly as quickly as land-based wagering. Here’s where we’re at in the United States in terms of online…

Could Media Help Reform Sports Betting Laws?

OnlineCasino.org – Gambling remains a contentious issue in certain parts of the world.  Casinos, poker rooms, lotteries, and slot entertainment facilities are popular across Canada, the US, and other liberal gambling markets.  But sportsbetting is another issue altogether, with many markets still reluctant to discuss legalization of the pastime. Sportsbetting is limited in the US to four primary markets, with Nevada sportsbooks by far the most popular destination to bet on professional matches.  In Canada, players can bet on three sports events at a time, but are legally prohibited from betting on single game matches under current sportsbetting laws. But…