Bill Bradley says gambling on high school sports is upon us

May 17 10:32 2018

“Regardless of the particulars of any future sports betting law, the integrity of our game remains our highest priority”.

The vote came down 6-3 on the Court to throw out PAPSA and allow for the federal government or state legislatures to craft laws permitting sports betting. But unlike dozens of other states that anticipated Monday’s ruling, ME will be playing catch up if it wants to get involved in a multibillion-dollar sports gambling business. For starters, amounts that you win from gambling activities are included in your taxable income. However, it would take a herculean effort by Congress to pass such a bill before football season begins this fall.

And some states undoubtedly will steer clear of sports gambling altogether.

Last fiscal year, the state collected $255 million in gaming revenues – down from $344 million, which the state collected in 2008, Mississippi Today reported.

Professional football, basketball and baseball leagues have all expressed interest in making money off legalized betting, Sanders said. “There’s still a lot of work left to do”. “As a result, we now seek partnerships with proven gaming software and other established operators in the anticipation that individual state legislation will receive approval”, he added. It is as if federal officers were installed in state legislative chambers and were armed with the authority to stop legislators from voting on any offending proposals. But how can Sports Betting online be legalized w/out online poker being legalized (clearly more skill than sports betting)? New Jersey casinos and racetracks are busy putting plans in place to accept sports wagers.

The U.S. Supreme Court this week struck down a 1992 federal law known as the Professional and Amateur Sports Protection Act (PASPA). The Oneidas argue the compact under which they operate their three casinos allows them to offer any game that is legal in NY, without new state approvals. He said the possibilities of legal sports betting, are pretty much any game, anywhere, not just the major leagues. There, they can be laboratories of democracy, dependent upon the public sentiment of their voters and the freely exercised consciences of their state representatives.

Its hardly surprising therefore that since the decision was announced on Monday there has been an outpouring of opinions on the issue, including from politicians, sports leagues, and the gambling industry as a whole. For example, he said, would it occur at a physical sports book or could wagers be placed online?

He also said he didn’t think the state was behind others who have been more pro-active on the issue.

Separately on Monday, the Supreme Court also handed down decisions in two other important cases, dealing with personal rights. Most of the tribal compacts are up for renewal in 2022. “Everyone should be able to dip their foot in the pool”.

Morago said, if the Legislature does eventually approve it, it will then be on the tribes to implement it.

“We’ve talked about it as athletic directors and knew this was on the radar”, University of Virginia athletic director Carla Williams said.

“We have long felt that Mohegan Gaming & Entertainment was in a great position to offer this type of gaming at our properties”, spokeswoman Jennifer Harris Ballester wrote in a statement. Four other states passed pre-emptive legislation legalising sports betting in anticipation of this ruling, while a further 14 have already introduced bills to their legislature.

“For both sides, a deal would make a huge amount of sense strategically and on the face of it, an amalgamated business would represent a powerful combination in the USA sports betting market”, Davy analysts wrote in a note. But that technicality notwithstanding, Mark Cuban, the outspoken owner of the Dallas Mavericks NBA team has gone on record saying that this ruling will double the franchise value of all teams in the major United States sports leagues.

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Bill Bradley says gambling on high school sports is upon us
 
 
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