Monday, 16 July, 2018

One Kentucky lawmaker already working on sports gambling legislation

USA Today Sports Image USA Today Sports Image
Faye Gross | 15 May, 2018, 15:08

Kansas Senate President Susan Wagle (R-Wichita) predicted the state will take action during next year's legislative session.

The Supreme Court's ruling Monday that in essence will allow states to individually decide whether to legalize sports gambling or not is likely the biggest change for the sports world since the Supreme Court ruled against Curt Flood in 1972 in his attempt to overturn baseball's antitrust exemption.

The Supreme Court on Monday struck down the Professional and Amateur Sports Protection Act.

Kentucky may have not been prepared for the U.S. Supreme Court ruling Monday that struck down a prohibition on state sports gambling, but it didn't take long for a couple of legislators to react.

New Jersey is expected to be the first state to enact new legalized sports betting laws, with others to soon follow.

In some ways, the timing of the ruling could not have been better.

Arizona's tribes: Their two-dozen casinos pay out about $80 million to the state under the gaming compact.

Those compacts begin to expire after 2022.

So the Supreme Court said, "Enough is enough - you can't have a law limiting sports gambling to one state", that state being home to a sports bettor's paradise - Las Vegas. His original proposal to fund teacher raises included allowing the Arizona Lottery to start a keno game, a plan that was subsequently scrapped.

Nemes sees an opportunity: "I'd like for Kentucky to be in the forefront on this".

New Mexico Indian tribes with casinos could offer sports betting under their gaming agreements with the state.

That's also the position of Stephen Roe Lewis, chairman of the Gila River Indian Community. "We look forward, along with the other Players' Associations, to being a vital part of that discussion".

But not everyone thinks that if there is to be wagering on sports, the exclusive rights should go to the tribes.

Israelis and Iranians exchange fire
Merkava Mark IV tanks are deployed next to cows near the Syrian border in the Israel-annexed Golan Heights on May 10, 2018 . Iranian targets have repeatedly been hit inside Syria in recent weeks in attacks thought to have been conducted by Israel.


"I'd call it a royalty fee, not an integrity fee", Pretlow said.

In the blog post, Sood explained how Unikrn has been preparing for this moment, building out its betting platform in regulated countries.

New Jersey's law, championed by Republican former Governor Chris Christie, was challenged in court by the National Football League, Major League Baseball, the National Basketball Association, the National Hockey League and the National Collegiate Athletic Association, the major governing body for intercollegiate sports. That law walked a fine line, stating that simulated games in which prizes are known in advance and in which participants use statistical knowledge to draft and play real athletes was not illegal sports betting.

Another dissenter, Justice Sonia Sotomayor, had suggested during oral arguments in December that repealing the law could open the door to legalizing marijuana.

But Maricopa County Attorney Bill Montgomery is taking a more cautious approach to what lawmakers should do now. He says the upcoming legislation will have that focus, too.

Why is Monday's ruling such a big deal for the startup? "Calculating costs requires careful review in order to fully weigh policy options".

Lawmakers already have held hearings about how they might legalize sports betting, but it's unclear whether they can approve legislation by the end of May, when the General Assembly is scheduled to adjourn.

On top of that, NCAA brackets, fantasy sports leagues, card games, parlay cards and sundry weekend wagers are accepted and acceptable in workplaces.

But Brnovich said that ignores the fact that billions of dollars already are being wagered, albeit illegally.

"Obviously it's going to be something that many people in New Mexico want to do, it's something that they do already", McCamley said.

The ruling "opens up the floodgates" for sports gambling in any state that wants to have it, said Daniel Wallach, a sports law expert in Florida.

Kornegay says tourists don't just come to Las Vegas to wager at the sports book. "Considering the widespread availability of illegal forms of betting, if tax rates are not calibrated correctly, we believe the regulated market's total handle-and win-will suffer as a result", S&P Global Ratings analysts said in a report earlier this month.

Gambling on sports could quickly become widely available, with one research firm estimating that 32 states would likely offer sports betting within five years.

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