PASPA struck down! States win rights on sports betting.

[Powerful Patricks Ghost]

WE HAVE THREE CASINOS IN DOWNTOWN DETROIT.  I GO ONES A YEAR.  NO MORE. NOW I WILL GO 5-7 DAYS A WEEK,    TAKE OUT AT THE TRACKS 18%-25%   SPORTS 5% U TELL ME WHAT THE BETTER BET IS. 

Leagues already asking for a 1% "integrity" fee. Not even kidding 

[Admin]

Leagues already asking for a 1% "integrity" fee. Not even kidding 

Mark Cuban went before the media and opined that his franchise eval doubled after the announcement on the repeal of PAPSA. Jerry Jones feels the same way. Any Adam Silver pipedream of a 1% Integrity fee is just that - a shakedown mixed with folly.  If this ramp up of legalized wagering on sports is done correctly, the sports leagues stand to see more interests than ever. Some business experts believe daily interest in MLB games will really take off in the face of a 162 game grind to the postseason. Another potential boon.

[Yonkers1]

Mark Cuban went before the media and opined that his franchise eval doubled after the announcement on the repeal of PAPSA. Jerry Jones feels the same way. Any Adam Silver pipedream of a 1% Integrity fee is just that - a shakedown mixed with folly.  If this ramp up of legalized wagering on sports is done correctly, the sports leagues stand to see more interests than ever. Some business experts believe daily interest in MLB games will really take off in the face of a 162 game grind to the postseason. Another potential boon.

These billionaire team owners are too greedy, fuck them and their 1%

[SPREE2015]

IT IS OFFICIAL SPORTS WAGERING IN HERE
CAN SPORTS WAGERING SAVE HORSE RACING ?
Racinos have helped
Can Places like Illinois Michigan and California tracks be saved

[swoodall]

IT IS OFFICIAL SPORTS WAGERING IN HERE
CAN SPORTS WAGERING SAVE HORSE RACING ?
Racinos have helped
Can Places like Illinois Michigan and California tracks be saved

 

u-u-m-m-m-m....

NO!

 

[slivercharm]

IT IS OFFICIAL SPORTS WAGERING IN HERE
CAN SPORTS WAGERING SAVE HORSE RACING ?
Racinos have helped
Can Places like Illinois Michigan and California tracks be saved

It hasn't helped

[Equus Caballus]

IT IS OFFICIAL SPORTS WAGERING IN HERE
CAN SPORTS WAGERING SAVE HORSE RACING ?
Racinos have helped
Can Places like Illinois Michigan and California tracks be saved

It depends on how it’s implemented

Hopefully it’s not online just physical locations for wagering

[Powerful Patricks Ghost]

It depends on how it’s implemented

Hopefully it’s not online just physical locations for wagering

It's going to be both. Draftkings has already signaled they're interested in offering sports wagering. It'll depend what the federal framework looks like then what each individual states decide beyond that framework.

[John Esposito]

Meadowlands chairman Jeff Gural will talk about what lies ahead for Garden State bettors Friday night (May 18) as the Big M prepares to take action on professional and college sports in the coming weeks.

On Monday, the U.S. Supreme Court sided with New Jersey and ruled that sports betting is now legal across the country.

Gural will be interviewed by the Meadowlands’ television department’s primary host Dave Brower before the Friday night program gets underway and explain how sports betting will work and when players will be able to place their first wagers.

The interview will take place Friday evening at 6:45 p.m. and can be seen by anyone watching the live “Racing from the Meadowlands” pre-game show.

[bug boy]

 T BRED PEOPLE ARE ALWAYS A COUPLE OF STEPS AHEAD OF THEIR BUGGY BOY RED HEADED STEP CHILDREN

OCEANPORT – It could be an historic Memorial Day at the Jersey Shore.

The tentative date set for Monmouth Park to open the William Hill Sports Book and begin accepting the first wagers on individual sporting events outside Nevada is Monday, May 28, track officials said.

The announcement Tuesday came a day after the Supreme Court of the United States ruled favorably in New Jersey's bid to legalize sports betting in the state.
Drazin has said there is nothing stopping Monmouth Park from opening its sports book before the legislation is complete, nor has he been told by Gov. Phil Murphy or Senate president Steve Sweeney that they would stop the track

Monmouth Park and William Hill have spent around $2.5 million on the William Hill Sports Bar over the past four years, which will quickly be converted into the sports book. William Hill, which gets half the proceeds of sports betting at Monmouth Park, is contractually obligated to spend $5 million to build out the sports betting infrastructure in the coming years.

Fans will be able to bet on anything they would be able to wager on in Las Vegas, including the NBA Finals, set to begin on May 31. 

[captain cash]

.....get a sports betting parlor or anything. Or just a cut from it ? Does anything change?

[seriously]

Hopefully, simply because there are people that wager on the product and would do so more if it improved.

[horses first]

If Vegas profited 265mln on 4BLN handled or wagered on sports betting. Someone please tell me how this is going to be a windfall for horse racing? It will help track owners and does anyone know if Jersey, especially Monmouth Park has a split with the thoroughbred group yet? Don't get me wrong it will help the overnights but this is nowhere close to bringing back a breeding program or sires stake program for young horses. Sports betting will just drive more money wagered at tracks away. That will be a given.

[The Exporter]

There are so many dynamic and yet to be identified moving parts to this, it is way to early to tell anything about the actual benefits and who will be the benefactors.

[Ohracing]

I make my living racing horses but I do not see why any state or operator of a gaming establishment would want to or should share the proceeds with the horse industry.  If they do great.  The NBA commissioner that thinks he wants to work with states so they can get a cut must be the most asinine thing I ever heard.  Billionaires think they should profit off of this.  How about we try and help the less fortunate and maybe use some of this to help kids pay for college that cant afford it so they can get a job that pays well.