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> Sports betting now legal in the rest of the US
Southsider2k12
post May 14 2018, 12:15 PM
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I am going to guess that this puts Indiana on the road to legalized sports gambling in the next 3 to 5 years.

https://www.cnn.com/2018/05/14/politics/spo...ourt/index.html

QUOTE
The Supreme Court cleared the way on Monday for states to legalize sports betting, striking down a 1992 federal law that had prohibited most states from authorizing sports betting.
The 6-3 ruling is a victory for New Jersey and other states who have considered allowing sports gambling as a way to encourage tourism and tax revenue. The NCAA, NFL and NBA had backed the federal prohibition.
The court said the federal law violated constitutional principles limiting the federal government from controlling state policy, unconstitutionally forcing states to prohibit sports betting under their own laws.
"The legalization of sports gambling requires an important policy choice, but the choice is not ours to make," Justice Samuel Alito wrote in the 6-3 opinion. "Congress can regulate sports gambling directly, but if it elects not to do so, each state is free to act on its own."
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Southsider2k12
post May 14 2018, 12:15 PM
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https://www.cbsnews.com/news/sports-betting...-32-u-s-states/

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Assuming the high court rules in New Jersey's favor, Grove's firm predicted 14 states would offer sports betting within two years: Colorado; Connecticut; Delaware; Indiana; Massachusetts; Michigan; Mississippi; Montana; New Jersey; Ohio; Nevada; Pennsylvania; Virginia; and West Virginia.

Within five years, it predicted 18 more would join: Arizona; California; Idaho; Illinois; Iowa; Kansas; Kentucky; Louisiana; Maine; Maryland; Missouri; New York; North Carolina; North Dakota; Oklahoma; Vermont; Washington and Wyoming.
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Southsider2k12
post May 14 2018, 12:16 PM
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And from Boyd Gaming, the ownership group of our own Blue Chip Casino.

https://www.investors.com/news/supreme-cour...etting-casinos/

QUOTE
The big casino companies are keeping their cards close to their chest on the issue, with many declining to comment. However there is one firm that seems eager to take advantage if the chips fall the right way.

"Boyd Gaming views expanded sports betting as an intriguing growth opportunity. We have more than 40 years of experience in sports betting, we operate one of the largest sports book networks in the state of Nevada, and we currently have operations in seven different states (expanding to 10 by the end of the year)," a spokesman said. "Should the Supreme Court repeal PAPSA, Boyd Gaming is in an excellent position to become a leading player in the growth and expansion of sports betting in the U.S."
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diggler
post May 14 2018, 01:24 PM
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So does that mean fantasy football will be LEGAL again ??
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Southsider2k12
post May 16 2018, 03:48 PM
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http://www.chicagotribune.com/suburbs/post...0515-story.html

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Writing for the court, Justice Samuel Alito said while the legalization of sports gambling requires an important policy choice, it's not a choice for the Supreme Court to make. The decision paved the way for states to make their own decisions and rules on the gaming option.

Kevin Smith, president and CEO and Boyd Gaming, parent company of Blue Chip Casino in Michigan City, said he views the court's decision as a growth opportunity, adding he hopes to offer sports betting in 10 different states by the end of the year.

"Whether we ultimately offer sports betting in specific states will depend on the rules and tax rates set forth by each state," Smith said.

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diggler
post May 17 2018, 05:36 AM
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Casinos ready to bring sports betting to Indiana

Andrew Steele


Monday's U.S. Supreme Court ruling freeing states to permit gambling on professional and amateur sports pleased casino operators and prompted state legislators to establish a study committee to explore the issue this summer.

Casino Association of Indiana President and CEO Matt Bell said its members, including Horseshoe, Ameristar and Majestic Star in Northwest Indiana, applauded the ruling in Murphy v. National Collegiate Athletic Association.

“The decision creates an opportunity for Indiana to create a regulated and transparent market that allows Hoosiers to legally participate in sports wagering," Bell said. He said the association will work with legislators to create that framework, noting two bills that would have allowed sports betting were filed in this year's legislative session.

"We are very hopeful that policy makers will renew that debate when the legislature convenes in January," Bell said.

House Speaker Brian Bosma said Tuesday that the study committee will lay the necessary groundwork for consideration next year.

"We need to understand the impact on our state, including the existing gaming industry, and be prepared for discussion next session," Bosma said.

He added that the Indianapolis-based NCAA, which has been a staunch opponent of legal sports betting, will likely play an "impactful role" during the discussion.

The collegiate athletic association issued a cautious statement after the court ruling was announced.

"While we are still reviewing the decision to understand the overall implications to college sports, we will adjust sports wagering and championship policies to align with the direction from the court," NCAA chief legal officer Donald Remy said in the Monday statement.

Caesars Entertainment Corp., owner of Horseshoe Casino in Hammond, has a sports wagering business in Nevada, and said it would expand it "wherever secure and responsible wagering on sporting events is legalized."

The company's president and CEO, Mark Frissora, said the Supreme Court's ruling overturning the Professional and Amateur Sports Protection Act "creates a golden opportunity to end illegal sports wagering."

"We plan to announce our specific approach to this business as we better understand the opportunities and regulations which evolve from (Monday's) Supreme Court decision," he said.

Keith Smith, CEO of Boyd Gaming, owner of Blue Chip in Michigan City, told CNBC in an April 27 interview that his company's experience operating a sports book in Nevada will help it move quickly into the business elsewhere.

"We have great experience and are fully prepared to take advantage of it as it roles out across the U.S.," he said.
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Southsider2k12
post May 22 2018, 03:40 PM
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SOunds like the middle of 2019 should see sports betting in Indiana.

https://www.southbendtribune.com/news/busin...d288f4d942.html
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