Gambling in the USA

A quick peak into the changing future of US sports gambling

Published

1 year ago

June 18, 2018

Reading Time: 2 minutes

It was in 1992 that the US Congress passed the Bradley Act. It was introduced by the New Jersey Senator Bill Bradley, an NBA player in his youth. Officially, the Bradley Act is formally known as the Professional and Amateur Sports Protection Act, or PASPA. The legislation practically banned sports gambling in almost every US state. It was this law that the US Supreme Court has struck down recently.

The Exception to PASPA and How Nevada Benefited

PASPA was not applicable in the state of Nevada. Consequently, Nevada had a monopoly on the gambling in the USA. In almost three decades since the law went into effect, Nevada saw an increase in legal betting on sports of 172 per cent. That meant an increase of $1.8 billion per year to $4.9 billion, as reported by the UNLV Center for Gaming Research.

The Supreme Court Lays down the Law

To many, PASPA seemed an artifact of the pre-Internet era. Fantasy sports somewhat normalised the idea of gambling on games for millions of Americans. Betting on horses used to seem like a quirky vice to a small sector of the population. Fantasy leagues, for example, have now become the norm in sports such as baseball and betting among friends has turned into a common practice for masses of people.

On May 14, 2018, the Supreme Court struck down PASPA in a 6-3 decision. The Justices found PASPA to be an unconstitutional violation of states’ rights. The Supreme Court’s ruling now opens doors for states to legalise sports gambling. Moreover, many states appear eager to do so.

What the Future of Sports Betting Could Mean

So, what are some of the deliberations in terms of the pros and cons of legalised gambling? For one, as mentioned before, billions of dollars go into sports betting every year, not only in Nevada but off-shore foreign sites. When done via external websites, that’s money that’s under the table and untaxed by the United States. Places like Atlantic City, New Jersey are in dire financial situations and have double the unemployment rates than most of the country. As Dennis Drazin, who represents the Monmouth Park Race Track in New Jersey points out, criminals cashing in on illegal better are making out on the financial aspect. He claims we should figure out a legal way of going about it whereas Drazin says, “…it can be regulated; it can be taxed” in addition to providing revenues for local businesses.”

The opposition to sports gambling, however, was meant to protect the integrity of the game. It was set in place to prevent match or game fixing, with bribing for example. Will fans have to worry about padded, secret handshakes affecting the outcome of games? Or will states benefit from the masses of tax revenue once each state individually passes legal betting?

Source: UWM Post

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Gambling in the USA

Delaware igaming Revenue Increases in September

Published

19 hours ago

October 17, 2019

Niji Narayan

Delaware igaming Revenue Increases in September

Reading Time: 1 minute

Delaware’s online gaming revenue has climbed to a year-high of $384,830 in September. This came despite player spending on igaming slipped month-on-month from $12.5m in August to $11.8m last month.

The September total smashed 2019’s previous monthly high of $313,648 in May and was only the second time that revenue had surpassed the $300,000 mark so far this year.

Table games were the most popular form of online gambling, with consumers spending $7.9m and operators taking $171,156 in revenue.

Gambling in the USA

ICS heads to Vegas to showcase US services

Published

20 hours ago

October 17, 2019

George Miller

ICS heads to Vegas to showcase US services

Reading Time: 2 minutes

Sports content and digital media specialists to talk to delegates about range of products and services

ICS Media Group (ICS), the sports content and digital media specialists, will be heading to Las Vegas next week to showcase and discuss the full range of services they can supply to the US market.

ICS’s Business Development Director Dean Rayson will be attending the event, which runs this week, to showcase the company’s range of content, marketing and translation services.

This includes ICS-digital campaigns targeted for a US iGaming audience as well as in-depth journalistic and analytical content around all US sports including American horseracing. Ideal for in-play bettors, the engaging content guides punters into making informed betting choices.

ICS creates written, audio and video content in 71 languages as well as providing translation and localisation services in Slots and Virtual in addition to Sportsbook and Casino.

Racing Post’s – ICS parent company – services will also be on offer throughout the conference. The recently launched global horseracing content, data and live betting content product, Intellr In-play, will take centre stage over the three days.

Dean Rayson, Business Development Director at ICS Media Group, said: “This will be the first time ICS has headed to the bright lights of Vegas and we are looking forward to being on the Strip. Having attended a number of other iGaming events in the United States, we already have a foothold in the country and are excited looking forward to showcasing our services to even more potential clients in Nevada.

“Clearly, the repeal of PASPA last year has made the US a very exciting territory and as more states legalise, there will be more opportunities too. With nearly two decades of experience in betting content, we are well-placed to support sportsbooks, casinos, esports organisations, affiliates and DFS businesses enhance their products for their punters.

“Adding content to a site increases dwell time, with live audio seeing the average customer stay up to 25 minutes more on a sports betting site, boosting conversions. Furthermore, content can be integral to the education process and can be used to encourage casual customers who are intimidated by betting to place their first sports wagers.

“Supplying editorial, audio and video services to clients across many territories globally, we’re excited to expand our contacts further.”

Gambling in the USA

Taco Bell partners with MGM

Published

21 hours ago

October 17, 2019

George Miller

Reading Time: 2 minutes

The Taco Bell and BetMGM partnership means fans can now bet on who will steal that first base, becoming this year’s Taco Hero and securing free tacos for America

For the seventh year in a row, Taco Bell is giving fans across the country another reason to get excited for the World Series: free tacos. But this year, Taco Bell is raising the stakes again. By teaming up with BetMGM, operated by Roar Digital, BetMGM will offer sports and taco fans alike the chance to wager real money on what player they think will steal the first base of the World Series – an honor Taco Bell has dubbed, ‘Taco Hero.’*

“When it comes to the World Series, rooting for that first stolen base and rejoicing for free tacos has really become the game within the game. So, teaming up with BetMGM to give fans a whole new way to participate in ‘Steal A Base, Steal A Taco’ felt like a natural extension for us,” said Will Bortz, Director of Brand Partnerships and Sponsorships at Taco Bell. “We can’t wait to see fans engage with the program like never before and, of course, we’re excited to see if their predictions come true.”

Fans looking to test their luck this October can participate at MGM Resorts in Nevada, Mississippi and New Jersey, or download the BetMGM digital app in New Jersey (playMGM in Nevada). BetMGM will post prop bets on October 14, before the end of the League Championship Series presented by GEICO, offering a list of active players from the four remaining playoff teams. BetMGM oddsmakers will use historical data and their odds-making process to post real odds, which will be updated as the Postseason progresses. But win or lose, everyone’s a winner when free tacos are being offered.

“The 2019 World Series is certain to feature some of baseball’s biggest stars and most recognized teams, along with millions of hungry baseball fans,” said Matt Prevost, Chief Marketing Officer, Roar Digital. “Taco Bell’s ‘Steal a Base, Steal a Taco’ promotion is one of the most talked about and engaging initiatives in all of sports, and we are thrilled to be taking part in this fun and interactive experience via our BetMGM app as well as at participating MGM Resorts.”

The 2019 World Series presented by YouTube TV starts Tuesday, October 22, 2019. Once the first base is stolen in the World Series, Taco Bell will announce the redemption day for America to cash in on a free Nacho Cheese Doritos® Locos Tacos at all participating U.S. Taco Bell locations, while supplies last.

Fans that are registered users on Taco Bell’s website or app can redeem their free Nacho Cheese Doritos® Locos Tacos online or via mobile (all day, redemption date to be confirmed). Offer excludes delivery. Offer excludes Nacho Cheese Doritos® Locos Tacos Supreme®. Limit one (1) free Nacho Cheese Doritos® Locos Tacos per person or registered account in the fifty (50) U.S. States and the District of Columbia. Check out www.TacoBell.com/StealATaco for full terms and conditions.

*Valid only in Nevada, Mississippi and New Jersey at MGM Sportsbooks and via the BetMGM App in New Jersey and the PlayMGM App in Nevada. Must be 21 or older. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER.

Source: Taco Bell Corp.