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Gambling in the USA

PGA Tour welcomes regulated sports betting

Niji Ng

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Photo credits: https://sportshandle.com
Reading Time: 3 minutes

The PGA Tour declares its support for regulated and legalised sports betting, in the wake of Supreme Court ruling in Christie v. NCAA case that seeks to lift the federal ban on state-sponsored sports betting imposed by the Professional and Amateur Sports Protection Act of 1992.  At present, Four states are exempt from the law, and Nevada is the only one allowed to offer betting on single games. The Supreme Court is expected to provide ruling on the before its July recess.

The PGA Tour, while supporting the regulated environment, seeks an “integrity fee,” likely 1% of the handle from betting operators as well as input or control over the types of wagers offered to mitigate corruption. And it wants gambling operators to use only official data it produces.

In this context, the PGA Tour would welcome regulated and legalised sports betting on its competitions if the Supreme Court overturns the federal ban that prohibits such bets in most states.

“You have to keep in mind that betting is happening right now, with illegal black markets and offshore betting, and we don’t have any exposure to what is happening,” PGA Tour commissioner Jay Monahan told USA TODAY Sports in his first public comments on the issue. “If it’s legalized and regulated, you get to a point where you can better ensure the integrity of your competitions. You can provide adequate protection for consumers, which doesn’t exist today. There are commercial opportunities for us, which is one of the things we’re here to do, which is to create and maximize playing and financial opportunities for our players. And we believe we’d reach a much broader audience.”

“If the court decides the law is not constitutional, then it will obviously change the landscape of sports in the United States in a significant way,” said Andy Levinson, PGA Tour senior vice president of tournament administration.

The Tour has invested considerable time and money studying sports betting for several years, Monahan says, meeting with regulators, integrity experts, betting operators and others in the gambling industry. Monahan says the Tour has collaborated with the NBA and Major League Baseball to align lobbying efforts on the state and federal levels for legislation it supports.

For instance, the Tour seeks an “integrity fee,” likely 1% of the handle from betting operators. The Tour also wants input or control over the types of wagers offered to mitigate corruption. And it wants gambling operators to use only official data it produces.

“We’re making sure our voice is being heard,” Levinson said. “A lot of things remain to be determined. It’s not simply switching a switch. When the court rules it’s going to be big news for a while.”

Monahan says the Tour recently launched integrity programmes in coordination with sports data company Genius Sports, which monitors all of the Tour’s events in real time for suspicious betting activity. In part, the programme prohibits players, caddies, staff and others connected to the Tour from betting on professional golf through an operator or providing inside information to others for betting golf.

Genius Sports also provides integrity educational services, including an online module that is mandatory for all members. Plus, the Tour has installed a system for investigating and sanctioning parties for violations. Players have been kept apprised of the potential for legalized sports betting, and Levinson says “they are on board.”

Adding to the uncertainty in the looming Supreme Court decision is whether Congress would be involved and whether online sports betting would be allowed. Levinson spent time in the U.K. where legalised sports betting is prevalent. He learned that 95% of the handle is bet online. In the U.S., only Nevada has online betting within its borders.

Levinson says if sports betting is limited to brick and mortar casinos, illegal online gaming will continue on a massive scale. Legalised mobile betting would help states maximise tax revenues, promote integrity and protect consumers, he says.

All in all, fans are a long way off from being able to legally bet that Tiger Woods would win a tournament or that Jordan Spieth would best Rickie Fowler in a head-to-head wager. Regulatory bodies would have to be created on the state level, licensing fees determined, a sports betting system put in place — all contingent on the Supreme Court’s decision.

“The point some people will make is that we are now actively supporting legalized gambling. Well, yes, we are,” Monahan said. “Because we want to protect the integrity of our competitions, protect the consumer, and there are commercial opportunities. And we have a fan-first mentality. We want to grow and diversify our fan base. There are a lot of things we are doing to address that, and this could be another avenue that contributes to that.

“Like anything else we do, we are being very thoughtful. If we’re to go down this path, and it’s a big if, because at this point there is a lot of uncertainty, we’ll be prepared and we’ll protect our players and protect our constituents who are involved.”

Niji 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. Besides reporting industry headlines from all around the globe, Niji is also head of the content management team at Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

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Gambling in the USA

ATG partners with USA’s biggest TV network for horse racing

George Miller

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Photo Source: ATG/swedishhorseracing.com
Reading Time: 2 minutes

ATG has come to a partner agreement with TVG, the largest TV network for horse racing in USA.

 

Starting September 17, 45 million American households has will be given the possibility to bet on ATG‘s products.

“This is a unique possibility for ATG to reach out to horse racing bettors in USA and will also be a great way of showcasing the great sport we have here in Sweden” says Lars Nemeth, head of international sales at ATG.

TVG is a Los Angeles based company, founded in 1987. TVG has today two TV channels and broadcast up to 15 hours of horse racing daily to 45 million American cable and satellite households. Since 2009 TVG is a part of the Irish Paddy Power Betfair betting concern.

“TVG is a strong trademark on the American market and they broadcast around 50,000 races a year from around the world. The main intention with this cooperation agreement is of course to create revenue for both parts but like I said, I also see it as a unique possibility to showcase Swedish horse racing” says Lars Nemeth.

The TVG customers will be able to bet Win, Place, Show, Exacta, Trifecta and Daily Double right in to ATG’s Swedish pool.

“Swedish Trotting, Swedish Gallop and ATG will be able to deliver world class products, therefor it’s fantastic to be able to offer our viewers both broadcasts and betting from Sweden. Business wise and also editorial we’re emphasising on the best races Wednesday through Sunday. In our regular broadcasts we will have lots of live updates and latest news about the races and in cooperation with Kanal 75 show stories about both the sport of trotting and gallop in Sweden” says Stephen Kennelly, Vice President of Product and Exchange, TVG FanDuel Group US.

On the international betting market so called rakebacks, where bettors will receive discounts based on how much they bet, very common. However, in all of ATG’s partner agreements no rakebacks are allowed, also in this deal wth TVG.

“Both us and ATG are interested in creating a sustainable long term deal. TVG has basically the same broad spectrum of customers as ATG, we focus on incentivizing and gaining new and existing business by providing access to high quality content and service, not through high volume rebates to a limited audience.” says Stephen Kennelly.

Facts, TVG
• USA’s largest TV network for trot and gallop horse racing – reaches 45 million households.
• Owned by the betting concern Paddy Power Betfair, Irland.
• 320 employees, most of them at their TV head quarter in Los Angeles, California.
• Broadcasts around 50 000 races each year from around the world through their TV channels TVG (seven days a week) and TVG2 (five days). the channels are also available online (www.tvg.com) and through Apple TV, Chromecast, Amazon and Roku.
• Will be able to bet Win, Place, Show, Exacta, Trifecta and Daily Double starting September 17, 2018
• TV and marketing support in TVG1 and TVG2 from September 23.

Source: ATG

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Gambling in the USA

Vegas Golden Knights signs deal with William Hill

Niji Ng

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Vegas Golden Knights signs deal with William Hill
Photo Source: ingingitinmotown.com - Photo by Ethan Miller/Getty Images
Reading Time: 2 minutes

 

World’s leading betting company William Hill and the Las Vegas-based National Hockey League (NHL) franchisee Golden Knights have signed a multiyear partnership. The deal will include in-arena signage and updated league-wide odds displayed on the video board during intermissions at T-Mobile Arena in Las Vegas.

This partnership is the first of its kind in North America between a bookmaker and an NHL franchise.

Terms of the agreement were not disclosed.

“We are always looking for innovative ways to engage different segments of our fan base and provide a unique fan experience,” Golden Knights president Kerry Bubolz said in a release announcing the deal. “This partnership between a major professional team and a sports book operator is a historic, landmark agreement and we are delighted to be leading the way with William Hill in this space.”

The partnership between sports franchises and bookmakers could be the first of many as more states elect to offer legal sports betting. The NBA recently completed a deal with MGM Resorts, making the company the “official gaming partner of the NBA.”

“We could not be more excited to partner with the Golden Knights,” William Hill CEO Joe Asher said in the release. “William Hill is the leader in the U.S sports betting market and we are proud of the fact that this is the first sponsorship agreement between a sports book and an NHL team in the country.”

Asher said at a recent gaming conference that the U.S. branch of William Hill has been fielding frequent requests from sports franchises asking about partnerships.

The NHL, along with other major U.S. professional leagues, has been an ardent opponent of sports betting, with commissioner Gary Bettman often expressing concerns about how legalised betting would impact the atmosphere in the arenas.

 

Source: ESPN

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Gambling in the USA

Court cancels Pennsylvania’s ban on gambling donations

Niji Ng

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Court cancels Pennsylvania’s ban on gambling donations
Photo Credit: AP
Reading Time: 2 minutes

 

A federal judge has annulled legislation in Pennsylvania law that banned casino owners and persons who owns stakes in the gambling industry from contributing to political campaigns in the state. The court observed that the legislation is unconstitutional.

In her 31-page opinion, U.S. District Judge Sylvia Rambo said the provision violates constitutional protections over political association. However, Rambo did not close the door on lawmakers reviving a similar ban that is narrower in scope and tailored to the purpose of fighting corruption.

“The court holds only that the ban in its current form goes much further than necessary to achieve its stated purpose of eliminating corruption and the appearance of corruption,” Rambo wrote.

The U.S. Supreme Court, Rambo wrote, has ruled that preventing corruption, or the appearance of corruption, is the only sufficient reason to justify restrictions on political contributions.

So the Legislature, she wrote, could more strictly define who is subject to the ban by limiting its reach to those with close connections to a casino or imposing a limit on the amount of cash contributions. Right now, law acts as a wholesale ban on contributions of any amount, even $1, by people with “even an attenuated connection” to the gambling industry, far exceeding the necessary scope of such a prohibition, Rambo wrote.

The ban applied to people who own a stake in a casino, a slot-machine manufacturer or a casino vendor, as well as non-owner executives and important employees.

The prohibition has largely stood in Pennsylvania since the state legalised commercial casinos in 2004, touted as a major bulwark against gambling industry influence. A spokesman for the state attorney general’s office directed questions to the Pennsylvania Gaming Control Board. A spokesman at the board did not respond to a request for comment.

The lawsuit was filed last year by Pasquale Deon, who owns a 2.5 per cent stake in Sands Casino in Bethlehem, according to gaming board records, and Maggie Hardy Magerko, whose family owns the Nemacolin Woodlands Resort in southwestern Pennsylvania that is home to Lady Luck Casino.

With 12 casinos operating and a 13th under construction, Pennsylvania is the nation’s No. 2 state for commercial casino gross revenue, second to Nevada. At $1.4 billion in the most recent fiscal year, Pennsylvania rakes in more tax revenue from casino gambling than any other state, according to the American Gaming Association’s figures.

 

Source: AP

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