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Gambling in the USA

PGA Tour welcomes regulated sports betting

Niji Narayan

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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 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

New Report Finds California Cardroom Industry Generates Over 32,000 Jobs and Nearly $5.6 Billion in Annual Impact on State’s Economy

George Miller

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New Report Finds California Cardroom Industry Generates Over 32,000 Jobs and Nearly $5.6 Billion in Annual Impact on State's Economy
Reading Time: 2 minutes

 

Cardroom industry supports $1.64 billion in total wages and $500 million in state and local taxes that play a vital role in underserved communities throughout California

A new economic impact analysis report released today found the total annual economic impact of California’s cardroom industry to be $5.6 billion dollars, providing over 32,000 in total local jobs. Commissioned by the California Gaming Association, John Dunham & Associates conducted an in-depth review of the direct, indirect and induced economic impact cardrooms have on California communities. The analysis reviewed jobs, wages, linked industries, state and local tax dollars, and total economic output.

In total, the California cardroom industry directly and indirectly creates about 32,425 living wage jobs with wages and benefits estimated at $1.64 billion. Tax revenue generated by California cardrooms totals roughly $500 million, with $398.8 in state taxes and $100.9 million in local jurisdiction gaming taxes.

“The data is clear – the cardroom industry is a vital part of local economies, creating irreplaceable jobs, needed state and local taxes to support local services, and, all totaled, a significant economic impact on California’s economy,” said John Dunham, President of John Dunham and Associates.

The jobs, wages, and tax dollars provided by cardrooms serve as a vital economic stimulant in communities across California. The local cardrooms support communities, and in some cases, entire cities where over 50% of the local general fund budget is derived from city gaming taxes.

“The economic impact report illustrates what we know and experience every day – local cardrooms are essential to California communities across the state,” said Kyle Kirkland, President of the California Gaming Association. “California cardrooms provide tens of thousands of steady, living wage jobs, providing an opportunity for working Californians to support themselves and their families.  Furthermore, cardrooms across California spark additional economic activity, revenue and jobs by their presence and provide valuable tax revenue to host communities.  In fact, some cardrooms generate over 50% of a city’s general fund revenue, providing the majority of funds for emergency services, fire departments, parks and other critical city programs and services.”

The economic impact analysis defines the cardroom industry as cardrooms and related third parties, associated restaurants, security services, gift shops, bars and hotels. Its findings show that the cardroom industry touches all corners of California, directly employing almost 18,000 people, providing $728.8 million in wages and benefits and generating $3.0 billion in economic activity in the state.

KEY REGIONS IN CALIFORNIA

Region

Total Jobs*

Total Economic Impact*

L.A. County

13,463

$2.3 billion

San Diego County

1,936

$318.6 million

Bay Area

6,196

$1.1 billion

Sacramento Region

1,831

$313.3 million

Fresno County

764

$128.5 million

* includes direct, indirect and induced

Methodology
“This economic impact analysis was developed by JDA based on data collected from the California Gaming Association, Infogroup, the California Gambling Control Commission, and survey information provided by cardrooms and related third parties. The analysis utilizes the IMPLAN model in order to quantify the economic impact of the cardroom industry on the economy of California, as well as in state legislative districts, counties and cities. The model adopts an accounting framework through which the relationships between different inputs and outputs across industries and sectors are computed. This model can show the impact of a given economic decision – such as a factory opening or operating a sports facility – on a predefined, geographic region. It is based on the national income accounts generated by the US Department of Commerce, Bureau of Economic Analysis (BEA).”

To view regional data from the report, please visit: https://californiagamingassociation.org/cardroomimpact/.

To learn more about the California cardroom industry, please visit Calgaming.org.

 

SOURCE California Gaming Association

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Gambling in the USA

Mazooma Appoints Korry Dickout as Director of Marketing

Niji Narayan

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Mazooma Appoints Korry Dickout as Director of Marketing
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US payments provider Mazooma has appointed Korry Dickout as its Director of Marketing.

“So far, 2019 has been a record year thanks, in part, to the continuing expansion of online gambling and sports betting across the US. Korry brings great skills and knowledge to help us solidify our market leadership position. I’m happy to welcome him to our senior management team,” Mazooma CEO Justin Ferrabee said.

Korry has a successful track record in the payments sector which includes positions with Global Payments, TouchBistro and Ceridian. He also held senior marketing roles at multinational companies including IBM, Dell, Rogers Communications and Blackberry Limited.

“I’m pleased to join Mazooma’s team and look forward to the challenges ahead as we continue to lead payments innovation in the fast-growing US igaming market,” Korry said.

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Gambling in the USA

Aristocrat CEO Trevor Croker to Serve as American Gaming Association Chairman

George Miller

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Aristocrat CEO Trevor Croker to Serve as American Gaming Association Chairman
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Board of Directors Elects Chair for Two-Year Term Beginning January 2020

The American Gaming Association (AGA) Board of Directors elected Trevor Croker, CEO and managing director of Aristocrat Leisure Ltd, as AGA’s new chairman. Croker succeeds outgoing AGA Chairman Tim Wilmott, president and CEO of Penn National Gaming, Inc., who has led the AGA Board since 2018.

Croker has been an active participant in the AGA, serving on the board and in executive committees, since his appointment as Aristocrat CEO in 2017. Croker came to the CEO position with broad experience working across Aristocrat’s regulated and social games businesses, in key leadership roles including EVP, global products and insights, chief digital officer, and managing director of Australia, New Zealand and Asia Pacific.

“It’s a great privilege to lead the AGA during a time of great growth and change in the gaming industry,” said Trevor Croker, CEO of Aristocrat and AGA’s incoming chairman. “I look forward to continuing the progress made under Tim’s leadership to modernize the industry and make responsible gaming a signature priority.”

“I’m thrilled to have such a well-regarded leader in the industry step into the role of AGA’s next chairman,” said Bill Miller, president and CEO of the AGA. “Trevor brings with him invaluable insight from our supplier members and fresh perspectives on how to propel the industry into the next generation of gaming.”

Miller continued, “Tim led the AGA during a dynamic period for the industry and provided a steady hand throughout the association’s own evolution. The entire gaming industry benefited from his leadership, and I’m personally grateful for his continued and wise counsel.”

“It’s been an honor to serve the gaming industry as chairman of AGA the past two years,” said Wilmott. “I’m proud of the strides we’ve made to highlight gaming’s role as an economic engine and mainstream form of entertainment. The future of the organization and industry is bright with Trevor and Bill’s leadership.”

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