States should be guided by several principles as they move to legalize sports betting and open new opportunities for all participants in the market. Although legal sports betting is new in America, the field itself is not at all new. Other countries, including Australia and the United Kingdom, have long facilitated popular legal sports betting markets. The advantages of legalized sports betting are numerous: it allows for transparency and accountability; robust consumer protections; and fair competition and the innovation that results from it.
It creates new jobs. Legal sports betting also raises revenue for state governments without raising taxes. The American system of federalism uniquely enhances these benefits. Do bets need to take place at brick-and-mortar casinos, or at a race track? Can you place bets on your phone? Can you bet only on the outcome of a game, or will states allow you to take bets on whether the next pitch is a ball or strike?
As a legal, regulated sports betting market comes to life, legislators, consumers, and the gaming industry will share best practices and exchange information as they work together to promote a strong gaming environment and tackle any associated challenges.
But there are a few catches. First, as with any new product, some policymakers will be tempted to treat legalized sports betting as a cash cow, as something that exists primarily to provide revenue to fund whatever they want to fund, or as a pot that they can dip into whenever they feel so inspired. They will seek to impose cripplingly high taxes that will drive the business back underground or offshore.
Sports betting is a low-margin business, much lower than slot machines or the lottery, and thus is extremely sensitive to any interference of this nature. Punishing a fledgling industry with high taxes is sure to create more problems than it solves. Taxes on sports betting should be low, fair, and predictable. Leagues spent years opposing legal sports betting and defending the black-market status quo.
Now that they have lost their fight, some sports leagues and their allies are urging that the introduction of legalized sports betting guarantee them a cut of the revenue. Gaming operators would be forced to offer worse odds and fewer perks for bettors. Instead of making the trip to Sin City from all corners of the country just to place a few wagers on the games of the day, sports fans simply opted to use foreign-based sportsbooks over the Internet.
Still, though legitimate offshore online sportsbooks are totally safe and legal themselves, they do present issues that make a case for why sports betting should be legalized everywhere in the US. Indeed, while the US government has made sports betting legal, it is now up to each state individually to legalize the pastime for its own residents. Naturally, there are those puritanical menaces in government who make arguments opposing the wide legalization of sports betting, but there are hundreds of research studies that present the undeniable benefits of legalizing the practice:.
Some will argue that the US government making sports betting legal would cause several large, unwieldy problems. Even Former President Donald Trump has been quoted multiple times expressing a similar sentiment about why sports betting should be legalized, but this blanket statement actually has several deeper layers. Simply put, Americans want to be able to bet on sports and have proved this with their spending habits.
There have also been polls showing that the overall attitude toward sports betting is positive amongst citizens. The study also found that should sports betting become legal, about 28 million people would be more inclined to wager on sports, generating even more local economic impact. Gambling has a long and troubled history of association with organized crime and match fixing.
While it has since cleaned up its act and gone legit, many negative connotations still persist. Technology has advanced to the point that it is easy to monitor for suspicious or nefarious betting activity, and sportsbooks have determined that fair play encourages more players which ultimately only increases their profits. Protecting both the integrity of major sports leagues and of the sportsbook themselves is still important, but sports betting operators all over the world have proven that it is possible to maintain the integrity of sports even with a thriving betting market.
NCAA , for example , their overall attitudes are more favorable than in the past. League executives are able to see the reasons why sports betting should be legalized and have become more open to discussing regulation. Though the first major sports commissioner to come out in outright support of legalized sports betting was Adam Silver of the NBA, you can see from the statements below that the professional sports leaders have all relaxed their stance. Congress should adopt a federal framework that allows states to authorize betting on professional sports, subject to strict regulatory requirements and technological safeguards… [S]ports betting should be brought out of the underground and into the sunlight where it can be appropriately monitored and regulated.
Note: Though PASPA is no more, it is important to keep in mind that the commissioners save Bettman, who has the only correct response on the issue of integrity all speak for the idea of federal sports betting oversight.
Right now, remember, the states are each in charge of their own policies and sports wagering structures. In America, it all comes down to what makes the most financial sense. By not capitalizing on the hundred-billion-dollar-plus sports betting industry, the US is losing out on local, state, and federal tax revenues.
By some credible estimates, the US between its federal and state governments has lost over a trillion dollars in tax revenue over the last 25 years, all because of PASPA. In that context, PASPA is one of the biggest financial boondoggles in US history, and even though the US government has made sports betting legal, it will take years — if not decades — to redirect all the gambling habits of the populace back to their individual states of residence.
But it has to start somewhere, and it has. Hopefully, the federal government will not step in and slow state adoption. Now that states have the opportunity to make sports betting a legal pastime since the overturn of PASPA in , more of them are considering this option because of the Coronavirus pandemic.
If you were to ask a certain soccer team or the entire league, everyone would agree that betting should be completely legal in every country across the globe. So, if everyone supports this idea, why are governments deciding against it? Why do they get to decide what is good or bad for us, when we obviously know the answer to this question? Usually, they defend their laws by making the same argument that it supports gambling addiction. Which takes me to the next point.
In the previous paragraph, I talked about how governments use the argument that gambling enables addictive personalities. But, is that really true? Alcohol and cigarettes are one of the most commonly used addictive substances on this entire planet, but they are still very illegal almost everywhere.
Why are not they banned by law? Even that little argument that they have does not make any sense. It is much better to keep such addictive activities legal, removing the stigmas, and making addiction recovery from gambling much more acceptable and easier. In other words, making sports gambling completely legal can directly help people that have problems with their wagering addiction. As you can see, there are a lot of reasons why sports gambling should be made completely legal considering that governments do not exactly have an explanation keeping it illegal.
I hope that this article will change the minds of a lot of people. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Wednesday, February 10, ,. It is already a huge industry Sports gambling might be illegal in a lot of states in the United States , but it is allowed in many other countries around the world.
Source: Gambling Sites 2. Source: New York Post 3. People have been doing it for years I did mention in the first point of this article that people have easy access to websites which allow for betting even though the country has made it illegal.
Source: HelenaIR. Supports sports All those different sports we can watch on TV are very important for a lot of people across the world. Source: Wall Street Journal 5. By keeping it illegal, it creates gambling addiction stigmas In the previous paragraph, I talked about how governments use the argument that gambling enables addictive personalities.
Tags: economy gambling addiction sports gambling Supports sports. Pepe Harris. Related Posts. October 22, Sports Betting Done Right! June 19, Leave a Reply Cancel reply Your email address will not be published. Recent Posts. Recent News. Contact Us. Feel free to contact us at: sinisavuk [at] opptrends.
The human element has a huge impact on sports; often, the unexpected happens, which can affect everyone from team owners down to the last player. Even where skill may improve odds of winning, people who bet on sports may not always possess the deep understanding of statistics required to win.
People usually bet on sports based on a hunch, not knowledge. The main reason people bet with bookies is not the lack of alternative but availability and, most importantly, the generous line of credit that bookies offer. This is also the main reason wagers get into troubling debt situations. For instance, increased opportunities to gamble on sports may increase the amount of gamblers, yet services to help gambling addicts will most likely not rise in parallel.
Legalizing gambling on sports will gradually change American sports. As with everything that involves money, the sports industry will become even more commercialized than it is now. In a slow but consistent process, the focus of American sports will become betting rather than the game itself.
Do you support the legalization of sports betting? Would you place a bet on your favorite team? Embrace the burqa as part of religious freedom or restrict what feels antithetical to Western cultural values?
Moreover, addicts will have fewer stigmas, which may make it easier for them to seek help. Sports betting is good for the economy. Legalizing sports betting will obviously create huge state tax revenues. More importantly, it has the potential to create jobs estimated between ,, jobs for the American people.
Moreover, it has potential to bring huge money into the United States and keep it there. Currently, most of the betting takes place online. This is because once legalized, sports betting will be monitored, and any irregular activity will be easily detected. It is easier to fix games in an un-monitored environment, in which money flows under the radar. Therefore, the common belief that legalizing sports betting will corrupt sports is wrong. But this assertion is wrong. The human element has a huge impact on sports; often, the unexpected happens, which can affect everyone from team owners down to the last player.
Even where skill may improve odds of winning, people who bet on sports may not always possess the deep understanding of statistics required to win. People usually bet on sports based on a hunch, not knowledge. The main reason people bet with bookies is not the lack of alternative but availability and, most importantly, the generous line of credit that bookies offer. This is also the main reason wagers get into troubling debt situations. For instance, increased opportunities to gamble on sports may increase the amount of gamblers, yet services to help gambling addicts will most likely not rise in parallel.
Some Democratic lawmakers introduced a bill in the House in that would have amended the state constitution to allow the General Assembly to provide for betting on professional sports, but the bill was still in committee when the session ended.
The chances of another bill passing in a majority-Republican body are slim, Democratic Rep. The following states and the District of Columbia do not appear to have any pending bills that would authorize sports betting. Lawmakers plan to introduce bills, or see that as likely.
Many details, like where bets could be accepted — the district has no casinos, so it could be as limited as at stadiums or as broad as being allowed in bars, and could include a mobile component, Evans said — are still up in the air, as is a proposed tax. Evans said that might be 10 percent. Congress would have to approve any law, but Evans said he sees it as unlikely that Congress opposes it. Alabama's state constitution does not explicitly prohibit sports gambling, but the legislature would still need to pass a bill approving it, legal experts told AL.
The earliest one could be filed would be in January when the new legislative session starts. Alabama is one of several states that does not have a lottery. Getting one approved would require an amendment that would need voter approval, according to AL. Bill Walker, a longtime Republican who is now an independent, has no plans to introduce a sports betting bill, and spokesperson Berett Wilber said the governor's office was unaware of any current legislative efforts.
In Alaska, the governor can introduce legislation, but those bills must go through the House and Senate rules committees. After the Supreme Court ruling, Republican Gov. Doug Ducey tweeted that "this is positive news" and noted that the state was working on a modernized gaming compact with Native American tribes, who operate 24 casinos in the state.
A spokesman for Ducey told Capitol Media Services in May that renegotiation of compacts with the tribes could include the right to take sports bets in exchange for a larger share to the state. The next legislative session starts in January. There are no pending bills to legalize sports betting in the state before the Legislature, and the earliest one could be filed would be late this year before the next legislative session, a spokesperson for Republican Gov.
Asa Hutchinson said. But on Aug. Coffman issued an opinion that legalizing sports betting would only require a statutory change. No bills appear to have been announced since the Supreme Court decision. Florida voters in November will decide on an amendment that, if approved, would give voters exclusive rights to decide whether to expand casino gaming in the state.
Whether that, if it passes, would apply to sports gambling is unclear, The Orlando Sentinel has reported. It does not appear that any sports betting bills have been proposed since the Supreme Court ruling. The Macon Telegraph newspaper talked to gubernatorial candidates in June , and the Republican candidate who will appear on the ballot, Brian Kemp, said he does not support it, while the Democratic nominee, Stacey Abrams, indicated she is open to the idea but only if tax revenue goes toward education.
Hawaii has no form of legalized gambling, not even a lottery. There do not appear to be any introduced bills to legalize sports betting in the state. There is no legislation in the works as far as the office of the governor is aware of, and the next legislative session begins in January, a spokesman for Republican Gov. Butch Otter said. There are two casinos in Maine, but the Legislature would have to authorize sports betting in the state. Milton F. Louis Luchini, a Democrat, told The Portland Press Herald in May that he expects multiple bills on sports betting to be introduced in So far the effort in Massachusetts is to study legalized sports gambling.
Democratic state Rep. There have been no bills proposed on sports betting since the Supreme Court ruling, but Republican state Rep. Pat Garofalo says he will introduce the first bill on sports betting since the Supreme Court ruling in the next legislative session that begins in January.
The bill might include an "integrity fee," somewhere between 0. He said that he anticipates a very low tax rate to make up for any integrity fee and to not burden sports book operators. Montana was one of the states grandfathered in by the Professional and Amateur Sports Protection Act. The state lottery runs "Montana Sports Action," which consists of a fantasy football game as well as a fantasy game based on racing.
To legalize more widespread sports betting, the Legislature would have to authorize it, and there have been no bills presented since the Supreme Court decision, said Angela Nunn, administrator for the state Gambling Control Division under the Montana Department of Justice. It does not appear there are any planned bills announced. Democratic state Sen. Casino-style gaming is offered at tribal properties.
No bills appear in the works, although state Rep. Antonio "Moe" Maestas, a Democrat, has said he will push for discussion on the issue, according to The Albuquerque Journal. The next legislative session starts in A bill to regulate fantasy sports — different from a bill on sports gambling — filed last year was defeated in a House committee. It does not appear any bills are in the works, but state lawmakers could look at the issue next year, Forum News Service reported in June.
Andy Maragos, a Republican who pushed for legalizing a lottery in , told the service in June that "I think it would have very minimal support. Oregon was also one of the states grandfathered in when the Professional and Amateur Sports Protection Act was passed, but betting on the outcomes of sports games was limited — Sports Action, a parlay game, was introduced in , and another game, Scoreboard, was introduced in Both games were ended in at the request of the state Legislature.
The Lottery does not need the Legislature to pass a law in order to bring back sports-based games, but so far there are only plans, perhaps in , to introduce a virtual sports game that would not be based on real teams or games, and which rely on randomly generated numbers, Baumann said.
Whatever happens in the future, "chances are the state of Oregon would not have a game that would have any type of collegiate elements to it" and would instead be based on professional sports, Baumann said. The state attorney general said in a statement after the Supreme Court decision that the state constitution would have to be changed to begin the process of legalizing sports betting, and both methods for doing so would require the approval of voters.
Then the Legislature would need to pass a bill regulating sports gambling. Tennessee does not currently have casino gambling. Jason Powell, a Democrat, said recently that he plans to introduce a bill next year that could allow for sports gaming, which he believes is a game of skill and thus allowable under the state constitution without an amendment.
Texas allows some forms of gambling, but sports betting is not one. The Texas Legislature would have to change state law and would likely need to change the state constitution to allow it, the Austin American-Statesman reported. A representative for Gov. Greg Abbott, a Republican, did not immediately respond to a request for comment. The legislative session resumes in January. Utah is another state with no form of legalized gambling.
The Salt Lake Tribune noted at the time of the Supreme Court's decision that lawmakers have repeatedly declined to allow gambling in the state, and state Sen. In May, Vermont Gov. Phil Scott, a Republican, said at a press conference that sports betting is "not the answer to Vermont's fiscal issues" but added "I'm willing to listen," according to The Burlington Free Press. Ralph Northam, a Democrat, "believes any future proposal to expand sports gaming here in Virginia should be considered with the input of the General Assembly and the communities that will be impacted in order to fully assess the benefits and potential consequences for existing industries and businesses," a spokesperson said in an email.
Sports betting in Washington state is prohibited under state law, and would require a vote by the Legislature to authorize it, according to the Washington State Gambling Commission. A spokesperson for the commission said they are not aware of any proposed legislation. Sports betting is prohibited by the state constitution and state law, and sports betting is also not allowed under state tribal compacts. There are no pending bills to legalize sports betting in the state, and amending the state constitution would require a vote by the people, a spokesman for the state Department of Administration said.
It does not appear that any bills have been introduced or proposed to legalize sports betting in Wyoming. State Sen. Drew Perkins, a Republican, told NBC affiliate KCWY of Mills in May that he is considering trying to establish a gaming commission to see how much gambling is already occurring in the state, which has reservation casinos and limited lottery games.
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