SportsHandle and friends deliver another round-up of the week’s big developments in US sports betting.
California Democrats Vote To Oppose Online Sports Wagering
The California Democratic Party on Sunday voted to join the mounting chorus of those opposed to Proposition 27, an online sports wagering initiative put forth by seven national companies.
The Democrats, the predominant political party in California, also agreed to remain neutral on Proposition 26, an in-person, tribal-only wagering initiative backed by a coalition of the state’s tribes.
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Bars, Restaurants, And Sports Betting: A Triple Play Of Profit
A round of shots on … the guy who just hit a five-leg same-game parlay!
That scenario was one of the main takeaways from a study last summer from CGA Strategies, a food and drink consultancy operation. Using Illinois as a test subject, it looked into the effect mobile sports betting has — and will have — on the restaurant and bar world. Its conclusion is not surprising: Sports betting can be a boon to bars and restaurants.
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Wind Creek Vows Special Anti-Inflation Help To Its Employees
Rampant inflation and record gasoline prices have hit casino employees like the rest of the population, and one Pennsylvania operator says it is taking special steps to try to ease that toll on them.
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Ruling On Mobile Sports Wagering In Florida Wrongly Decided, Attorney Says
A prominent expert in tribal law told an audience at the National Council of Legislators From Gaming States (NCLGS) conference in Boston on Friday that a federal judge in November should not have blocked the Seminole Tribe in Florida from offering mobile sports wagering statewide.
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‘Enough Room In The Sandbox’ For Often Misunderstood Online Lottery
Horse racing aficionados have been betting on races online for more than a decade. Sports bettors in dozens of states have tried their luck since the Supreme Court ended Nevada’s virtual monopoly in May 2018. Online casino gaming is only operating in a half-dozen states, but many lawmakers have noticed that New Jersey, Pennsylvania, and Michigan operators have cleared more than $100 million in revenue per month per state for the past year or two.
But online lottery often is overlooked — and even misunderstood.
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Report: Lottery Retailers Often Located In Low-Income Areas
A recent investigation of state lotteries found that lottery retailers are disproportionately located in lower-income communities. The findings of the investigation, which was conducted by the Howard Center for Investigative Journalism at the University of Maryland, provide interesting tidbits of information related to Michigan.
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Sports Betting And Casino Payments To Michigan Schools Top $2.5 Billion
Cue Mike Myers as Dr. Evil putting his finger to his lip as he murmurs, “$2.5 billion dollars.”
In this case, however, it’s the Michigan Gaming Control Board (MGCB) shouting at that number, as it marks the total amount in taxes the agency has doled out to Michigan’s School Aid Fund in the last 25 years. All that money — collected from the trio of Detroit casinos, internet gaming, sports betting, and fantasy contests — has gone to the fund that helps support K-12 education in the state.
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No Minor Threat: States Fail To Mandate Gambling Education For Kids
“We don’t want them to gamble at all, but we say,`If you’re going to gamble, gamble wisely,’” Amanda Winters, problem gambling administrator for the North Carolina Department of Health and Human Services, told the news service Stateline in its report this week. “And know when to stop.”
She wasn’t talking about adult gamblers; she was talking about students in middle school and high school who’d participated in North Carolina’s Stacked Deck program, which teaches students about the history of gambling, probability theory, and other aspects of betting.
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