Will Supreme Court open a ‘dam burst’ of legalized sports betting

[LadyStanley]

Handicapping Supreme Court’s decision on sports betting case

“I think it is highly likely that New Jersey will prevail,” said Miami-based attorney Daniel Wallach, a gaming and sports law expert. “Historically, the Supreme Court has reversed federal Court of Appeals decisions over the last five years in excess of 70 percent of the time. Last year, it was 83 percent.”

And other "handicapping" possible outcomes.

Ruling could be coming as soon as Monday 4/24, and as late as June 25.

 

[cutchemist42]

For a good resource on the topic, I would also suggest LegalSportsReview.com.

I really hope the states dont fall for the integrity fee. Its already been proven from Canada and the states that already legalized that the fee isnt needed. i hate to sound like a cynic, but I could see some politicna caving easily because of the lobbying.

There can be a separate debate on if you deserve some revenue from people betting on your results. Just painting it as "integrity" is only something I can see the gullible water-carriers actually believing.

 

[killer1980]

No shot!

 

[LeHab]

There can be a separate debate on if you deserve some revenue from people betting on your results. Just painting it as "integrity" is only something I can see the gullible water-carriers actually believing.

Yeah requesting some sort of licensing compensation for exploitation of leagues copyright would make sense. The whole "integrity fee" appears to be a cheap PR way of claiming a share.

 

[cutchemist42]

Yeah requesting some sort of licensing compensation for exploitation of leagues copyright would make sense. The whole "integrity fee" appears to be a cheap PR way of claiming a share.

Yeah the thing istl though, it hasnt been requested in the 5 places where its legal in NA already. Why the change now over the additional 7 states now exploring it?

 

[LadyStanley]

Player Associations Wants Seat at Legalized Sports Betting Table

We’re all aware that professional sports leagues in the United States want a piece of the sports betting pie if New Jersey wins its case in the Supreme Court, but it now appears that the players associations want their fair share, too. In fact, organizations representing the four major professional leagues (MLBPA, NBPA, NFLPA and NHLPA) released a statement recently saying:

“Betting on sports may become widely legal, but we cannot allow those who have lobbied the hardest for sports gambling to be the only ones controlling how it would be ushered into our businesses. The athletes must also have a seat at the table to ensure that players’ rights and the integrity of our games are protected.”

So will leagues and unions be demanding a portion of the action? Perhaps that should be a "tax" on top of bet (similar to what states get for their cut)? No way I see the sports books wanting to cut their already thin margin.

 

[cutchemist42]

Player Associations Wants Seat at Legalized Sports Betting Table



So will leagues and unions be demanding a portion of the action? Perhaps that should be a "tax" on top of bet (similar to what states get for their cut)? No way I see the sports books wanting to cut their already thin margin.

Yeh the casinos/racetracks that might have more lobbying power have 0 interest in cutting the leagues in. If you are the leagues, you have no mechanism either beyond lobbying.

As someone who follows this decently, dont think its lost on the politicians that Canada/a few states already dont cut the leagues in with success. The lack of an integrity fee has not ruined the leagues there.

 

[cutchemist42]

Might be a separate thread if NHL decides to ditch but....

Report: MLB, NBA Want To Ditch Equity In DraftKings, FanDuel

It appears as though Major League Baseball and the NBAare attempting to get out of the daily fantasy sports industry, at least when it comes to their equity stakes in DraftKings and FanDuel.

I for one have suspected the leagues have not seen any return thats worth the effort on this. The industry never took off as it was kinda lame from a gaming perspective.

At the same time, they’ve faced questions from lawmakers about their equity in the two DFS operators. DraftKings, for its part, is openly trying to get into sports betting.
It’s one thing for the leagues to want to profit from sports betting from things like integrity fees or data rights; it’s altogether different for the leagues to actively own part of a sportsbook. The optics of actively being in the sports betting business would be poor for either league, given their histories with sports gambling.

 

[cutchemist42]

Separate topic I wanted to post, as like i've said above, many politicians aren't buying the integrity fee story.

NY Lawmaker: MLB, NBA 'A Little Disingenuous' On Sports Betting

NY Lawmaker: MLB, NBA Stance On Sports Betting ‘A Little Disingenuous’

Bonacic’s legislation offered the sports leagues on which betting would occur up to .25 percent of all wagers placed as an integrity fee, a compromise on the one percent that NBAand Major League Baseball representatives asked for in a hearing held in his committee in January.
Pretlow indicated that he doesn’t understand why the leagues think they would be entitled to such a fee.
“Legal sports betting has been going on in Nevada for decades, but now they say they need to ensure the games are run clean,” Pretlow said. “I don’t buy that. They’ve been opposed to the expansion of regulated sports betting for whatever reason, and now that they see it’s inevitable they’re changing their stance to being in favor, but wanting a piece of the action. It seems a little disingenuous.”

 

[LadyStanley]

New Jersey wins. As for the other states, we'll see.

 

[Edmonton East]

Hallelujah!

 

[cutchemist42]

Great news to hear. Gotta think the DFS sites will hurt from this.

Horse racing might hurt too if they dont betting parlours through the tracks.

Overall, I just hope that the smarter states realize the leagues dont need a cut of the revenues.

 

[Epsilon]

The puritanical fascist morons at the NCAA can go pound sand.

 

[Fugu]

The puritanical fascist morons at the NCAA can go pound sand.

I did wonder how the government could block most states from offering gambling when another was allowed full access on everything.

On an unrelated note, I like Avenatti, Epsilon. A smart lawyer who also races cars is kind of intriguing.

 

[dkhockey]

could there be scandals in the future, like players not giving their all, for money? or something else

 

[Terry Yake]

sweet, no need to go anywhere near sites like bovada anymore

 

[Incognito]

could there be scandals in the future, like players not giving their all, for money? or something else

I'd also be worried about an instance of a referee betting on games, although I'm assuming that this is still illegal.

 

[Scandale du Jour]

could there be scandals in the future, like players not giving their all, for money? or something else

In Europe, there are some stadiums in which you can place bets directly. So I guess this isn't really a concern.

 

[gstommylee]

I'd also be worried about an instance of a referee betting on games, although I'm assuming that this is still illegal.

I think there would still be league rules about players betting and officials betting being not allowed.

 

[Jussi]

could there be scandals in the future, like players not giving their all, for money? or something else

For example in Finnish Liiga, there are clear guidelines for players when it comes to sportsbetting. The most obvious being that they can't play anything involving their own team. Because the sports betting is organized by the government sport betting agency, it's also well tracked when it comes to for example sudden spikes in betting activity. Some of our lower league football teams have been the target of such and there have been convictions.

 

[dkhockey]

I think there would still be league rules about players betting and officials betting being not allowed.

yeah, but they could have friends or family members placing bets

 

[dkhockey]

For example in Finnish Liiga, there are clear guidelines for players when it comes to sportsbetting. The most obvious being that they can't play anything involving their own team. Because the sports betting is organized by the government sport betting agency, it's also well tracked when it comes to for example sudden spikes in betting activity. Some of our lower league football teams have been the target of such and there have been convictions.

exactly..... we have had lots of those scandals here in europe, in all kinds of sports ! a shame they will allow betting in the US, nothing good will ever come of it! except money losses for regular folks, and more money to the big corporations

 

[gstommylee]

yeah, but they could have friends or family members placing bets

Even then there would be scandals.

 

[LadyStanley]

NHL's response

 

[TheMoreYouKnow]

In Europe, there are some stadiums in which you can place bets directly. So I guess this isn't really a concern.

And Europe has had match-fixing scandals. Though this could of course happen in the U.S. too even with betting illegal (and has happened).

My main concern here is that gambling has ruined many a man and the creatures you tend to see hang around bookies' offices in countries where gambling is legal are typically quite pitiful. Given how in America everything gets hyped and commercialized to the umpteenth degree once it is legal, I can imagine that legalizing gambling will open that trapdoor for many more people.