A surge in betting caused by the Supreme Court’s lifting of a federal ban on sports wagering is expected to trigger new gaming opportunities and burnish existing sports books in Las Vegas casinos — but also spawn a battle in California among horse-racing tracks, Indian casinos and card clubs as they try to grab a slice of the added action.
Read More . . .Horse racing has been struggling for years to regain a strong footing on the national sports landscape, and owners hope to use betting on other sports to bring fans back to the tracks.
Read More . . .Bill Bradley was one of the sponsors of the legislation that became the Professional and Amateur Sports Protection Act of 1992, and, not surprisingly, he is upset with the Supreme Court’s ruling that cleared the way for expanded sports gambling.
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Hartley examanies other U.S. gambling legislation and how it impacts the Supreme Court ruling to repeal the Professional and Amateur Sports Protection Act.
Read More . . .Monmouth Park's plan to become the first place in New Jersey to offer legalized sports betting on May 28 -- Memorial Day -- has hit a wall, NJ Advance Media has learned.
Read More . . .Churchill Downs, the publicly traded racing and gaming company behind the Kentucky Derby, agreed on Wednesday with Golden Nugget Atlantic City to get into the New Jersey legal sports betting and online gaming markets.
Read More . . .They say permitting sports betting is good for everyone in the industry. Besides, they say, people come to Las Vegas for more than that.
Read More . . .Pa. is ahead of several other states when it comes to possible implementation, since laws allow sports. However, those laws call for a tax rate of a whopping 36 percent
Read More . . .Making sports bets legal at Ohio's casinos wouldn't by itself amount to much in new tax revenue for the state, if Nevada is any example.
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