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Will USA get Rid of Professional and Amateur Sports Protection Act
GETTING RID OF P.A.S.P.A. COULD GENERATE BIG MONEY FOR U.S. STATES
Sports betting restrictions could be costing US states millions in lost tax revenue.
Efforts by the American Gaming Association to promote the idea of more widely permitted legalised sports betting in the United States have become increasingly obvious this year, with the trade association holding discussion groups and political panels, and frequently pointing out the potential should the restrictions imposed by the Professional and Amateur Sports Protection Act be removed.
The attempts by the New Jersey legislature to by-pass PASPA, and the consequent series of court actions brought by the sports leagues fighting this, have certainly focused attention on the inequitable situation in the USA created by the federal law.
Coincidentally, statistics from a recent study of the issue by Gambling Compliance Research Services were recently published by the Las Vegas Sun newspaper and indicate that a more widely legalised sports betting industry could produce over $11 billion in GGR.
The study noted the increased interest in the possibilities by land casino operators, and estimated that a more permissive approach in the United States has the potential to earn at least four times the GGR of the current top sports betting nation, the United Kingdom, where GGR comes in at around $2 billion annually.
The GCRS study found that under current PASPA restrictions only Nevada is able to offer full-on legalised sports betting, although Delaware, Montana, and Oregon can also offer slightly more limited services. It is hardly surprising; therefore that Nevada currently leads the field with GGR from this segment of $300 million a year.
Other states flagged by the study as potential money-earners include California (an estimated GGR of $1.3 billion annually) and New York ($900 million)
Last month AGA chief executive Geoff Freeman commented on the issue following the failure of yet another New Jersey court action, observing:
"Washington has a responsibility to fix a failed law that it created nearly 25 years ago. A federal government prohibition has driven an illegal, and occasionally dangerous, sports betting market of at least $150 billion annually.
"Law enforcement, mayors, leaders in sports, fans and many others agree that its time for a regulated sports betting marketplace that protects consumers, communities and the integrity of sports we enjoy."
Freeman has suggested that the best and most practical way forward in the fight for legalised sports betting is not legal confrontations, but for Congress to repeal PASPA and give individual states the opportunity to treat sports betting at their discretion, taking the issue away from national politics.
$75K Win on Mobile Slot @ CafeCasino -
Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.
2017 Punta Cana Poker Classic Results -
The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.
NHL Odds: Winnipeg Jets vs. Minnesota Wild -
Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.
Historic weekend at Americas CardRoom -
ACR ran two $1,000,000 guaranteed tournaments last Sunday for the first time in their history; a $2,100 high roller for the BOSS Main Event and a $540 buy-in Million Dollar Sunday. They were both on the last day of the $14 Million OSS Cub3d.
WPN Affiliates Headed to Berlin Affiliate Conference -
With the Berlin Affiliate Conference just over a week away, WPN Affiliates is making a bold statement. The online poker affiliate network announced that they are eager to buy traffic and ready to make deals with affiliates looking to capitalize on some big innovations.
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