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SCOTUS Rules Federal Ban on Sports Betting Unconstitutional


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5 minutes ago, Commonsense said:

Between legal pot and gambling revenues maybe they will fix the roads around here. ?

 

Good luck with that.

 

They will blow all the tax revenue in NYC on useless BS.

 

Just like CA, we should be trying to separate the state. Us rural folks literally and figuratively "pay the price" for the big city on the coast. 

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16 minutes ago, BringBackFergy said:

NYS assembly and Guv are licking their chops right now.....Mmmmmmm tax revenue.

 

Legal pot, legal betting, all that's left are legal hookers. Woohoo!

6 minutes ago, Shotgunner said:

 

Good luck with that.

 

They will blow all the tax revenue in NYC on useless BS.

 

Just like CA, we should be trying to separate the state. Us rural folks literally and figuratively "pay the price" for the big city on the coast. 

 

I'm going to have to differ with you there. The simple reason is rural areas don't generate tax revenue like urban areas do. In fact I'd be willing to bet the opposite is true.

 

People in Buffalo like to think that they are supporting New York City with taxes. The fact is NYC carries the rest of the state.

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11 minutes ago, PromoTheRobot said:

 

Legal pot, legal betting, all that's left are legal hookers. Woohoo!

 

I'm going to have to differ with you there. The simple reason is rural areas don't generate tax revenue like urban areas do. In fact I'd be willing to bet the opposite is true.

 

People in Buffalo like to think that they are supporting New York City with taxes. The fact is NYC carries the rest of the state.

Ah yes, the rural city of Buffalo. We just added a larger horse trough in the front of our general store. 

 

This is an exciting time. 

Edited by Bobby Hooks
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8 minutes ago, PromoTheRobot said:

 

Legal pot, legal betting, all that's left are legal hookers. Woohoo!

 

I'm going to have to differ with you there. The simple reason is rural areas don't generate tax revenue like urban areas do. In fact I'd be willing to bet the opposite is true.

 

People in Buffalo like to think that they are supporting New York City with taxes. The fact is NYC carries the rest of the state.

 

It's not so much to actual tax revenue and how it's appropriated as it is the laws that cost us more (higher taxes), and the allocation of federal tax money (since our state taxes are subsidized).

 

I'm not really talking about Buffalo either. I live in a town of 1200 with far more cows and cornfields than there are people and houses.

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39 minutes ago, BringBackFergy said:

Always remember...all Lottery revenue in NYS goes to the schools. I read that somewhere.

 

they get new chalkbrushes after billions are collected

 

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Hey, I'm all for it. 

 

I remember years ago wanting to make a wager on a game I was sure the Bills were going to win (2011 opener vs the Chiefs), and was going to ask someone visiting Atlantic City to make a wager for me. I would learn that "It's illegal there so it won't hurt the bookies' bottom line"

 

That's really the only benefit to it now. Sport Gambling was allowed in Vegas and Delaware, so if there was collusion in the digital age it was going to happen anyway. Now, with online sports books that seem impossible to shut down and a thriving Fantasy Football model that is pretty much gambling anyway, what was there left to regulate?

32 minutes ago, jmc12290 said:

Can this Trump administration do wrong?

 

MAGA indeed!

It seems fitting, considering his casinos?

 

Hey, why does Trump put his name on all his casinos?

 

So that banks know which ones to repossess! 

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11 minutes ago, WhitewalkerInPhilly said:

Hey, I'm all for it. 

 

I remember years ago wanting to make a wager on a game I was sure the Bills were going to win (2011 opener vs the Chiefs), and was going to ask someone visiting Atlantic City to make a wager for me. I would learn that "It's illegal there so it won't hurt the bookies' bottom line"

 

That's really the only benefit to it now. Sport Gambling was allowed in Vegas and Delaware, so if there was collusion in the digital age it was going to happen anyway. Now, with online sports books that seem impossible to shut down and a thriving Fantasy Football model that is pretty much gambling anyway, what was there left to regulate?

It seems fitting, considering his casinos?

 

Hey, why does Trump put his name on all his casinos?

 

So that banks know which ones to repossess! 

The country isn't going bankrupt!  Let's gooooooooooooooo.

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Since the pro sports leagues were on the wrong side of this case, it will be interesting to see how they try to weasel their way back into the deal when States define their sports betting policies.  They'll probably try to work in a bogus "rights" fee into the deal. 

 

Anyway, those Bengals/Browns games just go a Hell of a lot more interesting.

 

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10 minutes ago, Perry Turtle said:

Since the pro sports leagues were on the wrong side of this case, it will be interesting to see how they try to weasel their way back into the deal when States define their sports betting policies.  They'll probably try to work in a bogus "rights" fee into the deal. 

 

Anyway, those Bengals/Browns games just go a Hell of a lot more interesting.

 

The states will bed the leagues quickly because revenue will be yuge for both, bigly even.

 

It will create another case of hypocrisy for the league and the government

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55 minutes ago, BringBackFergy said:

Why do you say that? Just curious?

In areas where gambling revenue increases for local and state gov't, foreclosures and bankruptcies increase. They are directly tied to addictive gambling situations.

 

Most people who follow gambling know this and there are many studies that confirm this fact. The key is being able to budget your gambling entertainment spending. For many addictive type human personalities that is very hard to do.

Edited by cba fan
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2 minutes ago, cba fan said:

In areas where gambling revenue increases for local and state gov't, foreclosures and bankruptcies increase. They are directly tied to addictive gambling situations.

Are there any links you can provide showing that availability to "gambling" results in an increased rate of foreclosure? Was the real estate crash of 2008 attributable to gambling or just Americans over-extending themselves? (i.e. buying a house that was beyond their means).

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7 minutes ago, Boyst62 said:

The states will bed the leagues quickly because revenue will be yuge for both, bigly even.

 

It will create another case of hypocrisy for the league and the government

Nevada shuts the pro leagues out.  The other states need to do the same.

 

And the revenues won't be huge if the lines are negatively impacted by the vigs that bookies have to pay the state and the league's.

 

Bettors who enjoy the liberalized betting laws will shop for the best lines and will take their business off-shore.

 

The pro leagues need to check their greed and play the long game.

Edited by Perry Turtle
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1 hour ago, Like A Mofo said:

Atlantic City got what it needed. May be too late, but the city needed a jolt and this is a help.

 

Why?  Who would need to travel to that dump just to lay a sports bet?

 

6 minutes ago, Boyst62 said:

The states will bed the leagues quickly because revenue will be yuge for both, bigly even.

 

It will create another case of hypocrisy for the league and the government

 

How would the league(s) get money?

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