Sports Betting in local Casinos?

I work in a local casino in the midwest, and I thought it might be a great addition to our revenue if we could have sports betting. Of course it would require gaming commission approval and be sanctioned by the political powers-that-be, etc, etc. I have no idea of all the obstacles that might be involved. Someone brought up the possible conflict of betting in venues with professional teams. I'm just wondering what you think of the proliferation of sports betting as with casinos.
It would need a new Federal law...or at least the repeal of the existing law.
Why would it need a new Federal law? Is there a current Federal law that prevents Midwest casinos from having sports betting but allows Nevada to?
federal law limits sports betting to Nevada, Delaware, Montana, Oregon -- because they got the law through before federal limits.

Quote

Originally posted by: DRich2
Why would it need a new Federal law? Is there a current Federal law that prevents Midwest casinos from having sports betting but allows Nevada to?
Exactly.

----------quote----------
The Professional and Amateur Sports Protection Act of 1992 (Pub.L. 102-559), also known as the "Bradley Act," [after basketball star and Democratic US Senator from New Jersey William Warren Bradley - DD] attempts to define the legal status of sports betting throughout the United States. This act effectively outlawed sports betting nationwide, excluding a few states.
The sports lotteries conducted in Oregon, Delaware, and Montana were exempt, as well as the licensed sports [books] in Nevada. In addition, Congress provided a one-year window of opportunity from the effective date of PASPA (January 1, 1993) for states which operated licensed casino gaming for the previous ten-year period to pass laws permitting sports wagering. The latter exception was clearly crafted with New Jersey in mind. However, New Jersey failed to take advantage of this opportunity [to] carve out an exception for itself. Also excluded from the reach of PASPA are jai alai and parimutuel horse and dog racing.
----------endquote------
Ref: wikipedia

The United States Department of Justice strongly opposed passage of this Law as a substantial intrusion on States' Rights. The Justice Department outlined three fundamental concerns in its September 24, 1991, letter to Senator Joseph R. Biden, Jr. [D], then Chairman of the Senate Judiciary Committee. But it remains the Law.

More recently, because of shortfalls in State tax revenues several States have moved to repeal the Law, . . . California, Iowa, Missouri, Rhode Island, and most notably New Jersey - which could have instituted sports betting in 1993-1994 in accordance with the Law and failed to do so.

: : : : : EDITED TO ADD : : : : :
Quote

Originally posted by: bilbo b
I'm just wondering what you think of the proliferation of sports betting as with casinos.
DonDiego agrees with the Justice Department of 1993. The States should be allowed to address the issue of sports betting just as they address the issue of casino gambling. The Federal Government had no legitimate business prohibiting sports betting.

DonDiego would patronize a sports bar with sports betting often if one were available here in Appalachia, . . . just as when he lived in El Paso, TX he patronized the Juarez Sports Book .
Already a LVA subscriber?
To continue reading, choose an option below:
Diamond Membership
$3 per month
Unlimited access to LVA website
Exclusive subscriber-only content
Limited Member Rewards Online
Join Now
or
Platinum Membership
$50 per year
Unlimited access to LVA website
Exclusive subscriber-only content
Exclusive Member Rewards Book
Join Now