Facing pressure from both sides of the state\u2019s geographic borders, Connecticut<\/strong> is also a sure thing. The complication here is that the state\u2019s two casinos are on tribal land. How Connecticut handles sports wagering in a tribal casino will be\u00a0interesting and possibly precedent setting. The tribes believe they should have exclusive rights to sports wagering. They also want to reduce the state’s 25% share. Connecticut Governor Dannel Malloy is entering his final year in office. He is in favor of getting a deal done, although the legislature has shown less urgency.<\/p>\n Iowa<\/strong> came close to moving a bill through legislature this year. It\u00a0even got as far as to set licensing fees and tax rates. However, its\u00a0session adjourned nine\u00a0days before PASPA was overturned and, as a result, the urgency wasn\u2019t there to get it done in 2018. The Iowa General Assembly reconvenes on January 14, 2019. Expect a law in Iowa by spring. William Hill has already planted its\u00a0flag in Iowa\u00a0by operating the Race Book at Horseshoe Council Bluffs.<\/p>\n <\/p>\n Some states have bills that\u00a0should gain momentum in the next six to nine months. There is bipartisan support for sports wagering in\u00a0Ohio<\/strong>, but so far only a one-line bill. Plenty of meetings and hearings will be needed to\u00a0fill that bill out; however, the bipartisan support is key.<\/p>\n Illinois<\/strong> is looking to pass a sweeping gaming expansion within the next year. You can expect sports wagering to find its way into the bill. Sometimes these gaming-expansion bills can go off the rails due to special interests, which is the only reason this isn\u2019t a sure thing.<\/p>\n Kentucky<\/strong> also has wide-ranging bipartisan support for a sports betting bill. The key in Kentucky will be the support of the state\u2019s horse racing industry. The progress of a sports betting law in Kentucky will depend on how it treats the horse racing tracks. Kentucky might be the first state to place sports betting regulation in the hands of the Horse Racing Commission. Other states have used the state gaming board or lottery commission, but never the racing industry.<\/p>\n Meanwhile, there are some states —\u00a0Louisiana<\/strong> and Maryland —\u00a0<\/strong>that require voter referendums to approve constitutional amendments to allow\u00a0sports wagering. Voter referendums can become pawns if they might influence certain demographics to turn out to vote. The fight over which ballot they appear on is often half the battle. Then there are states with a heavy presence of tribal casinos who will need to renegotiate compacts. Beyond the aforementioned Connecticut, expect complicated negotiations in California, Florida<\/strong>, and Oklahoma<\/strong>.<\/p>\n <\/p>\n Two US Senators\u00a0garnered attention last week when they came out in favor of federal oversight of sports wagering. Senator Orrin Hatch of Utah and Senator Chuck Schumer of New York both signaled their support of a potential bill that would regulate sports wagering. Hatch is one of the original authors of the failed PASPA law. He has also repeatedly led opposition to gaming expansion in the US. He is also entering his final few months in Congress. \u00a0Senator Schumer\u2019s support of federal framework is a bit more surprising and unfortunate. Schumer appears to be aligning himself with the interests of the sports leagues. He’s in favor of a federally mandated integrity\/royalty fee. He wants to give leagues the final say as to what type of bets can be offered. Lastly, he wants to force sports books to use official data from the leagues.<\/p>\n We\u2019ve explored the hypocrisy of the integrity fee before. The threat of point-shaving or a gambling-related scandal actually decreases with more legalized markets. In terms of data, there is rarely a discrepancy between data sources regarding the resolution of a sports wager. In many cases, the official source for grading is disclosed upfront by the sports book. Forcing a costly and unnecessary royalty for this data onto the industry is not fair for the consumer. Fortunately, given the mid-term elections and general turmoil of Congress at this point, it’s unlikely this bill by Senator Hatch will get to a vote in 2018 or 2019. The year after that is a major election year. Many experts believe the next viable window for Congress to act on something as mundane as sports wagering is 2021.<\/p>\n You can track the developments in any state by clicking on its\u00a0pin in this map<\/a>.<\/p>\n Two weeks ago I looked at what sports betting will look like in the legalized states of DE, MS, NJ, PA, RI, and WV. Now let\u2019s shift focus to what states might come next. There\u2019s also an elephant in the room in the form of Congress. We\u2019ll address that as well. None of the states […]<\/p>\n","protected":false},"author":26,"featured_media":63070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[19],"tags":[1833,1830,1831,1832,304,233,174],"yoast_head":"\nSnowballs Rolling Downhill<\/h5>\n
The Elephant in the Room<\/h5>\n
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