{"id":20717,"date":"2017-12-05T11:11:51","date_gmt":"2017-12-05T19:11:51","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=20717"},"modified":"2022-09-25T21:29:39","modified_gmt":"2022-09-26T05:29:39","slug":"sports-betting-makes-its-case","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/sports-betting-makes-its-case\/","title":{"rendered":"Sports betting makes its case"},"content":{"rendered":"

Yesterday saw the much-anticipated<\/a> oral arguments in the case of Christie v. NCAAA<\/em>, the legal joust that could lead to the downfall of the Bradley Act<\/strong> and open up the land to legalized sports betting. The arguments made before the Supreme Court<\/strong> had little to do \"\"with handle and point spreads, and everything to do with esoteric concepts like “commandeering.” The arguments made for and against the Bradley Act can be read here<\/a> in all their glory. Justices Anthony Kennedy<\/strong> and Stephen Breyer<\/strong> showed sympathy for Garden State<\/a>, with the former saying that\u00a0citizens of the state of New Jersey<\/strong> are bound to obey a law that the state doesn’t want but that the federal government compels the state to have.” There was pushback from Justices Sonia Sotomayor<\/strong> and Elena Kagan<\/strong>, with the latter stating,\u00a0“All the time the federal government takes some kind of action, passes a law, and then says to the states: ‘You know what? We’ve got this. You can’t do anything,'”<\/p>\n

The Hill<\/em> found the high court’s mood “skeptical<\/a>” toward the Bradley Act. Chief Justice John Roberts<\/strong> was flummoxed when\u00a0Deputy Solicitor General Jeffrey Wall<\/strong> claimed Uncle Sam<\/strong> would be just fine with unregulated sports betting.\u00a0\u201cYou have no problem if there’s no prohibition at all and \"\"anybody can engage in any kind of gambling they want? A 12-year-old can come into the casino? You’re not serious about that.\u201d Wall claimed he was on the level. (Only eight of nine justices participated in the hearing, with Clarence Thomas<\/strong> lurking under his usual cone of silence<\/a>.) In a conference call following the hearing, the American Gaming Association<\/strong> forecast several possible outcomes, including a baby-splitting whereby only parts of the Bradley Act are struck down, but sufficient to permit wider sports wagering.<\/p>\n

New Jersey Gov. Chris Christie<\/strong> (R), sporting a pink necktie, was buoyant after the hearing.\u00a0AGA\u00a0President Geoff Freeman<\/strong>, who has made this his signature issue<\/a>, took a \"\"(premature?) victory lap, saying states had moved\u00a0\u201cone giant step closer to offering a new product that Americans demand.\u201d\u00a0\u201cThis is the fear of every governor \u2014 that we\u2019ll be at the mercy of the federal government and that they\u2019ll make us pay for it,\u201d Christie said of commandeering. He added, “today it\u2019s sports gaming, tomorrow it\u2019s something else.\u201d\u00a0\u201cI heard a court that is suspicious of the federal government\u2019s overreach in this case,\u201d Freeman added optimistically.<\/p>\n

Legal expert Daniel Wallach<\/strong> expects SCOTUS to rule 6-3 in Christie’s favor (as does Global Market Advisors<\/strong>) presumably with Justice Ruth Bader Ginsburg<\/strong> joining Kagan and Sotomayor (they formed a pro-NCAA phalanx at the hearing). We agree. Yeah, we just went there. Let’s see if SCOTUS makes fools of us when it rules in June. In the meantime, as Freeman joked<\/a>, “It’s much bigger than Chris Christie.”<\/p>\n

* Good news for high rollers: The El Cortez<\/strong> has raised blackjack table limits to $1,000 for regular tables and $2K for high-limit tables.<\/p>\n

* After three years of study, gaming expert Steve Bourie<\/strong> says he has determined the payback percentages at Seminole Tribe<\/strong> casinos (not counting multi-denomination machines). Dismissing as an urban legend the belief that Hard Rock International<\/strong>‘s casinos only pay out 60% on slots, Bourie offers a detailed breakdown<\/a> of which machines pay out how much. On the whole, Seminole casinos are marginally less “george” than private-sector parimutuels, but not by much.<\/p>\n","protected":false},"excerpt":{"rendered":"

Yesterday saw the much-anticipated oral arguments in the case of Christie v. NCAAA, the legal joust that could lead to the downfall of the Bradley Act and open up the land to legalized sports betting. The arguments made before the … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":20693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[23,51,36,174,165,111,25,200,74],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/20717"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=20717"}],"version-history":[{"count":3,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/20717\/revisions"}],"predecessor-version":[{"id":31690,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/20717\/revisions\/31690"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media\/20693"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=20717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=20717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=20717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}