True enough but NJ is ahead of the others in terms of the entire process and being ready to go to market. Of course the others will follow soon enough. The main point is that sports betting is no longer the province of just the state of Nevada. And of course now the hypocritical sports leagues will want some of the action. Eph them.its legal anywhere isnt it just the states have to decide how to handle it..
Sure (assuming you mean "federally legal). There are "dry" counties all over the US. The most famous is the home of the Jack Daniels distillery.Can states make something illegal that is federally illegal..a reverse marijuana situation sort of?
None of that has been decided yet. If NY is not competitive with NJ then they'll lose a ton of business to NJ. The sports leagues can go fokk themselves. They don't get those fees from Nevada so why should any other state pay them fees.The NY laws really make it hard for this to work with the tax on gross not net and the integrity fees. the tax alone will eat up any profit.
So then NY State will get bupkis in terms of revenue. Btw I wasn't aware that NY State had passed a sports betting law. When did that happen?still if NY people cant bet NY sports which is how the NY law is written, it will effect how successful it is and if they leave it a gross revenue the casinos will not offer it at all.
Monmouth Race Track (William Hill) will be taking the first bet on Memorial Day. That's pretty quick imo.heard yesterday they would be surprised if NY got this working before jan 1st.. even NJ who was ready to roll looks to be delayed
i don’t know about calling it an “integrity fee,” but I do think the sports leagues should be compensated for providing the content on which to be gambled. If they aren’t, I’m sure the leagues can make life difficult for states/casinos regarding using trademarks and showing games at the locations.Btw I listened to Lesniak (key architect in NJ senate) on the radio and he said NJ will be paying a big fat doughnut to the major sports leagues in terms of an "integrity fee".
It’s not as if the sports leagues weren’t going to provide the content anywayi don’t know about calling it an “integrity fee,” but I do think the sports leagues should be compensated for providing the content on which to be gambled. If they aren’t, I’m sure the leagues can make life difficult for states/casinos regarding using trademarks and showing games at the locations.