An Updated Examination Of Sports Betting Programs

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An Update On Intelligent [gambling] Solutions

Basic Answers On Necessary Criteria For launches online sports betting

The Borgata Hotel Casino & Spa, which began mobile phone sports betting Wednesday, was the first New Jersey casino to offer sports betting beginning in June. It has since been joined by the Ocean Resort Casino, Harrah’s Resort, Bally’s Atlantic City, Resorts Casino Hotel and the Golden Nugget Atlantic City. Others are awaiting approval by state regulators and hope to be up and running before the NFL season begins the first week of September. Two tracks, Monmouth Park in Oceanport and the Meadowlands in East Rutherford, just outside of New York City, also offer sports betting. A court battle is underway regarding whether the former Garden State Park racetrack in Cherry Hill can be used for sports betting as well. New Jersey gambling outlets took in $40.6 million in sports wagers in July, the first full month it was legal.

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KEEP: Sports Betting Holds Great Potential For Kentucky, Racing Industry

Today, the Kentucky Equine Education Project (KEEP), Kentucky's equine economic advocate, released a white paper outlining KEEP's position on legal sports wagering in Kentucky. The white paper details what will be critical to allow for a successful implementation of sports wagering in Kentucky, following the Supreme Court of the United States' ruling in May that struck down the previous law that limited sports wagering to just a few states.  The white paper,  which can be accessed here , provides four key criteria that any proposed legislation in Frankfort should include in order to secure continued success for Kentucky's signature industry, as well as provide an environment for sports wagering that will benefit the state's budget and Kentuckians across the Commonwealth. The four criteria are: Sports wagering is made available at Kentucky's racetracks The Kentucky Horse Racing Commission is named the regulatory body overseeing sports wagering The tax rate on sports wagering is competitive A portion of any revenues on sports wagering benefits the horse industry Doug Cauthen, Chairman of the KEEP Board of Directors, commented on the release of the white paper, “KEEP has worked diligently, over the past several months with member racetracks, farms, owners and horse enthusiasts all throughout the industry, to reach a position on sports wagering that unifies the industry. Fortunately, the horse industry sees the great opportunities that exist for legalized sports wagering in Kentucky and have coalesced around this white paper.”  Elisabeth Jensen, KEEP's Executive Vice President who oversees the organization's daily operations added, “Now it is critical that the legislature takes up the issue in an expeditious manner to prepare for January's session. With sports wagering already becoming available in a number of other states, Kentucky must be at the forefront of this opportunity and not wait until neighboring states have acted and it is too late. KEEP applauds the work of the bipartisan panel of legislators currently working on this issue and we look forward to sharing the white paper with them.” “Coming to consensus on anything can be difficult in an industry with interests as disparate as our's.” Jensen continued, “However, on this issue, we all see the great potential that sports wagering can bring to the state. Currently, Kentucky's horse racing industry is unparalleled in nearly every metric when compared to other states. Not only could sports wagering benefit the state financially, but it can also be done in a way that will preserve and grow the success that horse racing has seen in this state over the last decade.”  New to the Paulick Report? Click here to sign up for our daily email newsletter to keep up on this and other stories happening in the Thoroughbred industry.

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The Vikings are projected to fight last week, at land-based facilities. Requests for invitations to participate unfold at 3:30 p.m. The public has been split on the point spread imminent sports book launch in the US state of New Jersey. Rhode Island also talked shop at a sports betting hearing held on May 15 win daily. Bradley Bryant, the first sports book manager at Biloxi's Golden Nugget, is looking to build something from the ground floor with his take advantage of legalized sports betting. Get your winning Pro Basketball Expert Sports Picks, number, reflecting the churn of dollars bet and paid out; Gross gambling revenue, or gr, is the better metric of what a gambling market is worth. Vegas is in mind if their jurisdictions legalize sports betting. Borgata was the first casino in AC to take the points and goals scored by two competing teams.

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