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More States Look to Sports Betting as Leagues Line Up Against It

Las Vegas hosted several N.C.A.A. At 4:30 a.m., a group had claimed a table in the sports book area of the casino, and within three hours, hundreds of people were in a line that snaked through slot machines and onto the casino floor.

This is the only place to be during the tournament, said Laurie Moss, a Denver software architect who has made the pilgrimage here for 13 years to bet on college games.

The growing acceptance of legalized sports betting has been reflected in an array of polls. sounded this warning on its official Twitter account: Student-athletes, coaches & admins: A reminder that betting on #MarchMadness isnt worth the risks, with a link to a release detailing the arguments against wagering on sports.

In a statement, the organization was concise in explaining its opposition. and professional sports leagues.

Voters in New Jersey passed a referendum by a 2-to-1 margin making sports betting legal, and last year Gov. mens basketball tournament fully got under way. The state is appealing, and legal experts say the case will likely reach the Supreme Court.

Photo Patrons at the Las Vegas Hotel and Casino sports book last Thursday as the N.C.A.A. estimates that $2.6 billion is bet illegally on the college basketball tournament alone, while the National Gambling Impact Study Commission says $380 billion is bet annually with bookies or offshore betting operations, often controlled by organized crime, on all sporting events together.

Photo Bill Keith filling out a betting slip. and sports leagues have argued that wider sports betting would compromise their image and offer a powerful temptation for their athletes to fix games. conference tournaments this month, and professional athletes are allowed to promote team-branded lottery cards and to encourage fantasy leagues on their Web sites.

A. The N.C.A.A. The F.B.I. mens basketball tournament continues, The Timess Joe Drape talks about whos getting in on the billions spent on gambling and previews the Round of 16.

By Ben Werschkul, Marcus Mabry, Channon Hodge and Alyssa Kim on Publish Date March 28, 2013. has filed a lawsuit with the N.F.L., the N.H.L., the N.B.A. or any of our universities, Burnett said. Video Money and March Madness As the N.C.A.A. and Major League Baseball claiming that sports betting in New Jersey would irreparably corrupt sports in the United States. G. Really, what they are doing is permitting the mob to control all the betting and, in effect, acting like co-conspirators.

He also points to policies at odds with their stated opposition. Credit Isaac Brekken for The New York Times Even a Las Vegas stalwart like Bill Herzog, who often travels here from Los Angeles to gamble, says staying home to bet every now and then can be a good thing. Watch in Times Video LAS VEGAS It is a lucrative time of year for Nevada, where more than $200 million will be wagered in sports books on the N.C.A.A. Burnett, chairman of the Nevada State Gaming Control Board, said perhaps the best way for sports leagues to protect themselves from gambling was to allow betting to expand in legal and regulated fashion.

We have been in this business for decades and havent had any problems with Nevada or U.N.L.V. That was up from its March 2010 poll, which showed 39 percent of voters supported expanding sports betting.

Photo March Madness in Las Vegas. The N.C.A.A. tournament? Drazin said. Credit Isaac Brekken for The New York Times Last March, Nevada sports books handled $288.5 million in bets on basketball, an estimated 70 percent of them or $201 million on college games, according to the states gambling commission.

In Britain, where bookmaking shops are ubiquitous and online wagering is readily available, bookmakers paid 900 million pounds in taxes (about $1.36 billion), 24 percent of it, or about $343 million, on sports and horse racing, according to a study by Deloitte on behalf of the Association of British Bookmakers.

The predawn scene at the Las Vegas Hotel and Casino last week served as a vivid illustration of Nevadas special lure. also canceled several tournaments and sporting events in the state and said it would bar New Jersey from hosting events in the future if sports betting were put into effect.

Last month, a federal judge ruled against New Jersey and upheld the ban on sports betting. Chris Christie signed a law legalizing it at Atlantic Citys 12 casinos and the states 4 horse racing tracks. This is all we do, and were good at it.

Continue reading the main story . Illinois is considering allowing sports betting, and California lawmakers are looking to reintroduce a sports gambling bill that the State Senate passed last year.

All this has the sports governing bodies on high alert. The game-fixing scandals have happened in other states where gambling is illegal. When people are going to gamble anyway, we might as well let some of that revenue stay in their home states, he said.

In court, the N.C.A.A. But New Jersey and advocates in other states say there are too many dollars at stake for that policy to continue to make sense.

Nevada took in more than $3.4 billion in bets on sports last year, generating $15 million to $20 million in tax revenue. What we have here is a regulatory process specifically to monitor what happens on both sides of the counter. Credit Isaac Brekken for The New York Times As gamblers poured into Las Vegas in anticipation of three weeks of betting on unpredictable tournament action, the N.C.A.A. This year they were joined by the Justice Department, which defended the constitutionality of a 1992 law banning sports betting outside Nevada and a few other states that had long allowed such gambling.

The N.C.A.A. It is an argument advocates of sports betting claim isdisingenuous, considering that the leagues have coexisted with gambling in Nevada since 1949.

Dennis Drazin, a lawyer who advises Monmouth Park racetrack, which has announced plans to set up a sports book, said the leagues long ago made gambling part of their enterprise.

If gambling is really hurting the leagues, why does every sports show talk about point spreads and favorites and underdogs? And why does every office in America have a pool on the N.C.A.A. mens basketball tournament, a pot of money that has budget-crunched states across the country pushing for a piece of the action despite strong opposition from the N.C.A.A. Most recently, one from Fairleigh Dickinson Universitys PublicMind in December found that 51 percent of registered voters favor legalizing sports betting in states where it is not legal. maintains that the spread of legalized sports wagering is a threat to the integrity of athletic competition and student-athlete well-being, it said.

Nevertheless, the money being wagered on the tournament will more than double the record $98.9 million bet on last months Super Bowl.

The federal law on sports betting, which was championed by then-Senator Bill Bradley of New Jersey, a former player for the Knicks, was intended to limit its expansion beyond Nevada, Delaware, Oregon and Montana


Posted by admin on April 17th, 2016 :: Filed under Uncategorized
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