American Gaming Association Wants to Legalize Sports Betting in the USA

[MJM]

Obviously a vested interest and a serious uphill battle (especially after seeing Canada couldn't pass the single game sports betting bill recently - but I still think statements and press like this are good for the normalization of our industry.

http://www.usonlinebetting.com/ameri...ports-betting/

[ocreditor]

Hopefully they'll succeed but it's not going to be easy...

[David_Allegro]

The truth is that the U.S. needs online gambling significantly more than online gambling needs the U.S. Economically, the taxable revenue and licensing fees associated with legalizing are basically turnkey money for a government desperately trying to balance a budget. While I know the reason that people claim to be against it (poor tax, increase debt, addiction ...), I have to wonder if there are really that many people pushing back.

[ocreditor]

The truth is that the U.S. needs online gambling significantly more than online gambling needs the U.S. Economically, the taxable revenue and licensing fees associated with legalizing are basically turnkey money for a government desperately trying to balance a budget. While I know the reason that people claim to be against it (poor tax, increase debt, addiction ...), I have to wonder if there are really that many people pushing back.

Regulation is not always good but in this case it's mandatory. I dont think that too many are pushing back... but maybe it's all about the money of a certain group of people and all you need is the right people in the right places to push such thing back.

[David_Allegro]

I dont think that too many are pushing back...

The push back is from people who are against gambling in general. Mostly through the Bible Belt. Gambling is a sin, but then again, what isn't to those people.

[TheGooner]

America loves sports betting, the national newspapers quote the Vegas lines weekly, and it's sports betting that drives the majority of interest in the college sports and boosts most professional leagues.

It's just the migration to online betting that seems top be the issue, and the REAL STRONG push back is from people with the vested interest in the existing physical sports betting operations in Vegas and the like.

The lobbying going on by existing sports operations to keep their physical monopoly of "legal" sports betting is extensive and expensive.
Make no mistake this is about protecting existing business operations.

[Sherlock]

I thank god for the current state of US online gambling. I am confident legalisation would be great for the industry, but absolute **** for affiliates. America would force us to fill W8-BEN nonsense and many similar bullshit papers. It is certain we would have to pay taxes there and surcharges on the top of the taxes (look how IRS treats Americans, that work abroad or even those who renounced citizenship).

So affiliates are on the same boat with the anti-legalisation lobby. I am the same as drug dealer. I also do not want market to be liberalised, because my income would vanish. I prey for the UIGEA to stay. In America we have a stable market, raising just slightly. Fine with me. The profits from US market are each year better relatively to other deregulated markets. I do not need tripple digit growth of the market in one year and being robbed by anonymous corporations during next year.

So thank God for the Christian hypocrisy!

[ocreditor]

The push back is from people who are against gambling in general. Mostly through the Bible Belt. Gambling is a sin, but then again, what isn't to those people.

That's true but
If you ask me it's mainly a minority of people how have lots of money and real estate in vegas.. or any state where gambling is relevant... and they want to be dominating the online gambling arena as well