Hoosierhoopster Posted May 14, 2018 Report Share Posted May 14, 2018 A big, big decision from the Supreme Court Monday. We'll move this to the OT board in a bit, but as big a decision as this is, thought it would be good for discussion. The gist: The Court struck down the Professional and Amateur Sports Protection Act (PASPA), enacted in 1992 and under which, with various exceptions, the states were barred from state-authorized sport gambling. Nevada has been the only state where you could legally bet, backed by state law, on the results of a single game. A bunch of states will now move forward quickly to permit sports betting. Congress can come back and regulate it, and that could change things as recognized by the Court, but the PASPA was struck down as unconstitutional, and that would take time and likely face legal challenges. Underlying all of this is the integrity of the game. Leagues like the MLB and NBA fought the states (New Jersey in particular) and are not happy with the ruling. Here's the espn story (there are better versions out there) - http://www.espn.com/chalk/story/_/id/23501236/supreme-court-strikes-federal-law-prohibiting-sports-gambling Here's one of the better write ups, from the Washington Post - https://www.washingtonpost.com/news/sports/wp/2018/05/14/what-the-supreme-courts-sports-gambling-decision-means/?noredirect=on&utm_term=.ef1c208a3241 Link to comment Share on other sites More sharing options...
Seeking6 Posted May 14, 2018 Report Share Posted May 14, 2018 The article up at Indy Star basically said Fall of 2019 for NFL would be the earliest at best. I go sports gamble twice a year in Vegas. Not sure how this would change things for me as a consumer. The benefit of being a state that runs at a surplus and has been financially frugal...we don't have to rush into anything or make quick decisions and I like that. If they do decide to get into it...I would suggest a stretch of land along White River (near West Side downtown) where it could be a waterfront operation. This way it's close to downtown without being downtown. Link to comment Share on other sites More sharing options...
FW_Hoosier Posted May 14, 2018 Report Share Posted May 14, 2018 16 minutes ago, Hoosierhoopster said: A big, big decision from the Supreme Court Monday. We'll move this to the OT board in a bit, but as big a decision as this is, thought it would be good for discussion. The gist: The Court struck down the Professional and Amateur Sports Protection Act (PASPA), enacted in 1992 and under which, with various exceptions, the states were barred from state-authorized sport gambling. Nevada has been the only state where you could legally bet, backed by state law, on the results of a single game. A bunch of states will now move forward quickly to permit sports betting. Congress can come back and regulate it, and that could change things as recognized by the Court, but the PASPA was struck down as unconstitutional, and that would take time and likely face legal challenges. Underlying all of this is the integrity of the game. Leagues like the MLB and NBA fought the states (New Jersey in particular) and are not happy with the ruling. Here's the espn story (there are better versions out there) - http://www.espn.com/chalk/story/_/id/23501236/supreme-court-strikes-federal-law-prohibiting-sports-gambling Here's one of the better write ups, from the Washington Post - https://www.washingtonpost.com/news/sports/wp/2018/05/14/what-the-supreme-courts-sports-gambling-decision-means/?noredirect=on&utm_term=.ef1c208a3241 Glad to see this opinion, the federal government had no business meddling in state decisions regarding gambling to begin with (you could say the same thing about many different subjects). As far as opposition from the pro leagues, I think the NBA has pivoted and moved in favor of legalized gambling since the initial suit was brought in NJ. Link to comment Share on other sites More sharing options...
Indykev Posted May 14, 2018 Report Share Posted May 14, 2018 9 minutes ago, Seeking6 said: The article up at Indy Star basically said Fall of 2019 for NFL would be the earliest at best. I go sports gamble twice a year in Vegas. Not sure how this would change things for me as a consumer. The benefit of being a state that runs at a surplus and has been financially frugal...we don't have to rush into anything or make quick decisions and I like that. If they do decide to get into it...I would suggest a stretch of land along White River (near West Side downtown) where it could be a waterfront operation. This way it's close to downtown without being downtown. If they keep it only in casino's there will be another battle. Open it up like Europe, where they have store like places to bet. Link to comment Share on other sites More sharing options...
Seeking6 Posted May 14, 2018 Report Share Posted May 14, 2018 One other thing I always forget about at least for the Indy folks on board. NCAA has threatened not hosting events,etc...where states who support gambling have events scheduled. I have no clue what the numbers are. Big 10 Championship in Football, Big 10 Tournaments Men and Women in Hoops, Regional and Final 4's too bring a ton of revenue and recognition to our city. Would tax revenue at casino exceed those events? I'm sure someone has already done a study somewhere. Link to comment Share on other sites More sharing options...
Indykev Posted May 14, 2018 Report Share Posted May 14, 2018 1 minute ago, Seeking6 said: One other thing I always forget about at least for the Indy folks on board. NCAA has threatened not hosting events,etc...where states who support gambling have events scheduled. I have no clue what the numbers are. Big 10 Championship in Football, Big 10 Tournaments Men and Women in Hoops, Regional and Final 4's too bring a ton of revenue and recognition to our city. Would tax revenue at casino exceed those events? I'm sure someone has already done a study somewhere. NCAA came out today saying they would follow the courts ruling. Link to comment Share on other sites More sharing options...
Seeking6 Posted May 14, 2018 Report Share Posted May 14, 2018 1 minute ago, Indykev said: If they keep it only in casino's there will be another battle. Open it up like Europe, where they have store like places to bet. Interesting view point. I personally would never want Indy to be like that but interesting approach. I'd prefer to catch the whole enchilada. People who would come in town for hotels, restaurants and gambling crowd for a weekend....as opposed to the guy who dropped a few bucks over lunch. Link to comment Share on other sites More sharing options...
Indykev Posted May 14, 2018 Report Share Posted May 14, 2018 12 minutes ago, Seeking6 said: Interesting view point. I personally would never want Indy to be like that but interesting approach. I'd prefer to catch the whole enchilada. People who would come in town for hotels, restaurants and gambling crowd for a weekend....as opposed to the guy who dropped a few bucks over lunch. States have off track betting, on dogs and horses. Why not sports betting. Go in get a beer and watch and bet sports. Link to comment Share on other sites More sharing options...
5fouls Posted May 14, 2018 Report Share Posted May 14, 2018 Just bet 100 grand on the Reds winning the World Series. Crazy? Well, I hedged it with a 250 grand bet that Purdue will not make it past the round of 32 in March next year. Link to comment Share on other sites More sharing options...
Indykev Posted May 14, 2018 Report Share Posted May 14, 2018 18 minutes ago, Seeking6 said: Interesting view point. I personally would never want Indy to be like that but interesting approach. I'd prefer to catch the whole enchilada. People who would come in town for hotels, restaurants and gambling crowd for a weekend....as opposed to the guy who dropped a few bucks over lunch. Get the best of both. Shocking someone hasn't built closer to Indy than the horse track. Link to comment Share on other sites More sharing options...
Indykev Posted May 14, 2018 Report Share Posted May 14, 2018 Could we have internet betting here on HSN? Just a thought to throw out there. Link to comment Share on other sites More sharing options...
IUALUM03 Posted May 14, 2018 Report Share Posted May 14, 2018 1 hour ago, Seeking6 said: The article up at Indy Star basically said Fall of 2019 for NFL would be the earliest at best. I go sports gamble twice a year in Vegas. Not sure how this would change things for me as a consumer. The benefit of being a state that runs at a surplus and has been financially frugal...we don't have to rush into anything or make quick decisions and I like that. If they do decide to get into it...I would suggest a stretch of land along White River (near West Side downtown) where it could be a waterfront operation. This way it's close to downtown without being downtown. Doubt it would go there, only because that would put it right next to the NCAA headquarters. I would suggest making it a part of the rumored Pan Am Plaza hotel development that would be attached to the convention center or the old union station that is terribly underutilized and falling apart to some degree in the inside from what I have been told. Link to comment Share on other sites More sharing options...
IU Scott Posted May 14, 2018 Report Share Posted May 14, 2018 1 hour ago, 5fouls said: Just bet 100 grand on the Reds winning the World Series. Crazy? Well, I hedged it with a 250 grand bet that Purdue will not make it past the round of 32 in March next year. Reds have won 6 in a row Link to comment Share on other sites More sharing options...
IU Scott Posted May 14, 2018 Report Share Posted May 14, 2018 11 minutes ago, IUALUM03 said: Doubt it would go there, only because that would put it right next to the NCAA headquarters. I would suggest making it a part of the rumored Pan Am Plaza hotel development that would be attached to the convention center or the old union station that is terribly underutilized and falling apart to some degree in the inside from what I have been told. Queery on his show recommended that they use the old Union Station building. Link to comment Share on other sites More sharing options...
Hoosierhoopster Posted May 14, 2018 Author Report Share Posted May 14, 2018 1 hour ago, 5fouls said: Just bet 100 grand on the Reds winning the World Series. Crazy? Well, I hedged it with a 250 grand bet that Purdue will not make it past the round of 32 in March next year. Your bet is fully covered. Link to comment Share on other sites More sharing options...
Indykev Posted May 14, 2018 Report Share Posted May 14, 2018 Link to comment Share on other sites More sharing options...
Seeking6 Posted May 14, 2018 Report Share Posted May 14, 2018 1 hour ago, IUALUM03 said: Doubt it would go there, only because that would put it right next to the NCAA headquarters. I would suggest making it a part of the rumored Pan Am Plaza hotel development that would be attached to the convention center or the old union station that is terribly underutilized and falling apart to some degree in the inside from what I have been told. Glad someone noticed my location. That's the reason I want it there. Haha.. Link to comment Share on other sites More sharing options...
Seeking6 Posted May 14, 2018 Report Share Posted May 14, 2018 2 hours ago, Indykev said: Get the best of both. Shocking someone hasn't built closer to Indy than the horse track. Plenty have tried. No luck yet. Namely because we don't need it. I can't speak to other cities around the country but one of the great things about Indy is we've made our city a destination without downtown gambling. We've also done this by managing our finances better than about 90% of the cities (with same demographics) out there. Some nearby cities who need the $ (Cincy, Detroit, St. Louis) will probably jump at it quickly. I fully expect to us have something but I also fully expect it to be a well thought out project. Link to comment Share on other sites More sharing options...
rico Posted May 15, 2018 Report Share Posted May 15, 2018 9 hours ago, Indykev said: Get the best of both. Shocking someone hasn't built closer to Indy than the horse track. I was thinking then gambling(casinos) were legalized in Indiana it had something to do with water ways? And certain tributaries? Hell, but if you can bet in Anderson why not Indy? Link to comment Share on other sites More sharing options...
Indykev Posted May 15, 2018 Report Share Posted May 15, 2018 1 minute ago, rico said: I was thinking then gambling(casinos) were legalized in Indiana it had something to do with water ways? And certain tributaries? Hell, but if you can bet in Anderson why not Indy? French Lick isnt on water. Well maybe a man made lake around it. Link to comment Share on other sites More sharing options...
rico Posted May 15, 2018 Report Share Posted May 15, 2018 3 minutes ago, Indykev said: French Lick isnt on water. Well maybe a man made lake around it. Patoka, don't know what river feeds it. Link to comment Share on other sites More sharing options...
Indykev Posted May 15, 2018 Report Share Posted May 15, 2018 2 hours ago, rico said: Patoka, don't know what river feeds it. No I go there all the time. Sits in the middle of town. Well when i say lake a mean pond. lol. Link to comment Share on other sites More sharing options...
Seeking6 Posted May 15, 2018 Report Share Posted May 15, 2018 Now that it will be legal. I'll be curious to how much coverage networks give to it. Everyone across the board has danced around the subject of gambling, spreads,etc for decades...Brent Musberger was the one who used to at least acknowledge it the most on air. Will each network or sport have a Full Time gambling analyst? Will the wholesome folks at ESPN owned by Disney have multiple gambling guys? Will be fun to see how this evolves. Link to comment Share on other sites More sharing options...
FW_Hoosier Posted May 15, 2018 Report Share Posted May 15, 2018 1 hour ago, Seeking6 said: Now that it will be legal. I'll be curious to how much coverage networks give to it. Everyone across the board has danced around the subject of gambling, spreads,etc for decades...Brent Musberger was the one who used to at least acknowledge it the most on air. Will each network or sport have a Full Time gambling analyst? Will the wholesome folks at ESPN owned by Disney have multiple gambling guys? Will be fun to see how this evolves. Scott Van Pelt has been doing a whole segment on SportsCenter called “Bad Beats” with his insufferable d-bag buddy “Stanford Steve” for a while now. Link to comment Share on other sites More sharing options...
rico Posted May 15, 2018 Report Share Posted May 15, 2018 1 hour ago, Seeking6 said: Now that it will be legal. I'll be curious to how much coverage networks give to it. Everyone across the board has danced around the subject of gambling, spreads,etc for decades...Brent Musberger was the one who used to at least acknowledge it the most on air. Will each network or sport have a Full Time gambling analyst? Will the wholesome folks at ESPN owned by Disney have multiple gambling guys? Will be fun to see how this evolves. I would imagine that it would get a lot more air time on the "sports" networks. Link to comment Share on other sites More sharing options...
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