Budget Shortfall Looms in Atlantic City Due to PILOT Bill

View of Atlantic City Beach

The crippling effect of the coronavirus pandemic to Atlantic City’s casinos will have a direct impact in the Garden State’s 2021 budget. That’s because the casinos’ total direct revenue is the basis of their annual payment to the city based on the 2016 PILOT bill.

Under the bill, which was enacted in 2016, casinos make annual payments to the city based on revenue rather than pay property taxes based on property value. Last year, Atlantic City’s casinos had a total revenue of $3.2B and they made a total of $150M payments to the city in 2019.

But with the pandemic halting casino operations for four months starting March 2020 and the imposition of health and safety restrictions that limited gaming operations since they were allowed to reopen, the casinos in Monopoly City are unlikely to duplicate last year’s performance.

Unlikely to Duplicate 2019 Performance

From January to July 2020, Atlantic City’s nine casinos have reported a total gaming revenue of $1.2B. That’s well off the $1.845B they made through the first seven months of 2019. Also, the casinos reported an average revenue increase of 11.48% per month beginning August 2019 to the end of the year.

But with the current restrictions, it’s not expected that they will overperform their previous month’s income and because of that, they are expected to come up very short of last year’s totals. Casino win has been down by more than 58% through July and is not expected to pick up with the prohibitions and restrictions currently in place.

Need For Tangible Solution

The PILOT Bill was passed to put an end to the casinos’ property tax appeals filed before the city. It was seen as a means to stabilize Atlantic City’s tax base. The bill was projected to bring a steady $120M in annual payments from the city’s nine casinos and it had been working before the COVID-19 pandemic struck.

Sen. Chris Brown (R-Atlantic) who voted for the PILOT bill in 2016, recognizes the need to modify the legislation. Assemblyman Vince Mazzeo (D-Atlantic), a prime sponsor of the PILOT bill, recognized the need to do something but noted that the city has to “be careful on how to navigate” through the looming shortfall. Meanwhile, the absence of a tangible solution has made locals fear of an imminent increase in property taxes or a decrease in municipal services.

Borgata Casino Files Lawsuit Against Ocean Casino

Borgata Hotel-Casino

Atlantic City’s top casino has filed a lawsuit against one of its competitors, claiming that the rival hired half-a-dozen of its former Marketing Executives in an effort to steal trade secrets.

The case was filed on Thursday by MGM Resort International’s Borgata Hotel Casino & Spa against Ocean Casino after the latter allegedly poached former Borgata executives in an attempt “to cripple” it by using details of its most profitable customers. According to Borgata, Ocean Casino violated unfair competition laws and agreements that prohibit at least two of the highest ranking executives from working for a competitor for a year after leaving.

High-Roller Customer Data

At the center of the complaint is former Borgata exec William Callahan who now works for Ocean Casino. It is alleged that Callahan has retained his Borgata-issued phone which contains valuable information about Borgata costumers. The lawsuit states that Callahan has refused to return the phone as recently as Monday this week.

Callahan was in charge of Borgata’s high-roller customers. These were patrons who spent $1.5M to $4M per visit and who would be flown in and out of the casino’s events using Borgata’s private jet. According to Borgata, these individuals were worth at least $25M per year to the company.

Aside from Callahan, Borgata also mentioned the name of former executive Kelly Ashman Burke in the document. The plaintiff also said that four other ex-marketing personnel have been hired by Ocean Casino in an attempt to “cripple” Borgata’s casino operations in Atlantic City.

Direct and Primary Competitor

The Borgata leads the nine-casino market in the area but in the lawsuit, it asserts that Ocean City is a direct and primary competitor for high-level customers in Atlantic City. Interestingly, Ocean Casino ranks just sixth among the nine Atlantic City casinos in terms of total revenues, making just one-thirds of what Borgata has raked in over the period.

The Ocean City Casino is the former Revel Casino which was shut down in 2014. The Revel operated for over two years and never came close to making a profit. But the casino reopened in 2018 under a new name and ownership and it has improved its ranking in the market.

Last month , Ocean Casino ranked second in Atlantic City casino win with its revenue of $23.6M a 23.1% increase against its July 2019 figures. Ocean saw nine straight months of slot pay growth before the coronavirus pandemic hit last March. Borgata was closed for the most part of July but in terms of income, it still makes three times more than any of its competitor.

NBA Launches NBABet Steam in Orlando Bubble


The NBA used the bubble tournament in Orlando to showcase NBABet Stream, a new and experimental betting-focused broadcast option which is available via NBA League Pass and NBA TV Networks.

A Betting-Focused Broadcast Option

NBABet Stream features tailored commentary, different camera angles, and enhanced graphics. The stream also has real-time betting odds and stats provided by BetMGM. The league used nine seeding games for the first run of this betting-driven telecast. Said NBA head of Fantasy and Gaming SVP Scott Kaufman-Ross:

“The point of an alternate broadcast is for it to be different from the primary telecast. We didn’t feel we needed a perfect professional play-by-play person. We wanted to provide a group of people that would simulate you and your friends talking about the game from a betting perspective. It’s light. It’s fun. It’s supposed to be much more conversational and provide a different way of viewing the game — specifically, in this case, targeted at those thinking through betting concepts as they are watching NBA content.”

Aside from the alternative camera angles, betting odds, and stats, NBABet Stream also showcases betting analysts from the likes of Bleacher Report, Yahoo Sports, and Action Network to provide commentary and analysis throughout the broadcast. The alternate broadcast also gives fans a more engaging option to watching the games, especially since they are not allowed to watch inside the venue due to health and safety protocols.

New Sports Betting Landscape

Teams in other sports have experimented with alternate broadcasts centered on betting. But as far as the NBA is concerned, NBC Sports affiliates, beginning in Washington D.C., started offering alternate telecasts while focusing on in-game betting. But other than that, this is the first step for the NBA at a league level. It’s the NBA’s latest step in its approach to the new sports gambling landscape in the United States.

The U.S. Supreme Court struck down the the Professional and Amateur Sports Protection Act of 1992 in May 2018. The Act restricted and regulated sports betting primarily in the state of Nevada. Since the 2018 ruling, legal sportsbooks have opened in a total of 18 states plus the District of Columbia. There are several other states which are waiting to launch sports betting in their areas. Last month, William Hill USA opened inside the Capital One Arena, complete with betting windows and self-serving kiosks. It is the first ever physical sportsbook to open inside a U.S. sports arena venue.

As for NBABet Stream, it is an experiment for the league this season but according to Kauffman-Ross, the league thinks that this is where the nature of the game broadcasts are headed to. It may be a secondary screen option right now but they are looking at the possibility of integrating watching a game and betting in the near future.

A New Gambling Bill in Missouri Has Been Introduced

Missouri has a unique set of gambling regulations. Recently, a large number of illegal gambling machines have begun appearing around the state. As a result, a new gambling bill in Missouri was just introduced. Slot Machines Inside A Casino

It’s an interesting development. Missouri is now one of many states currently working to revamp its gambling industry. Today, we’re going to take a look at what exactly is being proposed.

Missouri’s Gambling Laws, Explained

Missouri is considered to have fairly liberal laws towards the gambling industry. Throughout the 1800s, the state had a large and successful gaming market. Eventually, harsh regulations were placed on this industry and gambling venues were forced to go underground.

In 1980, the state began allowing bingo gambling. About a decade later, a law was passed here to allow riverboat casinos. Many of these venues quickly began operating in the state.

Poker laws here are a little unusual. Technically, social poker games are allowed in private residences. Those charging to host poker games or playing with people you are not familiar with is actually against the law.

Generally, though, lawmakers in this state are open to the gambling industry. There are many online casinos in Missouri available that are growing more popular every single day.

Several bills have been introduced here to legalize sports betting. Some feel that 2020 is the year that officials finally decide to start regulating this form of gambling.

A rise in illegal gambling machines is being found in this state. Now, lawmakers have proposed a new set of bills to combat this issue.

What Does The New Gambling Bill in Missouri Allow For?

Missouri still isn’t thought of as a gambling hub. Recently, law enforcement officials here have discovered a rise in electronic gambling machines throughout the state. A new gambling bill in Missouri was introduced that’s intended to help increase legal gambling revenue.

This bill, called Senate Bill 566, allows for state-regulated video gambling machines to become available in fraternal and veterans’ organizations, truck stops and retail locations with liquor licenses. Only those above the age of 21 would be allowed to play. The State Lottery Commission would be in charge of monitoring these machines.

Not everyone is on board with these new regulations, though. Senator John Rizzo has expressed his fear that this will have a negative impact on children.

“I don’t want a kid to walk in a gas station to get a Gatorade and have to walk past three or four of these machines,” he said. 

The proponents of this bill believe that legalizing these machines will offer a serious benefit. Local areas where these gambling machines are available will also profit, they argue. It’s still unclear how the Senate and House will rule on these proposed regulations.

The Push For Sports Betting Continues in Missouri

Sports betting is now legal and regulated in more than 20 states across the country. This is all thanks to PASPA, which the Supreme Court struck down in May of 2018. In most states with regulated sports gambling, a huge amount of revenue is being made through taxes.

More and more states are beginning to see the potential in this industry. New Jersey, for example, is now one of the sports betting hubs of the United States.

Back in 2018, a bill was introduced to legalize sports gambling in Missouri. Unfortunately, it failed to make it past the legislative session. More attempts were made last year, to no avail. Many now believe that 2020 is the year this industry is finally allowed in the state.

One new gambling bill in Missouri that calls for the legalization of sports betting is now making its way to the Senate. The bill, called H 2318, seems very likely to be approved. Several major politicians have already endorsed it.

It’s an exciting time for gambling fans here. Before long, several new forms of gambling may become available here.

Virginia’s Gambling Industry is Ready to Expand

Over the past few months, lawmakers in Virginia have discussed plans to allow commercial casinos and sports betting. It’s a huge change, as in the past, very few forms of gambling were allowed here. Today, we’re going to look at how Virginia’s gambling industry could expand over the next few months. West Virginia

It’s an exciting time for both casino gambling and sports betting fans in the state. There’s a lot scheduled to come here over the next couple of months.

Bill to Allow Commercial Casinos Advances in Virginia

State officials in Virginia have discussed plans to allow casino gambling for years. In 2013, a push was made to start allowing riverboat casinos here. It was nearly approved, yet ultimately failed in the State Senate.

Gambling proponents haven’t given up, though. Many politicians here have continued to push for the legalization of land-based casinos. These gambling venues will help to bring the state millions of dollars, officials argue.

Finally, it appears these casinos may be on their way. In November, a bill to allow commercial casinos in Virginia was approved by a Senate Subcommittee. Lawmakers here are now reviewing this bill to see how it will impact the state.

Before this can be done, several steps need to be taken. The bill still needs to gain approval from the Senate and House. Eventually, residents in Virginia will need to approve the new casino plans, as well.

Virginia’s gambling industry is set to expand soon. This week, several experts began to raise concerns about problem gambling in the state.

Virginia Residents Warn About the Dangers of Gambling Addiction

There are several reasons why Virginia has been so anti-gambling over the years. Lawmakers here have been very concerned about the dangers that this industry poses on society. With Virginia’s gambling industry set to expand, several experts in the state have once again begun warning about the dangers of gambling addiction.

Billy Hoffman, a former gambling addict and current member of Gamblers Anonymous, spoke about the dangers of this new industry. He claims that unlike most substance addiction, gambling offers a sense of hope. Dr. Carolyn Hawley, the president of the problem gambling council in Virginia, spoke about these issues, as well.

“As we’ve seen those markets expand, we’re seeing more people reporting those problems,” she said. “We have to have those discussions and a comprehensive plan in place, because there are some people who develop significant problems. And that hurts the individual. It hurts their families. It hurts their communities.”

Several lawmakers in the state recognize the dangers of this new industry. Fortunately, they have a huge number of other states to ask for guidance. Many states around the country have recently begun to expand their casino and sports gambling laws.

There are certainly more pros than cons when it comes to the gambling industry. Virginia will likely soon begin earning millions of dollars a month in the form of gambling taxes. This is especially true if the state decides to allow sports gambling.

Will Virginia’s Gambling Industry Include Sports Betting?

Since May of 2018, every state in the country has the ability to legalize sports betting. This is thanks to the Supreme Court striking down PASPA. Since that time, 21 states have officially decided to legalize and regulate sports gambling.

Many of these states are now earning a huge amount of money from the industry. New Jersey, in particular, is bringing in an incredible amount of revenue from taxing the state’s legal sports betting operators. Virginia lawmakers seem to recognize this and seem ready to embrace the sports gambling industry.

The state’s sports betting bills recently passed through the Virginia General Assembly. Under this bill, Virginia’s Lottery Board will take control of sports betting regulation. Hope is that the state’s sports betting options are available before the end of the year.

Lawmakers seem to recognize that it’s time for Virginia’s gambling industry to grow. Many states around the country are choosing to earn more money from their gaming markets every month.

It’s still unclear exactly when the first casinos will begin operating here. Several Native American tribes have recently begun presenting plans to open casinos in different parts of the state. In time, Virginia may become one of the East Coast’s gambling hubs.

Stay tuned for more Virginia gambling news over the next few months!

A Bill to Keep Preakness in Baltimore is Introduced

Since 1873, Baltimore, Maryland has played host to the Preakness Stakes. It’s one of the largest horse races in America, drawing in more than one hundred thousand spectators every year. This week, lawmakers in Maryland introduced a new bill to keep Preakness in Baltimore.Preakness Stakes

This comes after the state’s main track owners threatened to relocate this historic race. For obvious reasons, a huge number of individuals want to see the Preakness Stakes stay where it is. Today, we’re going to explain why the race may change locations, and what some lawmakers are doing to stop this from happening.

History of the Preakness Stakes

There’s a good chance you’ve heard of the Preakness Stakes. It’s one of horse racing’s Crown Jewels, and one of the most-watched races in the United States. As we already mentioned, the first race took place in 1873 and has taken place annually at the Pimlico Race Course in Baltimore.

Some of the most famous horses in history have raced in the Preakness. Incredibly, the record for fastest track time is still held by Secretariat, set all the way back in 1973. The winning prize for this race has increased dramatically since that time.

When the Preakness Stakes first began, the winner took home just $3,000. Today, the race winner is paid an incredible $1.65 million. This figure will continue to increase as time goes on.

The Preakness has been an important part of Baltimore’s history. It helps to draw in a huge number of tourists and generates millions of dollars in revenue for the city every year. In 2019, an agreement was made to permanently keep the Preakness at Pimlico. Unfortunately, a dispute between the state and Maryland’s track owner, The Stronarch Group, began to escalate.

Eventually, TSG threatened to move this race elsewhere. Lawmakers are now doing everything they can to ensure this doesn’t happen.

Lawmakers Present Bill to Keep Preakness in Baltimore

There are obvious reasons to keep the Preakness Stakes at Pimlico Race Track. There’s a unique history here and moving the race elsewhere would take away from its magic. Several lawmakers recognize this, and recently presented a bill to keep Preakness in Baltimore.

This bill pledges $180 million funded by state bonds to help rebuild the historic race track. TSG has argued that Pimlico is no longer suitable for the Preakness Stakes. State officials argue that TSG underinvested in the track, causing the issue that we’re seeing now.

Lawmakers also claim that TSG can only legally change the race’s location “as a result of a disaster or emergency.” The money pledged by the state will go towards rebuilding Pimlico’s grandstand, clubhouse, and improving the track itself. Jack Young, current Mayor of Baltimore, commented on this new plan to the media this week.

“Today’s bill introduction is a critical step forward for Baltimore as it preserves the great tradition of Preakness at Pimlico and signals the commitment of significant investment in the Park Heights community,” he said.

Pimlico isn’t the only major track getting an upgrade. An additional $155 million will be put towards the improvement of Laurel Park Race Track.

Hope is that the bill to keep Preakness in Baltimore is approved quickly. Most agree that it’s the best course of action to preserve the history of the race while modernizing Maryland’s best tracks.

Maryland Continues to Push for Legal Sports Betting

Horse race wagering is hugely popular in Maryland. This form of gambling has taken place in this state for more than a century. Unfortunately, this is the only real form of “sports wagering” currently allowed here. This could change soon, though.

Since May of 2018, every state in the country has been given the green light to legalize traditional sports betting. Thus far, 21 states have officially approved sports gambling legislation. Many more are likely to do so over the next few months.

In early 2018, lawmakers in Maryland presented a bill to “study the implementation of sports gaming in the state.” The goal was to better understand how much revenue could be earned from this industry. Since that time, lawmakers have continued to look for ways to make sports wagering legal in the state.

As of now, no bill has been approved. Some feel 2020 is the year that Maryland finally approves sports betting. Several nearby states including New Jersey, New York, and Pennsylvania all now have legal sports betting markets. Most are profiting massively as a result.

The bill to keep Preakness in Baltimore may not be the only one making headlines this year. We’ll need to wait and see how long it takes for state officials to agree on sports betting legislation.

Stay tuned for more updates over the next few months!

Online Gambling in Michigan is Officially Legal

For years, officials in Michigan have been working to expand the state’s gambling laws. This week, their efforts have finally paid off. Online gambling in Michigan is now officially legal. It’s extremely exciting for gaming fans here.Michigan State Outline

That’s not all! Sports gambling has also been made legal in this state. Today, we’re going to look at the road to make this happen. We’ll also talk about exactly what forms of gambling are now legal in this state.

Let’s get into it!

Michigan’s Long Road to Sports Betting, Online Gambling Legalization

Since PASPA was struck down in May of 2018, several politicians in Michigan have stated their desire to see sports betting legalized in the state. It’s a highly profitable industry, helping to earn many states millions of dollars every month. Unfortunately, some of the most powerful politicians in Michigan have been hesitant to embrace any new gambling expansion plans.

Michigan has been close to sports betting legalization several times. In 2018, it was approved by both the House and the Senate, yet Governor Gretchen Whitmer vetoed the bill at the last minute. It was extremely disappointing news, particularly for sports fans here.

As soon as 2019 kicked off, lawmakers once again began working to legalize new forms of gambling in the state. House Bill 4916 was introduced and eventually made its way through the state’s legislative bodies. In September, the bill was officially approved by Michigan’s House Committee.

Some had concerns that Governor Whitmer would once again shut down this bill at the last minute. She had voiced her concerns over the bill, particularly with its tax structure.

Fortunately, the Governor decided that it was time for Michigan to embrace some new forms of gambling.

Sports Betting and Online Gambling in Michigan Are Now Legal

House Bill 4916 slowly made its way through Michigan’s legislative bodies. This week, the bill had its final test with Governor Whitmer. She decided to approve the bill, meaning both sports betting and online gambling in Michigan are now legal.

Many supporters of this bill believe that the newly-expanded gambling laws will help bring millions of dollars to the state. The majority of the money will go towards the School Aid Fund. Some will be used to help pay for firefighters’ medical costs, as well.

Gretchen Whitmer commented on the approval of the bill to the media this week.

“My top priority in signing this legislation was protecting and investing in the School Aid Fund, because our students deserve leaders who put their education first,” she said. “Thanks in part to the hard work and leadership of Senator Hertel and Representative Warren, these bills will put more dollars in Michigan classrooms and increase funding for firefighters battling cancer.”

An 8.4% tax rate will be applied to sports betting operators in the state. Taxes for online gambling range from 20% to 28%.

Many are now wondering when exactly the new gambling options will become available here.

When Will Sports Betting and Online Gambling Be Available in Michigan?

This is the million-dollar question. Several states legalized sports gambling, yet took months to actually get their sports betting operations up and running. Hopefully, this is not what happens here in Michigan.

Ultimately, it will come down to how long it takes the Michigan Gaming Control Board to set specific regulations on the industry. Of course, there will be different rules for sports betting and online gambling in Michigan.

Once a set of gambling laws are established, lawmakers will need to choose which sports betting companies can operate in the state. Several of the biggest sports betting companies in the UK are now actively working to break into the US market.

Several lawmakers are pushing to have this industry available to the public before March Madness. If it does, the state will likely earn millions of dollars via revenue from the bets placed on the popular NCAA tournament.

Online gambling in Michigan is finally here. If you’re a gambling fan in the state, things just became a lot easier.

Stay tuned for more US online gambling news over the next few months!

Michigan’s Online Gambling Laws Are Set to Change Dramatically

For years, certain lawmakers in Michigan have been working to make sports gambling legal. This week, it appears these efforts are finally paying off. Michigan’s online gambling laws are set to change in a major way.

Michigan State Flag

Several new forms of gambling are going to become legal here. It’s extremely exciting news for both casino and sports betting fans around the state. Today, we’re looking at exactly what’s coming here.

Let’s get into it!

Gambling Laws in Michigan, Explained

Michigan is thought of today as a very gambling-friendly state. This wasn’t always the case, though. For many years, lawmakers here only allowed Class II tribal casinos to operate. Eventually, a bill was approved to allow Class III gambling establishments.

This completely revamped the state’s gaming industry. Before long, 19 fully-operational tribal casinos began operating here. They’re hugely popular with both locals and residents of nearby states where casino gambling is banned.

Laws towards online gambling were much more ambiguous here. The legality of online casino gambling and internet sports betting seemed to lie in a grey area. Despite this fact, many individuals continued to make wagers online. Lawmakers realized the state was earning no revenue from these markets and decided it was time for a change.

In 2017, officials presented a bill to make sports gambling legal and regulated. It was nearly approved in 2018 before a veto from the Governor.

Fortunately, things are moving ahead as originally planned. The House Committee approved new measures in September. It appears that Michigan’s online gambling laws are now set to change.

Michigan’s Online Gambling Laws Are About Change

As we just mentioned, lawmakers in Michigan very nearly approved sports betting in 2018. Unfortunately, Governor Gretchen Whitmer vetoed the bill at the last minute. This week, a package of bills is once again being presented to the Governor and this time, it seems highly unlikely she’ll put up any resistance.

Michigan’s Senate Regulatory Reform Committee voted unanimously to approve the bill. State officials agree to the proposed tax bracket for both sports betting and online casino gambling. At the moment, sports betting operators will be taxed at 8.4%. Internet casino operators face a tax between 20% and 28%.

This package of bills also lays out plans to regulate and tax the daily fantasy sports industry.

The majority of revenue earned from this industry will go to help fund schools and other social programs. Sen. Curtis Hertel Jr., a democrat that supports the changes to Michigan’s online gambling laws, commented on the timeline to the media this week.

“The intention is to get this to the governor’s desk and have votes today,” he said. “It makes us like a lot of other states.”

That’s certainly true. More than 20 states have already approved sports gambling legislation. Most of these states have their sports betting operations up and running. If all goes according to plan, Michigan will join these states by the end of the week.

More States Likely to Legalize Sports Betting in 2020

Michigan’s online gambling laws are changing in a major way. Soon, both online casino gambling sports betting will be available to residents. This is far from the only state making changes, though. It’s likely that many more states change their laws in 2020.

Lawmakers around the country are simply realizing how much money can be earned with gambling expansion. New Jersey, which was one of the first states to allow both online sports betting and casino gambling, is now earning millions of dollars every month by taxing this industry.

Even small states such as Rhode Island are earning an impressive amount of money thanks to the legalization of sports betting.

Several states are on-track to legalize sports betting next year. Many believe that Massachusetts is heading in this direction. This state is well-known for having one of the most passionate sporting fan bases in the country. The legalization of sports betting here would likely bring in major revenue earnings each year.

Some believe California has a chance to legalize this industry, as well. Unfortunately, lawmakers are in a legal quarrel with Native American tribes over the matter.

Michigan’s online gambling laws will completely change this week. Gambling fans are about to have a whole new list of options to make wagers.

Stay tuned for more US casino news over the next few months!

Lawmakers Discuss Gambling Regulations in Georgia

To say that Georgia is not a gambling-friendly state is an understatement. It has some of the strictest laws towards the gambling laws of almost any other state in the country. Surprisingly, lawmakers are discussing whether or not to change the current set of gambling regulations in Georgia.

Georgia State Flag

It’s extremely exciting news for gambling fans here. Now is the perfect time to look at the current laws here, and discuss how they could change in the future. Let’s get into it!

Gambling Laws in Georgia, Explained

As we’ve already mentioned, Georgia has some of the most restrictive laws in the country when it comes to gambling. The first real set of regulations here came in 1878. That year, lawmakers in the country decided to ban the sale of lottery tickets.

Things haven’t improved much since then. For a brief time, gambling fans found a legal loophole that allowed making wagers through online poker machines. State officials quickly created legislation that made this form of gambling illegal.

In 1993, the state finally decided to create an official lottery. It’s tightly regulated, though.

A bill to legalize casinos was nearly passed here in 2012. Unfortunately, lawmakers eventually decided to shut it down. Today, traditional casino gambling remains illegal. Only cruise ships that take gamblers into international waters are available here. Amazingly, a committee was formed here to begin studying the gambling industry in April of this year.

In May of 2018, the US Supreme Court struck down PASPA, giving every state the option to legalize sports gambling. For many months, officials in Georgia seemed uninterested in making this form of gambling legal. This now appears to be changing.

Lawmakers are now meeting to talk about the current set of gambling regulations in Georgia.

Officials May Soon Change Gambling Regulations in Georgia

Earlier this month, several of Georgia’s biggest sports teams officially voiced their support for the legalization of sports gambling. The Presidents of the Atlanta Braves, Atlanta Falcons, and Atlanta Hawks all officially support these plans.

Interestingly, lawmakers are beginning to warm up to the idea of expanding gambling regulations in Georgia. These officials are now taking their show to the road. A house committee officially held a meeting in Valdosta, talking about tax revenue.

The goal is to educate residents here on the ways that expanded gambling operations could benefit the state. Many of these lawmakers believe that opening the state’s casino, sports betting, and horse racing market could help bring money to the state’s HOPE scholarship program. Today was the first meeting of the entire tour.

State Representative Brett Harrell commented on the discussion on gambling regulations in Georgia to the media today.

“Our intent is to ask the citizens, ‘Do you support inviting this industry to Georgia?’” he said. “If the answer is yes, how do you want us to enable this industry to come to Georgia so you all get your piece of the pie?”

As of now, it’s unlikely that any small cities such as Valdosta will receive a casino. Larger cities may have the ability to open one if the state changes its laws. We’ll need to wait and see how lawmakers feel about the possible changes.

More States Continue to Legalize Sports Betting

Georgia may not be completely on-board with legalizing sports betting yet. Many other states, however, are currently working to legalize this form of gambling. Several states have recently passed bills to legalize this industry and will soon begin offering odds on sporting events taking place around the world.

On November 5th, Colorado officially approved a sports betting bill. It allows for both in-person and online betting. The first bets will become available here sometime in 2020.

Many believe that in time, every state in the country will choose to legalize this industry. California seems likely to do so over the next year or two. This state is the most populous in the country. The state government would likely earn millions of dollars every single month with sports betting legalization.

Many lawmakers are beginning to realize how much money can be earned from this industry. It’s a great time to be a sports fan in this country.

Gambling regulations in Georgia could soon change. Hopefully, both casino gambling and sports betting will become available here.

Stay tuned for more updates over the next few months!

Laws on Charitable Gambling in Nevada May Soon Change

For years, Nevada has taken an extremely liberal stance on charitable gambling. Soon, however, laws on charitable gambling in Nevada could change. The state’s Gaming Board is currently deciding whether or not to change its current set of regulations.

Roulette Table Inside Casino

It’s an interesting development. Charitable gambling has grown extremely popular in Nevada. Let’s take a quick look at why lawmakers are considering changing these laws and what impact it will have moving forward.

What is Charitable Gambling?

Charitable gambling, as the name suggests, is when individuals gambling not for profit, but for charity. It’s known as a “form of incentivized gambling,” and is legal in almost all US states. There are various forms of charitable gambling available today.

Charitable casino gambling is extremely popular in the United States. It’s very similar to traditional casino gambling. Individuals can play table games and poker. The key difference is that all of the profits go towards charity.

There are also many different charitable lotteries operating today. These lotteries are almost always privately owned, donate more than 80% of their profits to charity, and support a charity’s overall objectives, rather than specific projects or activities.

In some states, this form of gambling is extremely popular. Virginia, for instance, has a quickly-growing charitable gambling industry.

Nevada has allowed charitable gambling for years. This form of gambling often helps to provide income for small nonprofits in the state. Interestingly, several lawmakers are now looking to change laws on charitable gambling Nevada. Let’s look at why this is.

Gaming Board Could Change Laws on Charitable Gambling in Nevada

Nevada is home to many of the best hotel-casinos in the world. Gambling is a massive industry here, bringing the state millions of dollars every single month. Laws on traditional gambling are strict and ban anyone under the age of 21 from placing wagers. Laws on charitable gambling in Nevada, however, are much more relaxed.

There is actually no age limit on charitable gambling here. Lawmakers have looked at is as a fun activity without any social implications. This viewpoint is beginning to change. Many now believe that allowing young people to take part in this form of gambling could have a major impact later in life.

This week, Nevada’s Gambling Board voiced its support of Amendments to Regulation 4A, which governs charitable gambling. The Gaming Board discussed the impact that gambling, regardless of the form, can have on the youth. Several board members believe it can lead to individuals developing gambling addiction issues later in life.

The Gambling Board supports a new draft amendment that prohibits anyone under the age of 21 from playing charitable gambling games and those under 18 from collecting winnings from a charitable lottery. There are some exceptions to this rule, though.

Under the new amendment, individuals under the age of 18 would be allowed to participate in these lotteries if their tickets are purchased by a parent or legal guardian. It’s looking like these new laws are set to be passed.

Here’s What Will Happen Next

The NV Gaming Board is making their case known. They believe that it’s time for laws on charitable gambling in Nevada to change. Philip Katsaros, a board member of the Gaming Board, gave his opinion to the media this week.

“For the past 30 years, there have been no age restrictions in the regulations or laws in charitable lotteries,” he said. “Never before had the regulations in Nevada, or statutes, touched upon this.”

Nonprofits and charities are already voicing their disapproval with these new laws on charitable gambling in Nevada. These groups claim that new regulations will hurt their membership rates and outreach.

Ted Hartwell, a research scientist at the Desert Research Institute, argues that charitable gambling is, in fact, gambling! He feels that this form of gambling poses a serious risk to the youth.

“Early and frequent exposure in childhood to gambling activities is a risk factor for developing a gambling disorder later in life,” Hartwell said. “There’s absolutely no need for children to be involved in gambling-related fundraising. Let adults administer raffles and lotteries … (at) fundraisers and let them sell those tickets to adults.”

This motion is now set to be reviewed by the Nevada Gambling Commission. Based on the ways things are going, it seems likely that the current set of laws on charitable gambling in Nevada are set to change.