GAMBLING NEWS PODCAST | Fox Bet |AMERISTAR CASINO - Video Slots
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Watch ONLINE CASINO NEWS Video: GAMBLING NEWS PODCAST | Fox Bet |AMERISTAR CASINO.
Hi, this is Charles Jay, with The Weekly Gambling News Roundup.
The news today is brought to you by........
EasyMobileCasino.com and
PlaySlots4Real Money.com (that's the numeral 4)
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It's interesting that since last year, the Supreme Court overturned the 1992 federal law prohibiting sports betting, 43 different states have either legalized it or initiated some kind of legislation to establish it.
And you have to imagine that some of the big boys who haven't exploed it yet - states like California, Florida and Texas - are gonna do it in the near future.
According to the American Gaming Association, legal sports betting in the United States passed the $10 billion mark in July. And even through that doesn't necessarily put a dent in the amount of money that is bet ILLEGALLY on sports just yet, give it time, because there's a lot of room for growth.
That's because some of the states that have implemented sports betting haven't YET expanded to online and moble wagering. But they will. And when they do their revenues could go up exponentially. In New Jersey, for example, 85% of the sports betting handle is wagered outside of any brick-and-mortar location.
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Well, Indiana became the 13th state to begin taking bets on sporting events, as sportsbooks opened their doors to the public on September 1, just in time for the start of the NFL's regular season. The Ameristar Casino in East Chicago has installed five betting windows and a host of kiosks next to its Stadium sports bar. And they are just one of a number of Indiana casinos that are now accepting sports bets.
The Northwest Indiana casinos in particular are considered to be something of a threat to casinos in the Chicagoland area, and that is because while the state of Illinois has legalized sports betting, it has not yet framed the rules and regulations for it, so neighboring states like Indiana will have the jump on them.
It's been festive; Chicago Bears legends like Mike Ditka and Devin Hester were on hand for the grand opening at the Ameristar, and the state's chief executive even got in on some of the action. Governor Eric Holcomb, who had originally signed the sports betting bill into law, placed the first bets at the Indiana Grand in Shelbyville.
He wagered $10 on the Indianapolis Colts to win the Super Bowl, and $10 on the Indiana Pacers to win the next NBA Championship.
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