Minnesota The Latest State Who 'Gets It' ; Introduces Bill To Legalize Sports Betting

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hacheman@therx.com
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Sports Betting Bill Coming In Minnesota: Rep Says ‘We Want To Have It Safe, Regulated
’Dustin Gouker, September 11, 2017

A lawmaker in Minnesota indicated that he is planning to introduce a bill that would regulate sports betting in the state.
If it happens, it would be the latest in a string of more than a dozen bills on the subject in recent years.

The Minnesota sports betting effort?

Minnesota Public Radio reported that Rep. Pat Garofalo has plans to introduce sports betting legislation:
“We want to have it safe, regulated, and fair,” he said. “Sports gambling is taking place in Minnesota, especially with the Internet. A lot of this money that’s being wagered is going overseas, where there are no consumer protections. It’s not being regulated.”
The comments came as the Minnesota State Department of Public Safety said it is stepping up enforcement against illegal sports gambling.
Stopping offshore sports betting sites is clearly a nearly impossible task for almost any state. However, the state could probably stop at least some bookmakers that physically operate in the state.

What would the bill look like?

Such a bill would mostly likely take the form of sports betting regulation that would take effect should the climate at the federal level change.
Currently, New Jersey’s case to legalize sports wagering is in front of the US Supreme Court. A win could potentially set up a scenario where the federal ban on sports betting — PASPA — is struck down, and states could follow NJ’s lead in legalization.
Short of a victory in the NJ sports betting case, Congress would have to repeal or alter PASPA for states to be able to legalize sports gambling. Currently, only sportsbooks in Nevada can offer single-game wagering under PASPA.
Legal Sports Report has reached out to Garofalo for more details.

AGA gets involved

The American Gaming Association represents the casino industry in the US. It has featured sports betting as one of its signature issues.
As chatter in Minnesota ramped up, the AGA released research from Oxford Economics on the possible impact in the country and the state:
A legal, regulated sports betting market could bring as much as $531 million in economic output to Minnesota’s economy, support up to 3,093 jobs and generate up to $107 million in tax revenue, according to the AGA.
That seems like an overly optimistic view of the impact of sports betting for the state, at least in terms of direct revenue.

Tough road may lie ahead in Minnesota

It’s notable that Minnesota is not one of the 16 states that has enacted daily fantasy sports laws. Whether that means a tough road for a sports betting bill is unclear.
However, Minnesota’s tribes will certainly have to be included in any discussion of legalization. The 11 tribes there have already started to think about the future of sports betting.
Minnesota also has no casino gambling. It’s not clear how sports betting would take place in the state outside of the tribal gaming structure, if at all.

States eyeing sports betting

More than a dozen states have introduced some sort of sports betting legislation this year.
Many of those efforts have not gained much traction, to date. But states are at least contemplating a world where they could legalize the industry.
Still, both Mississippi and Connecticut have already passed laws that would set the stage for legal sports betting.
 

hacheman@therx.com
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Legalisation of sports betting set to generate $531m for Minnesota
By Caroline Watson
9/12/17


According to new research released by the American Sports Betting Coalition (ASBC) and the American Gaming Association (AGA), a legal, regulated sports betting market could bring as much as $531m in economic output to Minnesota’s economy.

The figures posted suggest that the legalisation of the unregulated market could support up to 3,093 jobs and generate up to $107m in tax revenue.

Momentum for a legalised sports betting market continues to grow. The US Supreme Court agreed this summer to hear New Jersey’s challenge to the federal sports betting ban, with a decision expected in 2018.

This month, AGA filed an Amicus brief in the court arguing that the failing federal ban on sports betting is fuelling an annual $150bn in illegal sports wagering.

The AGA’s brief argues that the Professional and Amateur Sports Protection Act (PASPA) “prevents States and tribal sovereign governments states from repealing or amending laws that their citizens no longer support”.

In addition, 19 states joined West Virginia in filing a separate Amicus brief in support of New Jersey’s case.

Across the country, legalising sports betting in the US would curb a conservatively estimated $150bn illegal market while supporting up to 152,000 jobs, creating an estimated $26bn in economic output and generating up to $5.3bn in tax revenue.

President and CEO of the AGA, Geoff Freeman comments: “Congress has a responsibility to fix the 1992 sports betting ban that’s failed.

“Lifting the sports betting ban has the potential to unleash millions for Minnesota’s economy, while adding thousands of jobs and millions in tax revenue.”
 

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