As Louisiana considers legalizing sports betting

[Baywave1]

Link is an almost wonky review of issues involved in potentially paying "royalties" to pro leagues to support legal betting. Interestingly author never mentions the elephant in the room: college sports betting especially the NCAA MBB tourney which generates an enormous amount of betting if one includes bracket picking contests.

I fully expect that sooner rather than later a Rabalais/Finebaum stalking horse will float the trial balloon (if not done already) that "unnamed SEC officials/ADs" are considering how to get a piece of this action.

I reasonably guess MLTN that Louisiana will approve this since Mississippi already has it. However if somehow it comes with imprimatur from combined with payments to LSU/SEC, it will be slam dunked passed.


https://www.apnews.com/86888142961d45a191cf00d1f026f302

[1309th WAVE]

The sooner it gets passed the sooner we'll stop losing money to Mississippi. There's an appetite for it in state, currently being sated across the border in Bay St. Louis.

[TUPF]

The sooner it gets passed the sooner we'll stop losing money to Mississippi. There's an appetite for it in state, currently being sated across the border in Bay St. Louis.

That’s the thinking everywhere you go. We have to pass gambling because the next state over already has slots. And the next one has harness racing. I suppose you need to grab the fool’s gold while you can, but eventually it all ends up like Atlantic City casinos—decrepit derelicts resold to yet another get rich quick developer who inevitably cuts his losses in a couple of years. What’s left are the degenerate gamblers feeding social security checks into quarter slots in decaying, dark all day casino floors, hauling around their portable oxygen tanks. Wonderful. Even Las Vegas isn’t Las Vegas anymore. They realized they better diversify entertainment long ago. The rest of the gambling places all end up looking like some old VFW post.

[tulaneoutlaw]

I don't know TUPF, there will always be some of that, but it seems like there's a chance the sports gambling movement may be mostly online via apps and the like. That's a lot more palatable to most folks than the traditional casino set up.

[TUPF]

I don't know TUPF, there will always be some of that, but it seems like there's a chance the sports gambling movement may be mostly online via apps and the like. That's a lot more palatable to most folks than the traditional casino set up.

I think we are in violent agreement. Online sports betting will eventually make casinos the 21st century equivalent of sprawling shopping malls.

[AO Sig]

I don't know TUPF, there will always be some of that, but it seems like there's a chance the sports gambling movement may be mostly online via apps and the like. That's a lot more palatable to most folks than the traditional casino set up.

I think we are in violent agreement. Online sports betting will eventually make casinos the 21st century equivalent of sprawling shopping malls.

funny that you list both casinos and sprawling shopping malls in the same sentence. Believe it or not, the Bristol Mall (in Bristol, Tennessee, I think-just south of the TN-VA border) closed several years ago. Some developer is trying to get the Virginia legislature to pass a bill allowing them to convert it into a casino!

[Roller]

It's bad enough what rich boosters are doing to college sports. I'm imagining what it will be like once the gamblers begin to meddle.

[Baywave1]

I don't know TUPF, there will always be some of that, but it seems like there's a chance the sports gambling movement may be mostly online via apps and the like. That's a lot more palatable to most folks than the traditional casino set up.

I think we are in violent agreement. Online sports betting will eventually make casinos the 21st century equivalent of sprawling shopping malls.

funny that you list both casinos and sprawling shopping malls in the same sentence. Believe it or not, the Bristol Mall (in Bristol, Tennessee, I think-just south of the TN-VA border) closed several years ago. Some developer is trying to get the Virginia legislature to pass a bill allowing them to convert it into a casino!

AOS, Perhaps mall is north of the TN-VA border or TN legislature must vote here?


UK meanwhile allows sports books in their arenas/stadiums (like we have at horse tracks) for direct on-site betting. Not quite as convenient as a phone app but close.

[AO Sig]

I don't know TUPF, there will always be some of that, but it seems like there's a chance the sports gambling movement may be mostly online via apps and the like. That's a lot more palatable to most folks than the traditional casino set up.

I think we are in violent agreement. Online sports betting will eventually make casinos the 21st century equivalent of sprawling shopping malls.

funny that you list both casinos and sprawling shopping malls in the same sentence. Believe it or not, the Bristol Mall (in Bristol, Tennessee, I think-just south of the TN-VA border) closed several years ago. Some developer is trying to get the Virginia legislature to pass a bill allowing them to convert it into a casino!

AOS, Perhaps mall is north of the TN-VA border or TN legislature must vote here?


UK meanwhile allows sports books in their arenas/stadiums (like we have at horse tracks) for direct on-site betting. Not quite as convenient as a phone app but close.

Makes sense; that area is sort of hard to tell which side of the state line it is on. It is about 3 blocks from the start of State St, on which you are in Tennessee going east, Virginia going west. the brass markers shown in the Geico commercial really go right down the center line!

[Baywave1]

Thanks for details. Sounds like Texarkana. You keep driving to places in town and it's always a guess what state you are in.