Anyone have plans to just use your State run Sportsbook moving forward ?

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Right now they don't have sports gambling ,but they are going to get it due to having a race track there,and no Sports Gambling is not included in their contract yet

Even if Mohegan Sun doesn't get sports betting right away, you could still use another Pa casino to open an account until the closest casino to you does, just as long as you're living in Pa, you're good.
 
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Only offshore for me,no locals,no state run book either

Coming to you very shortly. No fuss no wait, no bullshit that the processor is down. Can't beat that.
<header class="asset-header" style="box-sizing: border-box;">Michigan bill opens door to online gambling, sports bets


  • Associated Press
  • <time datetime="2018-06-13T15:11:00-05:00" class="tnt-date asset-date text-muted" style="box-sizing: border-box; color: rgb(119, 119, 119);">Jun 13, 2018 </time>Updated <time datetime="2018-06-13T18:29:09-05:00" class="tnt-date asset-date text-muted" style="box-sizing: border-box; color: rgb(119, 119, 119);">Jun 13,</time>
</header>

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LANSING, Mich. — Bills that have cleared an initial legislative hurdle would legalize online gambling in Michigan and start the process toward possibly also allowing sports betting in the wake of a U.S. Supreme Court decision.

The state House late Tuesday voted 68-40 in favor of the legislation, which is not expected to be considered by the Senate until September at the earliest after lawmakers adjourned for a summer break. An 8 percent tax would be collected from wagers, minus winnings paid out — which would be less than a 19 percent tax now paid by Detroit's three casinos.

Those casinos could seek an internet gambling license. The state's 23 tribal casinos could conduct online gambling if they secure authorization from the state through a compact.


"The way people game is moving more and more to the online platform," said the bill sponsor, Republican Rep. Brandt Iden of Oshtemo Township near Kalamazoo. "Everything we do today is moving to an online platform, and that's exactly what this does. It takes the same games that you can play inside the casino and now puts them online and regulates it from a standpoint of ... you can now do it legally."

He said the Michigan Gaming Control Board believes it has the parameters to authorize sports betting but wants the Legislature to "take the initial step." Establishing a tax for online gambling, including internet sports wagering, is a first move, he said. He plans to next introduce legislation to set an 8 percent tax for sports betting inside casinos.

The Supreme Court last month paved the way for all 50 states to allow sports gambling. The main House bill would create a new Division of Internet Gaming to regulate online gambling. It could enter into agreements for "multijurisdictional" internet gambling if is conducted only in the U.S. and is consistent with state and federal law. The division could permit internet sports wagering.

Gaming board spokeswoman Mary Kay Bean said the agency was reviewing the House-passed legislation.

"If the bill becomes law, the MGCB is prepared to regulate sports betting in Michigan," she said. "The MGCB has not received a request from a casino wishing to offer sports betting. If and when a request is received, the agency will determine whether the activity requested is permitted under state law."


An analysis of the House bills from the nonpartisan House Fiscal Agency says state and local governments likely would collect less in gambling taxes. That's mainly because casinos would have an incentive to promote online gambling — with a lower proposed tax rate — at the expense of brick-and-mortar wagering, which is taxed at a higher rate. The report notes that the fiscal impact would depend on whether internet gambling would have a "substitution, neutral or stimulative effect" on other forms of gambling, and it adds that online gambling presumably would reduce Lottery sales — mainly by diverting participants from the iLottery system.

The analysis does not examine the revenue impact, however, of legalizing sports bets. Americans wager about $150 billion on sports each year illegally, according to the American Gaming Association. The group in 2017 estimated a minimum $23 million tax windfall to Michigan from legal sports betting.

Detroit's Greektown Casino welcomed the House vote. Dan Reinhard, senior vice president of government relations and general counsel for Jack Entertainment, said the legislation "allows Detroit casinos to offer innovative products to the marketplace which is demanding that we do so."

Asked if Michigan's tribes support the bill, Iden said there is still "work to do" but he believes the tribal casinos got "90 percent-plus" of what they wanted. The tribes, he said, are concerned with a provision that would let the Detroit casinos continue to offer online wagering if the federal government later states that the tribal casinos cannot offer gambling outside their reservations.

"We're going to continue to work through that, but they were very helpful in getting the bill where it is today," Iden said.







 

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I can't imagine The Meadows not adding sports betting to their already existing harness racing and casino menu.
 

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I know Hollywood casino will definitely get it.......as the others,I would guess since they're top revenue casinos: Sugar House Casino, Rivers Casino, Sands in Bethlehem, Parx, Harrahs, Mohegan Sun

There are currently 12 of them:

  • Harrah’s Philadelphia, Chester
  • Hollywood Casino at Penn National Race Course, Grantville
  • Lady Luck Casino Nemacolin, Farmington
  • The Meadows Racetrack and Casino, North Strabane Twp.
  • Mohegan Sun at Pocono Downs, Wilkes-Barre
  • Mount Airy Casino Resort, Mt. Pocono
  • Parx Casino and Racing, Bensalem
  • Presque Isle Downs & Casino, Erie
  • Rivers Casino, Pittsburgh
  • Sands Casino Resort Bethlehem, Bethlehem
  • SugarHouse Casino, Philadelphia
  • Valley Forge Casino Resort, King of Prussia
Although each of them have the option to apply for a sports betting license, it’s not clear how many will do so. The $10 million entry fee is steep, and the 36 percent tax rate will make it untenable for some.
A 13th casino — Philly Live! — is also on the way. As it will be in the Philadelphia stadium district, it will be a logical choice to house a sportsbook.
 

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Here in Florida it will probably be a while since our governor Rick Scott kisses the Indian Casinos azzes, combined with the fact they're already killing it & no hurry to add sports betting.
 

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There are currently 12 of them:

  • Harrah’s Philadelphia, Chester
  • Hollywood Casino at Penn National Race Course, Grantville
  • Lady Luck Casino Nemacolin, Farmington
  • The Meadows Racetrack and Casino, North Strabane Twp.
  • Mohegan Sun at Pocono Downs, Wilkes-Barre
  • Mount Airy Casino Resort, Mt. Pocono
  • Parx Casino and Racing, Bensalem
  • Presque Isle Downs & Casino, Erie
  • Rivers Casino, Pittsburgh
  • Sands Casino Resort Bethlehem, Bethlehem
  • SugarHouse Casino, Philadelphia
  • Valley Forge Casino Resort, King of Prussia
Although each of them have the option to apply for a sports betting license, it’s not clear how many will do so. The $10 million entry fee is steep, and the 36 percent tax rate will make it untenable for some.
A 13th casino — Philly Live! — is also on the way. As it will be in the Philadelphia stadium district, it will be a logical choice to house a sportsbook.

Lol, yes I know there are 12......I was just going off the top revenue casinos & who might get sports betting......I was just guessing, I have no idea. My thought is if Pa had say a one time $500,000 license fee & a tax rate of 13% & 17% on mobile betting, then I would think every casino & mini-casino in Pa would all over sports betting......but at $10 million & 36% tax, not all of them will do it.
 

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Here in Florida it will probably be a while since our governor Rick Scott kisses the Indian Casinos azzes, combined with the fact they're already killing it & no hurry to add sports betting.

I can't believe a state like California is gonna wait up to 5 years to get it, & Cali lawmakers sit around complaining about needing more tax money.
 
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10 mill entry and 36% tax rate?

Damn, that's steep. Will they be able to offer 10 cent juice (or less that we hope for) at that rate?

What kind of fee and tax does Nevada impose on their books? Anyone know?
 

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10 mill entry and 36% tax rate?

Damn, that's steep. Will they be able to offer 10 cent juice (or less that we hope for) at that rate?

What kind of fee and tax does Nevada impose on their books? Anyone know?


$500 license fee a year & like 6.75% tax rate


Pa could easily make money on 13% tax & 17% tax on mobile w/o any problem.
 
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$500 license fee a year & like 6.75% tax rate


Pa could easily make money on 13% tax & 17% tax on mobile w/o any problem.

Thanks CG. Huge difference.

Leave it to greedy, dumb politicians to strangle a cash cow before she even gives her first gallon of milk.
 

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I would use a state run book.....Hoping New Hamphsire would come on board as I am north of Boston about a half hour from Seabrook where the old dog track is....About an hour south is Plainridge Casino (all electronic gaming) and an hour and a quarter from Twin River in RI...Either way I am within a moderate drive except getting through Boston even on off peak hours can be time consuming....Hoping that they allow NCAA betting as well as pros...I read some states will not allow college wagering
 
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I would use a state run book.....Hoping New Hamphsire would come on board as I am north of Boston about a half hour from Seabrook where the old dog track is....About an hour south is Plainridge Casino (all electronic gaming) and an hour and a quarter from Twin River in RI...Either way I am within a moderate drive except getting through Boston even on off peak hours can be time consuming....Hoping that they allow NCAA betting as well as pros...I read some states will not allow college wagering
only if a team from that state is involved. you may not be able to bet boston college games in ma but could go to ri or nh to do it. ma won't have it until 2019 and probably you will be able to do it with mobile or online.
 

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Being where you are I see you are just a ride down 495 to get to the Ma/ RI joints....I can do with or without table games but a sportsbook is a different story...When Wynn/Encore in Everett opens (projected june 2019) a sportsbook would be ideal as I am 20 minutes away...An online prepay account would be ideal...Just like the old days when off shore was in its hey day....Without the worry of getting stiffed when you want to collect and being able to get your money quickly or instantly if you are in the area

I see from another post you remember those touts from the 90s...….They never lost (yup) or at the very worst went 10 and 2 documented every week...Ok !!!
 
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10 mill entry and 36% tax rate?

Damn, that's steep. Will they be able to offer 10 cent juice (or less that we hope for) at that rate?

What kind of fee and tax does Nevada impose on their books? Anyone know?


I know some have said no big deal on the $10 Mil, they will make it back in no time. But Dam, that's still a lot to ask for
almost like PA doesn't really want it
 

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Im interested to see the competition and will most likely just play back home now

borgata /mgm
golden nugget / churchill
ocean / will hill
resorts / draftkings

etc etc should be some nice line shopping also

i agree
THIS SHOULD GET VERY INTERESTING......

have to tell ya right now Borgata's lines have been skewed so far... (only one week)

Yankees -juice is always alot higher ,,,I.E. (-140/-150 in lieu of -120)

I see Uruguay, (Wed) at -1300 3 way??? --- seeing -660 /-700 alot of other places

just a few examples
 

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