Offshore - PPH is only going to get bigger now.
Off-shore Sportsbook will depend on their strategies, but off shore have all the infrastructure in place - they just need to get their licenses in order and pay taxes to the fed govt and states will get their cut. I know there is a lot more too it but I have to say that they have a leg up at least.
Who were you before road2perdition?
Join date May 3 it is now May 14.
You started 22 threads in 11 days in 6 different forums....lol
MLB,NBA,NHL,Offshore,Politics and Rubber room.
You know your way around here pretty good for a newbie...LMAO
One of my attorney friends was at a continuing legal education (CLE) seminar near Des Moines about two months ago. Most of the presentations were by satellite and were about the landscape for all 50 states, not just Iowa.
If I remember correctly the way my friend explained it, in most jurisdictions some variation of the following "scheme" will likely apply (so as to not run afoul of different laws or prohibitions in different jurisdictions, unless various states enter into multi-state compacts): (1) You need to be physically present in the state to set up an account; (2) you need to associate one (maybe two) phone or computer devices with your account; (3) when you place a bet, your GPS or IP from your registered device needs to show you are physically present in the state when placing the bet.
GL
If I remember correctly the way my friend explained it, in most jurisdictions some variation of the following "scheme" will likely apply (so as to not run afoul of different laws or prohibitions in different jurisdictions, unless various states enter into multi-state compacts): (1) You need to be physically present in the state to set up an account; (2) you need to associate one (maybe two) phone or computer devices with your account; (3) when you place a bet, your GPS or IP from your registered device needs to show you are physically present in the state when placing the bet.
GL
Everything you stated sounds right.....I'm assuming every state will do what you just stated.
Sports franchise owners hit the jackpot when the Supreme Court lifted a federal ban on sports betting Monday, according to Dallas Mavericks boss Mark Cuban.
“I think everybody who owns top-four professional sports team just basically saw the value of their team double at least,” Cuban told CNBC, referring to team owners in the NBA, NHL, MLB and NFL.
The team is worth an estimated $1.9 billion, according to Forbes.
https://www.google.com/amp/s/nypost...upreme-court-just-doubled-my-teams-value/amp/
“I think everybody who owns top-four professional sports team just basically saw the value of their team double at least,” Cuban told CNBC, referring to team owners in the NBA, NHL, MLB and NFL.
The team is worth an estimated $1.9 billion, according to Forbes.
https://www.google.com/amp/s/nypost...upreme-court-just-doubled-my-teams-value/amp/
[h=1]<yt-formatted-string class="style-scope ytd-video-primary-info-renderer" style="--yt-endpoint-color:hsl(206.1, 79.3%, 52.7%);">Monmouth Park operator addresses impact of sports betting ruling.</yt-formatted-string>[/h]
I think we will see -110 lines in most places and it will be the standard, because its already is with the books that are ready to go like William Hill, MGM, ect. Draftkings will enter the market too, there will be competition. Will be good for offshores, but only if they are now allowed to process payments now, or it might not have that much impact on them.
[h=1]<yt-formatted-string class="style-scope ytd-video-primary-info-renderer" style="--yt-endpoint-color:hsl(206.1, 79.3%, 52.7%);">Mark Cuban On The Future Of Sports Betting.</yt-formatted-string>[/h]
Depends on how much action they get and if they actually make a good enough profit or not. It is also new territory so how the state collects taxes will be interesting as well as the Integrity fees lol.
Indian Casinos you can guarantee -115 at least if not more as they already do many shady things to get the odds heavier in their favor.
There will be no integrity fees lol, this decision made that a no go. Indian casinos will probably lease out their space to William Hill, so they will make risk free profits, plus it will bring in gamblers for them that will now bet, drink, eat... on their properties, many Casinos in Nevada already do that.
