Experts explain investing versus gambling, concerns regarding increase in online investing – RU Daily Targum

In January, a surge of investing coordinated by the Reddit channel r/WallStreetBets (WSB) caused many hedge funds to lose billions of dollars, The Daily Targum previously reported. Many people from WSB used Robinhood, a commission-free investing application, to process their transactions.

The ease with which people can now invest in the stock market raises questions about the differences between gambling and investing as it relates to platforms like Robinhood and the future of these platforms.

When you're investing, you're making educated decisions about future earning potential on a stock over the long-term, said Lia Nower, professor and director of the Center for Gambling Studies and the Addiction Counselor Training Program in the School of Social Work. Gambling is when you are staking (money) on an outcome of random chance.

She said that although both actions involve the element of risk, investing revolves more around making informed choices, whereas with gambling, people are making bets more for the action than for the long-term earning potential.

For the average individual, investing in stocks might be riskier than for a financial advisor or wealth manager. After all, the financial advisor has been trained and has years of experience looking over balance sheets and other facts, said Devin J. Mills, assistant professor in the Department of Community, Family and Addiction Sciences at Texas Tech University.

Mills said that while stock trading is a form of gambling, since one hopes their investment is going to increase in value, the definition of gambling itself should not be conflated with the extent of the risk. Stock investing does not have to be as risky or riskier than other forms of gambling, he said.

People gamble for a variety of reasons including social and financial circumstances or for the high they may get from the act itself, Mills said.

It is also possible that (the coronavirus disease) COVID-19 increased interest with additional discretionary funds and no sports or casinos or traveling People might have been looking for something to do, he said. It will be interesting to see if this trend persists after COVID-19 becomes less of an issue.

Since the beginning of the COVID-19 pandemic in March 2020, retail accounts on trading platforms have greatly increased, with Robinhood recording three million new accounts in its first quarter, according to The Wall Street Journal.

From an analysis done by JMP Securities, more than 600,000 people downloaded Robinhood on Jan. 29 amid the rising of the GameStop stock, whereas its previous best day in March was 140,000 downloads, according to CNBC.

Nower said that the popularity of day-trading itself is not new but that it is now experiencing a resurgence due to WSB and Robinhood.

In the past, she said the infrastructure for investing greatly slowed down the speed at which someone can take risks, but now, people can take risks 24 hours a day right from an application on their phones.

With the ease of stock trading on these platforms, Nower said this likely means that more people are not fully researching the product or understanding it to invest for the long-term, but instead are conducting a flash mob, pushing the needle on a particular stock.

She said that although this method may work at times, there are people that spend years learning how to properly buy and sell stocks.

I would like to caution anyone to learn about options trading and the platforms before they start, Mills said. Trading options spreads is not risk-free. There is no financial security or trading strategy that is risk-free.

Robinhoods success and longevity depend on a number of factors, including future government regulation and recent high-profile negative press, Nower said.

Following the surge of the GameStop stock, Robinhood placed temporary restrictions on the trading of certain stocks by retail investors, or everyday users, but continued to allow insiders to trade as per usual, according to the Targum.

The app is now facing dozens of lawsuits from several states, and its CEO, Vlad Tenev, is expected to testify on Thursday in front of the U.S. House Committee on Financial Services, according to The Verge.

There is also a court case brought by the parents of Alex Kearns, a 20 year old who died by suicide when he saw his Robinhood account balance was at negative $730,000 and was not able to get into contact with Robinhood employees about what he actually owed, according to CNN.

Nower said she anticipates more regulations for Robinhood and similar platforms coming in the future.

This type of behavior can really destabilize the financial markets for the country. So it's not like there's not a risk in general to a lot of people's 401(k) (plans) and a lot of things that could get wiped out, depending on how unstable the market becomes, she said.

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Experts explain investing versus gambling, concerns regarding increase in online investing - RU Daily Targum

Force banks to let customers block gambling transactions, Monzo tells ministers – The Guardian

The government should force banks to let customers block all betting transactions, according to proposals led by the online lender Monzo, which wants gambling firms to hand over data to make sure the system is watertight.

In a letter to the sports minister, Nigel Huddleston, who is leading a landmark review of gambling law, Monzo, campaigners and addiction experts called on the government to use the opportunity to remove obstacles for people who want to stop betting.

All banks and other account providers should be made to offer tools that allow customers to bar themselves from making any gambling transactions on a debit card, they said.

Gambling companies would also be made to hand over their own bank account details, which could be stored on a central registry. This would help banks block all forms of payment for customers who want the feature, preventing them from using other means to circumvent card blocks.

At least eight major banks already offer some form of gambling block service but some of the tools available apply only to certain types of account or card.

About 40% of current account customers in the UK, or 28 million people, still do not have the option, according to a report released by the GambleAware charity last year, while 40% are unaware such tools exist.

Monzo said that it had 275,000 users with active gambling blocks with fewer than 10% of customers deactivating the block once activated.

We believe the government should take the opportunity afforded by the Gambling Act review to make sure every consumer in the UK can access these blocks, regardless of who they bank with, said Monzos chief executive, TS Anil.

The letter was also signed by researchers at the University of Bristol, a leading NHS gambling disorder expert, firms that provide gambling blocking software and gambling addiction campaign groups including GamFam.

These tools are simple to build, proven to work, and will help protect hundreds of thousands of people, they said.

The letter also calls on the government to work with video game companies to see if it would be possible to identify and block payments made for loot boxes, in-game features that have caused concern due to qualities similar to gambling.

Ultimately, the Gambling Act review offers a unique opportunity to create a world-leading self exclusion framework in the UK to reduce gambling harms, and help consumers gain control of their finances, the letter said.

The rise in online gambling, and new ways to pay, requires a robust response from the government.

A spokesperson for the Betting & Gaming Council said: We support all forms of blocking capabilities and are encouraged by the continued uptake by banks of these functions.

The Guardian has contacted the Department for Digital, Culture, Media & Sport for comment.

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Force banks to let customers block gambling transactions, Monzo tells ministers - The Guardian

Online gambling lobby says ‘no problem’ with punting on credit as MP calls for crackdown – ABC News

The representative for the biggest players in Australian online gambling says punters should be not be stopped from going into debt to bet.

Responsible Wagering Australia chief executive Brent Jackson's remarks follow a call for a crackdown on the use of credit cards in online gambling from Queensland MP Andrew Wallace.

The LNP Member for Fisher is pushing the country's banks to create a voluntary code of conduct that would mean punters could only place online bets using their own money.

Mr Wallace said it was a "no-brainer".

"We know that people pay 22 per cent or thereabouts in interest on their credit card balances that's a very dangerous mix," he said.

"You can't use a credit card to go into a TAB and gamble on the horses or the dogs, you can't use a credit card at a casino, and you can't use a credit card to gamble on the pokies."

For almost 20 years, gamblers have been unable to use credit cards to access cash advances in casinos and poker machine lounges.

Suncorp and Macquarie have already voluntarily stopped allowing credit cards to be used on wagering apps, but the big four Westpac, NAB, ANZ and Commonwealth Bank have not followed suit.

But Mr Jackson, whose lobby group represents the likes of Sportsbet, Bet365, Ladbrokes, Neds and others, said there was no reason to stop Australians from going into debt to gamble.

He said online gambling was "safer" than betting in a casino or at a poker machine because it was governed by strict legislation and companies could monitor gambling behaviour in real time.

"They do keep an eye out specifically for unusual behaviour and strange behavioural patterns and activity that is not considered normal and might be risky," Mr Jackson said.

"We can take a number of interventions aside from banning them completely we often contact customers directly as this is happening."

Mr Jackson said it should be left up to punters to decide whether they used credit cards when gambling online.

"We think that consumers should have the right to choose and directly manage their betting preferences," he said.

"What we're not seeing is any evidence of a problem out there at all.

"We think punters behave responsibly."

In late 2019, the Australian Banking Association (ABA) canvassed members and others as to whether banks should disallow the use of credit cards on gambling apps.

Its report found 81 per cent of Australians felt the practice should be restricted or banned.

Only 7 per cent supported no restrictions.

The ABA described gamblers as "vulnerable customers" on its website, but has decided against any kind of blanket policy citing fears it could fall foul of anti-competition laws.

But the Australian Competition and Consumer Commission (ACCC) said it had supported other voluntary codes of conduct with banks.

A spokeswoman said the ACCC could also grant an exemption to the law if there was a significant public benefit.

Late last year an Australian Gambling Research Centre survey of 2,000 people found one in three signed up for new online betting accounts.

The biggest growth market was comprised of people aged 1834, who the centre found were gambling more and spending more.

Sportsbet's profit jumped by 108 per cent between April and June last year during COVID-19 shutdowns, increasing from $96 million to $191m.

David McAnalen said he used to put money down on just about anything he could "casino games, electronic gaming machines, pokies, scratch-its, lottos, raffles, horses, dogs".

"I was betting on everything," he said.

"If I was still an active gambler when the opportunity came into the online world, I would have embraced it as well."

Mr McAnalen said whatever the barrier, he would overcome it to gamble.

"I would always find a way I always did find a way," he said.

Mr McAnalen said he was compelled to change after his parents and sisters told him they loved him, but that they could not have him in their lives if he continued to gamble.

Now a Relationships Australia counsellor, Mr McAnalen said he was no longer "triggered" by gambling but neither was he entirely cured.

"It's the first drink that does all the damage it's the first bet that would do all the damage and everything would come back," Mr McAnalen said.

"I wake up in the morning and say: 'There are a lot of things I can do today and one thing I'm choosing not to do today is gambling'."

Associate professor Charles Livingstone from Monash University has been studying gambling habits for decades.

He agreed that online gambling had the potential to be safer, but did not think that was necessarily the case at the moment.

"They certainly could step in and stop people gambling," Dr Livingstone said.

"There's no evidence whatsoever that that's what they do."

A lot of gambling can be relatively harmless going in the office sweep for Melbourne Cup, buying a scratchy every now and then but for some people, it takes control and ruins their lives.

In case studies used in a Financial Counselling Australia study from 2015, members worked with people who had lost large sums of money betting online, including one gambler who amassed a $300,000 debt over a three-year period.

In 2019 an ABC investigation reported accusations that Bet365 was skewing its system to encourage losing gamblers while banning or restricting the winners.

This month, Oxford University research found that gambling increased the risk of death, in addition to being linked with addictive behaviour and financial problems.

The Oxford findings inspired Mr Wallace's call for change here in Australia.

"They don't want Mum or Dad to go out and blow the weekly wages at the track, or in this case online," he said.

"Banks have a social responsibility to step in and say: 'We're not going to allow this to happen any further'.

"If they won't introduce a voluntary code, I'll be recommending to my Parliamentary colleagues that we force them to do it.

"If they don't act voluntarily, they don't leave us with a lot of options."

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Online gambling lobby says 'no problem' with punting on credit as MP calls for crackdown - ABC News

Betting firm accused over ‘astroturfing’ with customer lobby group – The Guardian

A plan to amplify the positive side of betting via a handpicked group of customers has hit controversy, amid racist social media posts and allegations of similarity to controversial astroturfing campaigns.

Last month, Ladbrokes owner Entain launched an initiative called the Players Panel with the help of CT Group, the political consultancy run by Lynton Crosby, a former adviser to Boris Johnson and Theresa May.

The Players Panel, which publishes short pro-gambling articles written by Entain customers, claims that it gives a voice to the 99% of people in the UK who bet enjoyably, safely and responsibly and often go unheard.

While Entains involvement is disclosed on the Players Panel website, the companys name initially did not feature on its Facebook page, which also does not show the Entain logo.

Stakes are currently high for gambling companies, amid a government review of betting laws that has triggered a rise in industry lobbying.

Lord Foster of Bath, chair of Peers for Gambling Reform, said: Of course there are people who gamble without experiencing harm.

But if the gambling industry wants to promote examples of such people to try to avoid further curbs on their businesses, they should be more upfront that its an industry campaign.

They should also make clear how they have sampled the population to choose which people they use as examples.

The gambling debate is a highly complex one and in the current environment, the industry would do well to operate in a transparent and cautious manner.

Matt Zarb-Cousin, director of the betting reform campaign group Clean Up Gambling, suggested the Players Panel risked giving a false appearance of being a grassroots initiative set up by members of the public.

This is reminiscent of astroturfing campaigns that attempt to convey an image of a sector thats quite distinct from the reality, he said.

Crosbys CT Group, which Entain said assisted with the Players Panel, has previously been exposed by the Guardian for its involvement in astroturfing campaigns on Facebook.

Staff members said they created websites and Facebook pages which appeared to be independent online news sources with names such as Why Electricity Matters, Reporting Yemen and Londoners for Transport, which could be used to distribute highly selective information on behalf of CT Group clients. CT Group did not comment at the time.

Entain said it directly managed the Players Panel and rejected the suggestion that the group bore the hallmarks of an astroturfing operation.

The panel was organised by Entain, but the views of the panel are entirely their own and are expressed voluntarily, the company said.

Since being contacted by the Guardian, the company has updated the Players Panel Facebook page to include a disclosure that it is an Entain initiative.

Entain added members of the group were asked whether they wanted to be involved and had to volunteer to join, receiving no payment or other benefit for doing so. CT Group did not return a request for comment.

While the initiative aims to show gamblings best side, social media posts by one of the Players Panel members have raised questions about the due diligence performed by Entain when vetting people recruited for industry lobbying.

The profile of one panel member, a man from Leeds, stated: Id like to think I was the voice of the normal customer.

But his Facebook page revealed a list of favourite quotes containing a string of racist and homophobic slurs.

Entain said it had since removed the panel member, reducing its membership from five people to four.

A spokesperson for the company added: The Players Panel was created to give a voice to the 99% of gamblers in the UK who bet enjoyably, safely and responsibly, and whose views on the gambling industry often go unheard in the current debate around its future.

All members of the panel are unpaid volunteers who receive absolutely no beneficial treatment from Entain of any kind.

Entain also denied misrepresenting the views of the public about the future of gambling regulation.

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A page of the Players Panel website titled Findings lists a series of statistics indicating opposition to government interference in gambling regulation.

While some of them come from a representative sample carried out by CT Group in May 2020, others come from a survey of Entains own customers, carried out by the company.

They include findings such as: 81% believe individuals should be free to decide whether they gamble.

Entain said that the results of the survey of its own customers were marked with an asterisk to show that they came from a different sample set.

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Betting firm accused over 'astroturfing' with customer lobby group - The Guardian

DC Hospitality Group Hopes Sports Betting Will Give Them Edge – WCP – Washington City Paper

A newly formed hospitality group with two D.C. projects in the works is betting sports gambling will help draw people back to bars and restaurants once its safe to high five strangers again. Sports betting became legal in D.C. in May 2019, and the Districts first sports book opened at the Capital One Arena last year. A betting app run through the DC Lottery has gotten mixed reviews. Now smaller retail enterprises are getting into the game.

Were all interested in proving were right about something, says Jonas Singer, who co-founded Union Kitchen and now makes up one third of the team at ExPat Hospitality. He thinks studying data and crunching numbers is part of pop culture and believes Washingtonians will be eager to bet on everything from the length of the National Anthem to who returns the first kick. It doesnt have to be sleazy, he insists.

Singer is joined by Chef Tim Ma of downtown restaurants American Son and Lucky Danger and Ben Sislen of Logan Circle watering holes Kingfisher and The Crown & The Crow. Sislen also served as legal counsel to the Tin Shop bar group. The trio have spent the past two years familiarizing themselves with the ins and outs of retail sports wagering.

They think of betting as an experience-creating amenity at the sports bars theyre planning to launch in Adams Morgan and Foggy Bottom, rather than the main draw. Thats why theyre shooting for the seamless integration of technology. Patrons will be more likely to place bets on their phones or on tablets at their tables instead of visiting kiosks or windows, though the group hasnt ruled anything out. Bars can use geofencing to dictate where customers can place bets on premises.

Thats far more interesting to us and has less of an impact on our sort of aesthetic, Sislen says, reiterating that food and beverage will be the focus. Sislen describes sprawling, Las Vegas-style sports books as somewhat intimidating places with terrible carpeting. That doesnt jibe with the groups mission of being inclusive and appealing to a broad audience. Education is part of our job. So is having an interface thats intuitive.

The experience is going to be very much the same thing as walking into Lauriol Plaza, Singer adds. You see people sitting around having funan eclectic range of people across the age spectrum. Theyre going to be looking at their phones, but they might be placing a bet.

He hopes ExPat Hospitality spaces will appeal to everyone. But even if newbie and veteran gamblers come to pick the spread with a side of truffle fries, sports betting isnt a cash cow. When you hear gambling you think, Its raining money, Singer says. It helps, it doesnt hurt. But its not that much money. Its not a huge bump to our top or bottom line. Most of the money goes to the city and operators of gambling.

Theres also the challenge of addressing neighbors concerns. Not everyone wants legal gambling paired with alcohol in their backyard. Capitol Hill residents are fighting a Virginia businessmans plan to put a sports book, Handle 19, inside the former Stanton & Greene space on Pennsylvania Avenue SE.

Asked about the resistance Handle 19 is facing, Sislen says, We are great neighbors. We will continue to work hand in hand with neighborhood commissions to make sure that we operate restaurants that our neighbors are proud of. We have an excellent track record.

Ma believes differentiating themselves from others by offering sports gambling is worth the effort. What drew me to this project other than Jonas and Ben is the big lesson from the pandemic, he says. A single-threaded concept with only one draw is the first to collapse.New revenue streams, such as ghost kitchens or gourmet pantries, have been critical to survival.

Hes looking forward to working on the menus for both bars, which they hope will open before the next NFL season kicks off. (Gambling licenses may take longer than that to acquire.) The beauty about sports bar food is its all-encompassing comfort food, Ma says. Each ExPat Hospitality business will have its own personality and menu. One could focus on American Chinese food or barbecue.

Those cuisines are crowd-pleasing sure bets. But what about the groups wager that fans will rush back to sports bars after a year of comfortably watching games on their couches with beers that havent been marked up and without that too-tall fan obstructing the view?

That trend about people staying home? Sislen asks. I believe that when everyone is vaccinated, everyone is going to have that itch to watch sports with friendshigh five, hug a stranger, cheer your team on. It wasnt that long ago that the Nationals took the World Series. Being at Nanny OBriens when Howie [Kendrick] hit the ball off the post, beer was flying. Were optimistic. We see a tremendous opportunity to create amazing experiences in bars and restaurants and sports gambling is the entrance to that.

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DC Hospitality Group Hopes Sports Betting Will Give Them Edge - WCP - Washington City Paper

BGC Introduces New Rules to Limit Gambling Ads on Social Media – European Gaming Industry News

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The Betting and Gaming Council in the UK has introduced new rules aimed at preventing football clubs from using their official social media accounts to promote gambling offers.

Under the new BGC code of conduct, calls to action or links to gambling websites would not be allowed on organic tweets on the social media feeds of football clubs. The code of conduct also bans any display of direct bonuses or odds on organic tweets that cannot be solely targeted at over-18s.

The BGC is writing to the Premier League and the English Football League highlighting the new guidelines so they can make clubs aware and encourage them to apply the rules for non-BGC members. Separately, a letter will also be sent to Twitter and Facebook calling on them to introduce age-gating for all social media accounts to ensure that organic posts that include gambling adverts can only be seen by over-18s.

Brigid Simmonds, chairman of the BGC, said: Football clubs are an important part of the sporting fabric of this country, followed by millions of all ages on social media.

Our members rightly have a zero tolerance approach to gambling by under-18s, so as an industry we are understandably concerned that children may be exposed to betting adverts on Twitter.

Our new guidelines make clear the standards expected of football clubs when they post gambling promotions on social media, and I look forward to them being put into practice as soon as possible.

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BGC Introduces New Rules to Limit Gambling Ads on Social Media - European Gaming Industry News

Mo. company accused of illegal gambling sues the state – Columbia Missourian

A Missouri-based company accused of operating illegal gambling devices filed a lawsuit alleging state law enforcements crackdown on rogue slot machines is a campaign of harassment and intimidation.

Torch Electronics, LLC, filed its lawsuit Friday in Cole County against the Missouri Department of Public Safety, Missouri State Highway Patrol and the Missouri Division of Alcohol and Tobacco Control.

The company alleges the state exceeded its authority by removing Torch machines from Warrenton Oils convenience stores, as well as other locations. Warrenton Oil joined Torch in the lawsuit.

These government officials continue to threaten to remove Torch devices based solely on their own incorrect interpretations of Missouri gambling laws, the lawsuit, filed by Jefferson City attorney Charles Hatfield, states.

As such, the lawsuit continues, judicial intervention is necessary to prevent the department and the Highway Patrol from exceeding their authority by continuing to remove Torch amusement devices from convenience stores.

On Monday, the Senate briefly debated a bill sponsored by Senate President Pro Tem Dave Schatz, R-Sullivan, that would grant the Missouri Gaming Commission authority to go after these machines.

It also allows for the revocation of a liquor license of any businesses found to be allowing the machines to operate on their premises.

I just want them to stop violating the law, Schatz said of the illegal machines.

Torch Electronics opposes the bill, arguing that it would put the company out of business.

The machines in question operate similarly to what youd find in a casino. A player inserts money, selects a game and decides how much they wish to wager. Winners get paid by the store cashier.

Missouri officials estimate there are 14,000 of these machines across the state.

The Missouri Gaming Commission has deemed them gambling devices, which are prohibited outside of licensed casinos, and the state highway patrol considers them illegal.

Torch disagrees, saying its machines reveal the outcome of the wager before the player moves forward. Thus, the company argues, they are not a game of chance and therefore not illegal.

Sen. Dan Hegeman, R-Cosby, chairman of the Senate Appropriations Committee, doesnt buy Torchs argument that its machines are not illegal gambling.

Because these machines operate outside the law, Hegeman said, there are no consumer protections in place and they do not abide by the same restrictions as other slot machines including that a portion of proceeds goes to fund public education.

Im passionate about getting after these illegal machines who are stealing money from our kids for their own personal benefit, he said. It makes me mad. It makes me upset. They need to be taken out. They need to be destroyed. They need to get out of the state of Missouri.

Last year, Hegeman earmarked $150,000 in Missouri Attorney General Eric Schmitts budget to crack down on illegal gaming machines around the state.

Schmitt initially declined to spend the money until a case involving illegal gambling machines in Platte County was resolved. That case ended last month, with Kansas-based Integrity Vending paying a fine after being found guilty of promoting gambling in the first degree.

Integrity Vending chose not to appeal the ruling.

The attorney generals office then said the case proves that these cases are local matters that should be handled by local prosecutors.

Hegeman said if the attorney general doesnt spend the money, we will probably make an adjustment to that. If we give them the resources to do that, and they dont, then we will find something else to do with it.

The attorney generals office declined comment.

I heard for two years that we need to wait for the Platte County case. As soon as that is adjudicated, well take action, Schatz said Monday. Well, that case is resolved.

In addition to filing a lawsuit, Torch Electronics also earlier this month donated $10,000 to a political action committee connected to its lobbyist, Steve Tilley.

Last summer, the company gave $90,000 to a different PAC connected to Tilley, and that money was doled out to various lawmakers in the run-up to the November election.

Tilley is also a longtime friend and adviser to Gov. Mike Parson, as well as one of his top fundraisers. Torch donated $20,000 to a PAC supporting Parsons bid for governor.

In its lawsuit, Torch is asking a Cole County judge to declare that its machines are not gambling devices and that the state overstepped its authority when it removed machines from convenient stores.

The company also wants the judge to prevent the state from removing or participating in the removal of any Torch machines from convenience stores moving forward.

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Mo. company accused of illegal gambling sues the state - Columbia Missourian

With new bills aimed at loosening Florida’s gambling restrictions, sports betting could be coming to cruise ships – Creative Loafing Tampa

Image via Princess CruisesWith states now facing pandemic-impacted budgets, some are looking at expanding gambling as a way to make up the difference.Since 2018,when a federal statute restricting regulated sports betting was ruled unconstitutional,more than aquarter of all stateshave legalized sports betting in some fashion.Three billshave been filed in Florida to legalize sports wagering. Now cruise lines are looking at the same tool to help them recover from more than a year of no cruises.

Princess Cruisesannounced plansto become the first cruise line to offer onboard sports wagering. Betting will take place via a custom app onboard all MedallionClass ships. Princess has pushed its mobile and tech offerings in recent years with itsOcean Medallion program. The medallions are similar to Disneys MagicBands with an RFID-enabled chip that enables touchless interactions. The quarter-size medallions are linked to a custom app on which passengers can order food or beverages, find others in their party, use interactive maps, watch television, and play games.

Multiple casino games are also available via the Ocean Casino app developed via a partnership with gaming technology firm Miomni. The Ocean Casino app, part of the OCEAN Guest Experience Platform, will now include a sports wagering section.

A fully connected guest experience now goes well beyond a superior Wi-Fi position, and Ocean Sportsbook reinforces the unparalleled position MedallionClass enjoys in the industry, said John Padgett, chief experience and innovation officer for Carnival Corporation. Wagering is now seamlessly fused into the overall guest experience in both digital and physical interactions all powered by the OCEAN Guest Experience Platform.

Like other onboard gambling, it will only be available when in international waters, or, according to Princess, wherever permitted by law. Guests will be able to bet on both sporting events that take place during their cruise and one future one that may occur after it. Princess MedallionClass ships have ship-wide Wi-Fi and are designed for passengers who want to remain connected to their devices.

Princess Cruises parent company Carnival Corp. is affiliated with the Miami Heat, so bets on NBA events involving the Heat are unavailable.

Carnival has so far limited the sports betting to its more upscale Princess Cruises. Sports betting is available on the MedallionClass ships. The cruise line has used the current pause to install the MedallionClass featuresonto more of its vesselswith the full fleet to feature the technology. The cruise line has pushed touchless technology as a health advantage in the age of COVID.

Seeking Alphas senior editor,Clark Schultz, believesthat sports betting will spread to other cruise lines, including Norwegian and Royal Caribbean. All major cruise lines have onboard Wi-Fi making a move to mobile gaming easy.

Sports wagering is expected tocontinue increasingin the coming years.In 2019, Buffalo Wild Wingslaunched a partnershipwith MGM Resorts that allows diners in select locations to bet on games via MGMs digital gaming platform, BetMGM. Dave & Busters has alsoexpressed an interestin sports betting.

Its still too early to know if FloridaSenate Bill 392, which aims to legalize sports wagering in the state, will pass. The legislative session begins March 2.

This article first appeared at our sister publication Orlando Weekly.

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With new bills aimed at loosening Florida's gambling restrictions, sports betting could be coming to cruise ships - Creative Loafing Tampa

How will Brexit affect online gambling in the UK? – European Gaming Industry News

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Back in June 2016, the United Kingdom voted to leave the European Union. After several years of protracted negotiations and fraught politics, this vote was finally followed through on 31 January 2020, with the transition period ending on 31 December.

Brexits impact on life in the UK is hard to overstate and few industries in the country have not been affected by the change in regulations. However, the gambling sector is one of the exceptions. The list of UK online casinos is long, which means that any changes to the way it functions could have a significant effect on the economy as a whole. Fortunately, early signs suggest that Brexit is set to have a comparatively minimal impact on the industry.

Saying that, there is likely to be some small changes. In this article we will speculate about exactly how the severing of ties with the EU could affect British gambling companies in the future.

Unlike many other industries, gambling has never been centrally regulated by the EU. Because of this, Brexit is unlikely to have much of an impact on online casinos and sportsbooks in a legislative sense.

Currently, gambling operators must receive a license from the UK Gambling Commission. This scrupulous body ensures that all operators are operating both safely and fairly and it is in no way tied to the EU. Because of this, the only impact that Brexit is likely to have on UK gambling is to further differentiate it from how other countries on the continent operate.

What is certain to affect the sector in the near future is the upcoming review being undertaken by the Commission. This is the widest sweeping report that has been conducted in the countrys gambling laws in recent memory and reports suggest that the recommendations will be far reaching.

Number 10 are likely to back the report, with Boris Johnson thought to be a personal supporter of revised gambling regulations.

Indirectly, the UKs exit from the European Union may have an impact on the gambling industry by leading to a talent drain. Brexit has ended freedom of movement across the EU in Britain with all immigrants now required to accrue a certain amount of points in a Australian style system, in order to be eligible for a working visa.

These added restrictions to the movement of labour could dissuade the brightest workers in Europe from coming over to the UK to work driving down industry standards in the process.

Another key talking point regarding Brexit and the UK Gambling industry is the uncertain status of the UKs overseas territory, Gibraltar. The Rock is home to a significant number of online casinos and gambling companies, thanks to its attractive tax rate.

However, a significant amount of the workers in the industry actually commute to the Island from Spain. This practice could be disrupted if Gilbraltars freedom of movement is curtailed due to Brexit. It goes without saying that this would have a drastic, knock-on effect on the UKs gambling industry.

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How will Brexit affect online gambling in the UK? - European Gaming Industry News

Dozens of arrests made in bust of illegal gambling operation at Anaheim furniture store – KTLA

Around 70 people were arrested after an illegal gambling operation in the back of a furniture store was busted in Anaheim Wednesday, police said.

The raid around 10 a.m. near the corner of Lincoln Avenue and Euclid Street was the result of a two-month investigation spurred by dozens of complaints, according to the Anaheim Police Department.

From the outside, the nondescript building appeared to be a typical furniture store. But that faade was shattered as a SWAT team responded to the scene.

A man named Jay, who didnt want to give his full name, told KTLA he was inside when police arrived Wednesday morning and people began breaking out the front windows to escape.

They just went for it, he said. I mean, its a gamble this whole place is about gambling, right?

Community members regularly called police to report suspicious vehicles and activity at the location, said Anaheim police Sgt. Jake Gallacher.

This type of thing is going on 24 hours a day, seven days a week, he said. So it is affecting our community and the quality of life of our residents.

Authorities set off gas as they raided the building to ensure it was cleared before officers entered. Police themselves had to wait a while for the gas to clear, and remained on scene investigating after 3 p.m.

No further details were available.

Cell video shows people inside alleged illegal #gambling house break windows to try & escape as @AnaheimPD moves in to break the operation up this morning. About 70 people inside arrested. From front, building near Lincoln & Euclid looks like a furniture store @KTLA pic.twitter.com/T8qU1Rn2MR

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Dozens of arrests made in bust of illegal gambling operation at Anaheim furniture store - KTLA

Gambling bill tops list of tough issues when Alabama Legislature returns to work – AL.com

Alabama lawmakers finished what they considered urgent business the first two weeks of the legislative session, passing three bills related to the COVID-19 pandemic with overwhelming bipartisan support, but face more controversial topics in the weeks ahead.

They will first take a week off to evaluate how well efforts to meet safely during the COVID-19 pandemic are working.

If they dont find problems and return as expected on Feb. 23, they will dive into a plan for a lottery and casinos, a major gambling expansion that would raise a half-billion dollars or more a year for state programs.

The money would go to college scholarships for high-demand careers, expand access to broadband internet, support health care and mental health care, and other needs.

The bill is a constitutional amendment that would go to voters for a final decision if it clears the Legislature.

Besides the gambling bill, legislators will consider a range of bills on other timely or controversial topics, including Alabamas overcrowded and violent prisons, election law changes related to last years disputed presidential election, and issues that come up every year, such as gun control laws and medical marijuana.

Bills awaiting consideration would:

The legislative session can last up to 15 weeks, or until mid-May.

Some of the bills are likely to cause sharp disagreements. That will be a change from the last two weeks, when Republicans and Democrats, with just a handful of exceptions, voted for three priority bills to help the state cope with and recover from the pandemic.

On Friday, Gov. Kay Ivey signed the three bills. They will:

House Speaker Mac McCutcheon and Senate President Pro Tem Greg Reed said the legislation is an important response to the pandemic, which cut short last years legislative session and killed those bills and others.

I think we accomplished what we needed to do, McCutcheon said. We got the three major bills out between the House and the Senate.

Weve had good progress on our budgets. And honestly, what we have gotten done over these two weeks has just really been phenomenal. Weve done better than I even thought we would do.

Reed sent out a statement saying the session was off to a strong start.

These are trying times for many across our state, and the Legislature, working with the governor, identified these three pieces of priority legislation to help Alabamians recover from the economic hardships endured throughout this pandemic, he said.

While these have been a strong first two weeks of session, we still have a lot of important work ahead of us. I look forward to continuing the bipartisan collaboration we have seen over the past few weeks as we continue to deliver results to the people of Alabama.

The Senate elected Reed as pro tem when Sen. Del Marsh stepped down after holding that post for a decade. Marsh, who is not running for reelection in 2022, said he wanted to concentrate on major legislation during his last two years in office. He is the sponsor of the constitutional amendment to allow a lottery and five casinos that would offer a full range of casino games and sports betting.

The Legislative Services Agency estimated the lottery and casinos could raise net revenue for the state of $450 million to $670 million. Read the fiscal note, which describes how the money would be used.

Senators discussed the bill Thursday but did not vote. Marsh said he expected to make changes to the bill in response to what he has heard from senators, representatives, and others, and would return with a revised version on Feb. 23.

Ive got to determine what is a package that I can truly, one, get through the Legislature and get to the people, Marsh said. And when they look at it they can say, They checked all the boxes. Im comfortable with this. I believe the money is going to the right places.

Alabama voters have not had a chance to vote on a lottery since 1999.

The Legislative Services Agency estimated the lottery would raise net revenue of $194 million to $279 million a year for the state. The money would go to a Lottery Trust Fund that would be used to pay for scholarships to community colleges. The intent is to help Alabama build a workforce needed to fill high-demand jobs in growing industries like automotive plants and aerospace companies. Scholarships would also go to students seeking teaching degrees in math and science, where there is a shortage of teachers.

The Legislature would hammer out more details in separate legislation. Marsh said his intent is to pass that before the amendment goes on the ballot so that voters will know the specifics.

The bill would allow casinos at the states four greyhound tracks in Birmingham, Macon County, Greene County, and Mobile, plus a fifth in northeast Alabama operated by the Poarch Band of Creek Indians.

Senators who spoke Thursday generally praised the bill but some complained that their districts would have no casino and would lose revenue they now receive from bingo. The bill would prohibit electronic bingo except at the casinos.

Marsh said he might change the bill to allow up to two more casinos but said he strongly believed that voters want a limit on the number.

For several years, lawmakers have taken steps to expand high-speed internet access. They created the Alabama Broadband Accessibility Fund to offer grants to help bring fiber connections to areas where providers might not otherwise serve because theres not enough return on the investment. But the funding is a fraction of what is needed. The pandemic has reinforced the importance of broadband, with public schools switching to online classes and many adults working from home.

Marshs bill would apply almost half of the revenue from casinos to broadband expansion until that total reached $1 billion. A companion bill would set up a new state agency, the Alabama Digital Expansion Authority, which would develop short-term and long-term plans to expand broadband and enable the state to issue bonds for that purpose. Read the summary.

The gambling bill would also direct money to rural health care. Marsh said Ivey wanted that to be part of the plan because she wanted to help rural hospitals.

Funding would also go to mental health services. Marsh said that was the result of discussions with House Majority Leader Nathaniel Ledbetter, who has led efforts to expand mental health care.

If the plan is approved, the governor would enter a compact with the Poarch Band of Creek Indians that would allow the tribe to offer the full range of casino games at their electronic bingo casinos on tribal land in Atmore, Wetumpka, and Montgomery.

The plan would also authorize betting on sports events at the casinos and online.

Marsh said he wanted his bill to be as close to a final document as possible if it passes the Senate but said he understand the House will probably want to make changes.

House Speaker McCutcheon did not commit to supporting the bill or speculate on it. McCutcheon said the comprehensive nature of the bill -- with the lottery, the Poarch Band of Creek Indians, the four greyhound tracks, and county-based bingo all included -- is an important stating point.

It would be too early for me to start making a comment about what I would support and what I would not support, McCutcheon said. I do know, and Ive said this from the very beginning, is that weve got to bring all of these different entities together where we can sit down at the table and not fight against each other but try to look for the things that bring us together so that we could have a hope of passing something.

Prisons are a major topic. The Department of Justice sued the Alabama Department of Corrections last year, alleging that the state violates the constitutional rights of inmates by failing to protect them from violence. Alabamas prisons hold far more inmates than they were built for and their supervision suffers from a severe shortage of correctional officers.

The House Judiciary Committee has approved about a half-dozen bills related to the prison problems. They would give judges more discretion in sentencing parole violators; allow some nonviolent offenders to petition courts for shorter sentences; promote community corrections and other programs that divert offenders from prison; and temporarily create a second parole board to help relieve a backlog of inmates eligible for parole hearings.

McCutcheon said he expects those bills to receive consideration in the House.

Ivey has signed lease agreements for two new mens prisons and is negotiating a third. The leases do not require legislative approval. Legislators have said they are worried about the cost, projected at about $3 billion over 30 years. McCutcheon said the House has a backup plan to the lease agreements, but no bill has been introduced.

At least two bills propose changes to a law that prohibits cities and counties from moving historical monuments that are 40 years old or more from public property. The Legislature passed the Memorial Preservation Act in 2017 in response to Confederate statues coming down in other states. The law imposes a $25,000 fine for removal of monuments. Still, Birmingham, Mobile, and Madison County all took down Confederate monuments last year.

The House Judiciary committee did not approve a bill by Rep. Juandalynn Givan, D-Birmingham, that would repeal the Memorial Preservation Act and allow cities and counties to move monuments to parks, cemeteries, or similar sites, or transfer ownership to other cities, counties, or a state agency. But the bill is in a subcommittee and could still be considered.

Another bill takes the opposite approach, making it harder to move monuments by increasing the penalties for removal. Rep. Mike Holmes, R-Wetumpka, is the sponsor.

McCutcheon said he did not want to speculate on what the House would do but said he expects representatives to debate the issues.

I think that there is a good possibility that that issue is going to be addressed. And I think theres a good possibility there may be some changes. To what extent that will be, I dont know, McCutcheon said.

The speaker said Givans bill had some merit because it would increase local control but did not endorse it.

A lot of the members have talked about thats a positive, they would like to see more local control because every area is not the same in the state. But, there again, the bills got to go through the process, McCutcheon said.

A Senate committee approved a bill that would prohibit puberty-blocking drugs, hormone treatments, and surgeries for minors seeking transgender therapy. The House Judiciary committee held a public hearing on a similar bill but did not take a vote.

A bill to legalize and regulate the production, sales, and use of medical marijuana products won approval by a Senate committee and awaits consideration by the Senate. It has passed the Senate the last two years but died in the House.

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Gambling bill tops list of tough issues when Alabama Legislature returns to work - AL.com

Mo. company accused of illegal gambling sues the state – Griffon News

A Missouri-based company accused of operating illegal gambling devices filed a lawsuit alleging state law enforcements crackdown on rogue slot machines is a campaign of harassment and intimidation.

Torch Electronics, LLC, filed its lawsuit Friday in Cole County against the Missouri Department of Public Safety, Missouri State Highway Patrol and the Missouri Division of Alcohol and Tobacco Control.

The company alleges the state exceeded its authority by removing Torch machines from Warrenton Oils convenience stores, as well as other locations. Warrenton Oil joined Torch in the lawsuit.

These government officials continue to threaten to remove Torch devices based solely on their own incorrect interpretations of Missouri gambling laws, the lawsuit, filed by Jefferson City attorney Charles Hatfield, states.

As such, the lawsuit continues, judicial intervention is necessary to prevent the department and the Highway Patrol from exceeding their authority by continuing to remove Torch amusement devices from convenience stores.

The lawsuit comes as Missouri legislative leaders are pushing for tougher regulations to root out illegal gambling machines across the state.

On Monday, the Senate briefly debated a bill sponsored by Senate President Pro Tem Dave Schatz, R-Sullivan, that would grant the Missouri Gaming Commission authority to go after these machines.

It also allows for the revocation of a liquor license of any businesses found to be allowing the machines to operate on their premises.

I just want them to stop violating the law, Schatz said of the illegal machines.

Torch Electronics opposes the bill, arguing that it would put the company out of business.

The machines in question operate similarly to what youd find in a casino. A player inserts money, selects a game and decides how much they wish to wager. Winners get paid by the store cashier.

Missouri officials estimate there are 14,000 of these machines across the state.

The Missouri Gaming Commission has deemed them gambling devices, which are prohibited outside of licensed casinos, and the state highway patrol considers them illegal.

Torch disagrees, saying its machines reveal the outcome of the wager before the player moves forward. Thus, the company argues, they are not a game of chance and therefore not illegal.

Sen. Dan Hegeman, R-Cosby, chairman of the Senate Appropriations Committee, doesnt buy Torchs argument that its machines are not illegal gambling.

Because these machines operate outside the law, Hegeman said, there are no consumer protections in place and they do not abide by the same restrictions as other slot machines including that a portion of proceeds goes to fund public education.

Im passionate about getting after these illegal machines who are stealing money from our kids for their own personal benefit, he said. It makes me mad. It makes me upset. They need to be taken out. They need to be destroyed. They need to get out of the state of Missouri.

Last year, Hegeman earmarked $150,000 in Missouri Attorney General Eric Schmitts budget to crack down on illegal gaming machines around the state.

Schmitt initially declined to spend the money until a case involving illegal gambling machines in Platte County was resolved. That case ended last month, with Kansas-based Integrity Vending paying a fine after being found guilty of promoting gambling in the first degree.

Integrity Vending chose not to appeal the ruling.

The attorney generals office then said the case proves that these cases are local matters that should be handled by local prosecutors.

Hegeman said if the attorney general doesnt spend the money, we will probably make an adjustment to that. If we give them the resources to do that, and they dont, then we will find something else to do with it.

The attorney generals office declined comment.

I heard for two years that we need to wait for the Platte County case. As soon as that is adjudicated, well take action, Schatz said Monday. Well, that case is resolved.

In addition to filing a lawsuit, Torch Electronics also earlier this month donated $10,000 to a political action committee connected to its lobbyist, Steve Tilley.

Last summer, the company gave $90,000 to a different PAC connected to Tilley, and that money was doled out to various lawmakers in the run-up to the November election.

Tilley is also a longtime friend and adviser to Gov. Mike Parson, as well as one of his top fundraisers. Torch donated $20,000 to a PAC supporting Parsons bid for governor.

In its lawsuit, Torch is asking a Cole County judge to declare that its machines are not gambling devices and that the state overstepped its authority when it removed machines from convenient stores.

The company also wants the judge to prevent the state from removing or participating in the removal of any Torch machines from convenience stores moving forward.

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Mo. company accused of illegal gambling sues the state - Griffon News

Will Gambling Proceeds Support Education in Texas? – Reform Austin

In 1991 one of the big questions the State of Texas faced was whether legislators should allow a lottery to help fund some of the states needs. Many supporters of the lottery promised that proceeds could be used to help fund public schools so during the first special session of the 72nd Texas Legislature House Bill 54 and House Joint Resolution 8 called for a vote on the lottery. The following November, Texas voters approved Proposition 11 allowing the institution of the Texas Lottery.

Today we face a similar issue in the state with those who want to allow sports betting. In January of this year House Bill 1121 was filed by Rep. Harold Dutton in the Texas House of Representatives to allow sports betting in Texas. Behind the push for the bill is the Sports Betting Alliancea coalition of sports betting franchises and platforms. Major sports teams, including the Dallas Cowboys, the Dallas Mavericks, and the Texas Rangers are working with them to ensure that the bill passes.

According to his office, Rep. Dan Huberty is working on another sports-betting bill that would use some of the proceeds for special education. While 90% of the proceeds would go to bettors the other 10% would go to fund education for special needs students. The bill could generate several hundred million dollars, according to Huberty. The bill has currently been drafted but not filed.

Opponents of sports betting in Texas include owners and operators of gambling venues in neighboring states like the Chickasaw and Choctaw Nations from Oklahoma. The two tribes have given over $5 million to Texas legislators since 2006 to stop gambling in the state. An opponent with strong political clout is Lt. Governor Dan Patrick, who recently stated that sports betting is not even an issue thats going to see the light of day this session. While Patrick has let it be known that he is not a proponent expanding legal gaming, he indicated that the Senate is not supportive of it this session, stating We are nowhere close to having the votes for it.

But many ask, if sports betting were to pass in Texas, would we use the funds to support public education? How we distribute funds from the Texas lottery may provide a hint. Close to 26% of lottery funds are currently allocated to the Foundation School Fund to support Texas public schools, accounting for about 5% of the funds budgeted for public education. The lions share of lottery proceeds around 62% go to lottery winners. Historically, at least some lottery proceeds have gone to public schools. Whether it is the amount that was promised by some or expected by many is another story.

Finally, some wonder if we should use gambling proceeds for public schools from a moral standpoint while others feel the additional revenue outweighs and such problem. An old joke tells the story of a gambler offering a portion of his winnings to a minister. The preacher pondered it for a moment and then said, The devil has had it long enough. Give it here!

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Will Gambling Proceeds Support Education in Texas? - Reform Austin

Novak Djokovic ‘gambling’ on fitness after Australian Open win over Raonic – The Guardian

Novak Djokovic says he could potentially cause more damage to his body by continuing to compete at the Australian Open following the abdominal injury he sustained during his third-round match against Taylor Fritz. On Sunday the world No 1 returned to beat Milos Raonic 7-6(4), 4-6, 6-1, 6-4.

After stating following his match against Fritz on Friday night that the ATP physio had told him his injury was definitely a tear, on Sunday he declined to describe his injury in detail. He said he had spent the previous 48 hours doing different treatments with different devices, including pills and painkillers, having coordinated with medical staff of Tennis Australia, ATP physios and his own physiotherapist.

Its kind of a gamble, said Djokovic. I mean, thats what the medical team told me. Its really unpredictable, you cant know whats going to happen with you once youre on the court. Youre not gonna save yourself or think about going for that point or this shot or that shot. It just pulls you. Its normal. Playing at this level, you just want to give it all.

It could cause much more damage than it is at the moment, but it also could go in a good direction. So thats something that I dont know, and I dont think I will also know until I stop taking painkillers. As long as Im with high dose of painkillers, I guess, you know, still can bear some of the pain.

Djokovic said he did not know whether he would play until a few hours before the match but he produced a highly competent performance to overcome Raonic. Although he sometimes grimaced, he won 78% of first serve points, fired 41 winners to just 25 unforced errors, moved smoothly and broke Raonics considerable serve three times.

Playing best-of-five with kind of an aggressive mover that I am on the court doesnt help much with this kind of injury, but I think the combination of pills and treatments and also some willpower and of course certain degree and level of bearing the pain. Mentally I think you have to kind of accept that I did come into the match knowing that Ill probably feel pain all the way through, which was the case, said Djokovic.

Injuries were the theme of the day as the 21st seed Grigor Dimitrov produced a shock 6-4, 6-4, 6-0 victory against the third seed Dominic Thiem to reach the quarter-finals. Thiem offered little energy or resistance throughout, scoring just six points in the 21-minute third set. Afterwards, he noted physical issues but declined to further elaborate.

Some little physical issues, he said. I dont want to go closer to them. I dont want to find any excuses. But the thing also is that Im also not a machine. I mean, sometimes I would like to be, but there are really, really bad days. As soon as youre not a 100% there on the court on this level, then results like this come up and thats exactly what happened today.

Dimitrov will face the surprise of the tournament, Aslan Karatsev, a 27-year-old Russian qualifier who defeated the 20th seed Felix Auger Aliassime 3-6, 1-6, 6-3, 6-3, 6-4 to become the first male player in 25 years to reach a grand slam quarter-final on debut.

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Novak Djokovic 'gambling' on fitness after Australian Open win over Raonic - The Guardian

Opinion | Marshs gambling bill is already good, but it could be great – alreporter.com

The comprehensive gambling bill filed this week by Republican state Sen. Del Marsh is a good bill. That statement will undoubtedly anger both many of my progressive friends, who view gaming and specifically, a states reliance upon gaming revenue to pay important bills as a tax on the poor, and many anti-gaming conservatives, who believe gambling in any form is a sin (except for, of course, the church raffles and the church bingo).

But both groups, while likely well-intentioned, are off-base. Their arguments are superficial and ignore key, indisputable facts about the current gaming reality in Alabama, and about how legalizing gaming in this state could drastically alter the tax structure and opportunities facing the states poorest citizens.

So, first things first, lets explain the bill and what it does. The short version is that it would authorize voters to approve a constitutional amendment allowing for a lottery, full casino gaming at five locations, a compact with the Poarch Band of Creek Indians that would allow three additional full casinos and would allow all casino locations to operate a sports book. It also creates a new gaming commission to oversee all of this gaming.

All told, this gaming bill is projected to bring in somewhere in the range of $750 million to $1 billion annually. That money will go towards a college scholarship program (similar to Georgias HOPE program), IT infrastructure, rural health care, mental health care and the general fund.

To determine if this is a good bill, I have three questions that must be answered:

Lets start from the top.

Marshs bill probably has the best chance of passing of any gaming bill that has come along in at least the last 15 years. There were a couple of close calls on video poker bills in the 90s, and then more near-misses in the early 2000s, but nothing that had the backing of several major players. And certainly nothing this ambitious.

There are two reasons why: First, the Poarch Creeks and the dog track owners sat down and reached an agreement. Second, the agreement spreads the wealth around to several different districts, making it far more likely that they can eliminate wishy-washy lawmakers by promising millions in revenue and thousands of jobs for their areas.

People can ignorantly whine about the dog tracks getting casinos, but you wouldnt have a deal otherwise. Because those tracks are huge money-makers for the local communities the very poor and economically depressed local communities and have been for decades. So, the lawmakers representing those areas protect the jobs of their constituents, as they should.

Historically, that has meant that no gaming or lottery bill gets through unless the tracks are included. Alternatively, until this deal, the tracks getting a piece of the pie has always been a non-starter for the Poarch Creeks, who didnt want to see their potential revenue diluted.

But over the last year-plus, the right people from those two groups got together and hammered out a compromise that didnt make any of them completely happy, but will ultimately make them and the state of Alabama a lot of money. Assuming this deal passes and voters approve it.

There are a few problems here. Overall, I think the bill strikes the correct tone, in terms of where the money goes, but the pathways to those locations arent clearly defined. And a couple of locations need to be changed, or at the very least the amount of money going to those locations changed.

What constitutes rural health services or mental health services isnt defined at all, and it needs to be. Or you could remove the rural services and simply expand Medicaid a move that would help every area of the state and would also generate billions of dollars and thousands of jobs.

Also, Id like to see the distribution of revenue altered to allow a repeal of the grocery tax and make it clear that career tech and certification programs can be covered by the lottery revenue, in addition to the college scholarships.

Theres enough money to do those things and still also improve our IT infrastructure and expand broadband throughout the state. Depending on the compact deal worked out between the tribe and Gov. Kay Ivey, there might also be enough to offer free pre-K to all Alabama children.

If we get anywhere close to this level of change, you have just fundamentally altered for the better the future of millions of Alabamians for generations to come.

Marshs bill taxes casinos at a 20 percent rate. Thats pretty close to average. Most other states have a variety of tax rates for example, taxing gaming machine revenue at a much higher rate than table game revenue making it difficult to assign an overall tax rate, but of those with flat rates, the rates vary from mid-teens to 30 percent.

That rate can be adjusted in the future, if needed. Although, the Poarch Creeks are currently (and rightfully) making the case that the rates shouldnt be changed during a licensing term.

So, thats it. Thats why I think its a good bill now, and one that could be life-altering for this state with just a few changes in revenue disbursement.

But theres also one other thing that I need people to understand: We already have gambling in this state.

Whenever this debate pops up, the go-to argument for gaming supporters is that theres gambling in states all around us. But you dont have to go that far. The Poarch Creeks already operate three casinos in Alabama. VictoryLand, GreeneTrack, the Birmingham Race Course and various smaller locations around the state also are already offering some form of gaming. So, theres already gambling occurring at seven of the eight proposed casino locations.

And that means all of the negative aspects of gaming that you complain about, we already have them here. What we dont have is revenue that would allow the state to implement changes that could positively affect all Alabamians, particularly poor Alabamians, and offset some of that harm.

That only comes by passing good, comprehensive gaming legislation that legalizes gambling at certain locations, regulates it and taxes it.

Marshs bill does that.

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Opinion | Marshs gambling bill is already good, but it could be great - alreporter.com

State trooper, three others charged with illegal gambling, prostitution – WNEP Scranton/Wilkes-Barre

The charges stem from an investigation into Sinners Swing Gentlemen's Club in Mayfield.

MAYFIELD, Pa. A state trooper in Lackawanna County is one of four people charged with illegal gambling and prostitution.

Investigators say Trooper Robert Covington, 45, of Olyphant, is a co-owner of Sinners Swing Gentleman's Club in Mayfield.

State police say an investigation revealed the club was being used for illegal gambling, prostitution, and money laundering.

Co-owner David Klem, 38; club manager Michael Ball, 48; and club employee Deanna Tallo, 31, were also charged.

Of the four people arrested on Thursday, one is a Pennsylvania State Trooper, one is a convicted drug dealer, and another pleaded guilty to smuggling drugs into the Lackawanna County Prison.

They're all accused of running an illegal operation out of a gentlemen's club in Mayfield since 2018.

Sinners Swing Gentlemen's Club co-owner David Klem flashed a smile at our cameras as he left the Lackawanna County Criminal Justice Center, followed by the three others who were charged with running an illegal gambling and prostitution ring out of the club in Mayfield.

One of the four arrested is Trooper Robert Covington, a 13-year veteran of the Pennsylvania State Police, who's assigned to enforce gambling regulations at Mohegan Sun Casino in Wilkes-Barre.

Investigators say Trooper Covington and David Klem own the club together.

Michael Ball is the club's manager, and Deanna Tallo is an employee.

After a year and a half long investigation, state police convinced a grand jury that these four people were running a corrupt organization and laundering money to cover it up.

Sharon Earyes works at an auto repair shop across the street from the club. She was surprised to learn of the illegal activities that were allegedly taking place there.

"If they were doing something bad, they did a very good job of keeping it secret because we didn't know anything," Earyes said. "I really didn't see much action over there. At night, we'd come by after dinner, and there'd be no cars in the lot, maybe one or two in the back you figure are employees. But in all honesty, I thought the place was closed."

Two of the four people arrested have a criminal history.

David Klem did time for using his pizza shop in Olyphant as a front for a drug trafficking operation. He was released on parole in 2015.

Deanna Tallo pleaded guilty in 2019 to smuggling drugs to inmates in the Lackawanna County Prison. Her sentencing in that federal case is scheduled for April.

According to court paperwork, Trooper Covington sent a text to another state trooper in February of last year, saying, "did I tell you I'm a silent partner in a strip club? I went halves with my friend in 2018. I told him I can't have any hand in daily operations till I hit my 20 yr mark lol. I'm almost making my PSP salary there."

Covington is currently suspended without pay from the Pennsylvania State Police.

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State trooper, three others charged with illegal gambling, prostitution - WNEP Scranton/Wilkes-Barre

Conn. expects $50M in revenue from online gambling; tribes close to deal with state – The Union Leader

HARTFORD, Conn. -- Gov. Ned Lamont penciled in $50 million in revenue from new digital gambling platforms in his two-year budget released Wednesday, betting that the legislature and Connecticuts two tribal casinos will approve sweeping changes in the states gambling enterprises.

The governor, legislative leaders, Mohegan Sun and Foxwoods Resort Casino have negotiated unsuccessfully in the past few years an agreement to expand gambling to digital platforms such as the internet, phone apps and sports betting. The sides now are close to agreement, prodded by a shared need for revenue cut sharply by the economic downturn caused by the coronavirus pandemic.

Our neighboring states are moving forward with sports betting and iGaming and Connecticut should not leave these opportunities for other states to benefit from our inaction, Lamont said in his budget address to the General Assembly.

Lamonts budget anticipates revenue from sports betting, iGaming and iLottery.

Rodney Butler, chairman of the Mashantucket Pequot Tribal Nation, which owns Foxwoods, said the governors revenue projection based on sports betting and digital gambling shows a level of commitment.

Butler said the Lamont administration and casinos are really, really close in reaching agreement on legislation.

Were at the one-yard line. We just need to punt it in, he said.

James Gessner Jr., chairman of the Mohegan Tribe, said said Connecticut is poised this year to modernize its gaming laws, realize significant new state revenue and grow our local economy, just as neighboring states are already doing.

Even as the tribes negotiate with Lamont, money the governor budgeted in his spending plan is very much achievable through an agreement with the tribal nations, he said.

Lamont said his administration has been in active negotiations with the tribes to bring the states gaming economy into the digital age. He said he is submitting legislation that he believes is the best bet in ending this stalemate of inaction.

The $50 million in expected revenue for the fiscal year beginning July 2022 is a conservative estimate and will likely grow with added digital gaming, he said.

Melissa McCaw, Lamonts budget director, said at a budget briefing that modernizing the industry is critically important.

We believe theres alignment with our tribal partners on that goal, she said.

The tribes say their state compacts that have resulted in more than $8 billion in slot revenue to Connecticut since the early 1990s gives them exclusive rights to gambling. Commercial operators of casinos and sports betting are fighting efforts that would block them from competing for gambling business.

Sports betting operates in 20 states, including in neighboring New York and Rhode Island and nearby New Hampshire, New Jersey and Pennsylvania, according to the American Gaming Association.

Its legal, but not yet operating in five states.

In New Jersey, internet gambling generated nearly $1 billion in revenue last year, doubled from 2019, and delivered $145 million to the state, according to Howard Glaser, global head of government affairs and special initiatives at Scientific Games Corp., a Las Vegas gambling and lottery company.

In Pennsylvania, online lottery sales were $1 billion by May 2020 after its first year, he said.

Distributed by Tribune Content Agency, LLC.

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Conn. expects $50M in revenue from online gambling; tribes close to deal with state - The Union Leader

Saudi Cup Gambling Analysis and Picks – The Sports Gambling Podcast

The worlds richest horse race, the $20 million Saudi Cup, holds its second running on Saturday. The Kingdom have done what theyre known for, built a state of the art facility and thrown a shed-load of money at an event. The race fits into the racing calendar in the region and provides competition for the other Gulf states who hold their racing festivals at this time of the year. Its a two day meeting with a wide range of events. Were here to concentrate on Saturdays main attraction heres your Saudi Cup Gambling Analysis and Picks.

The King Abdulaziz course in Riyadh is a new track so we dont have a ton of data, but in this instance we dont really need it. Its your standard left handed dirt oval, the 9f event held around one sweeping turn. Jockeys have been very complimentary about the surface and its lack of kickback. In short, therell be no excuses here. Theres not a huge field so everybody should be able to run their race. Maximum Security won last year having stalked the pace. Midnight Misu finished second having come from way back. The nine furlong trip looked to be a true test so Id want a horse with a bit of stamina and guts. Try and give the undercard a watch if you can, therell be clues on both days and you can pivot if there is an obvious trend.

Charlatan 7/4. Trained by Bob Baffert, Charlatan is 4 for 4. Having missed the Triple Crown races through injury, he returned from an eight month layoff to win the Malibu Stakes at Gulfstream in January. That was over seven furlongs, but the horse has won over this trip and that Malibu win was impressive. He could be anything and is a worthy favorite.

Knicks Go 9/4. Brad Cox trains this Pegasus World Cup winning star. I found his Breeders Cup Dirt Mile win even more impressive, going wire to wire and setting a track record. Hell be the one to catch and sets a daunting standard.

Mishriff 6/1. He hasnt been seen since finishing down the field in the Champions Stakes at Ascot. The horse overcame traffic to win the Prix du Jockey Club impressively, and trainer John Gosden has said the hed like a wide draw in order to drop in behind and pick his position. I think the layoff and lack of big race dirt experience may prove too much to overcome here.

Tacitus 11/1. Ran in this race last year and was always near the front without getting truly competitive. The horse doesnt have a Grade 1 winning record and I think we can expect more of the same here.

Military Law 12/1. He won a Grade 2 at Meydan and won it really well, though has previously finished behind horses not good enough to take this.

Chuwa Wizard 14/1. The Japanese raider interests me. Won an invitation here by taking the Grade 1 Champions Cup over todays trip at Chukyo. He travelled well and came home from midfield to win cozily. If anything is going to come from the back this might be the one.

Max Player 16/1. (pictured) Became a SGPN darling after filling out exotic placings in last years Belmont Stakes. He was the only horse to compete in all three Triple-Crown races, running with credit each time. However, we get it now. Max Player will run well and finish fifth.

Sleepy Eyes Todd is admirable but wont win today. Bangkok has taken an interesting route having won the Lingfield Winter Derby Trial in the UK, however this is a huge leap in class and its hard to see him getting involved at the finish. British phenom Hollie Doyle rides Extra Elusive who has G2 and G3 wins, but on a form line through Mishriff is up against it here. Alzahzaah is here representing the Saudis but nothing else.

Knicks Go has the form in the book and will take some passing. The presence of Charlatan makes Knicks Go an attractive price too. I think hell scoot off the front and come home untouched. Charlatan will need to get into a drive off the turn and may get picked up by closers for a place. Military Law has shown class and a good attitude, if he doesnt try to rate with Knicks Go he could stay on for a minor prize. Chuwa Wizard represents an element of the unknown, but didnt do a lot wrong last time and if the frontrunners cut each others throats then he could fly late and run in the money. Good Luck.

1st Knicks Go 9/4

2ndMilitary Law 12/1

3rdChuwa Wizard 14/1

The Saudi Cup meeting is covered on Fox Sports (US) and Sky Sports (UK)

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Saudi Cup Gambling Analysis and Picks - The Sports Gambling Podcast

Things to do Other than Gambling at Land-based Casinos – The African Exponent

Land-based casinos are often considered as holiday destinations for the power-packed enjoyment they offer. But not everyone is aware of this. Yes! Only a bunch of patrons who visit these establishments regularly remain accustomed with everything that is associated with the land-based casinos.

If youre one of the new casino-enthusiasts who is planning to visit a luxurious gambling destination, let us tell you what all you can do there other than gambling! Keep reading!

Attend Concerts and Theatre Shows

Most of the huge gambling houses make it a point to include stadiums or halls to host concerts and theatre shows. The owners run a series of shows from popular bands and acts. Remember, there will be a specific time for when these shows will be hosted. So, check with the management for the days schedule and get to know the timings.

Relax at the Pool or Go to Spa

Swimming pools are also common at the gambling resorts. You can swim and enjoy the cool waters on a sunny day. You can also chill with friends or family and have a blast for a while by the poolside. Alternatively, try to soak yourselves in sun rays and get that much-needed vitamin D for your body.

Furthermore, you can even get a spa treatment to relax your body!

Munch on their Exotic Foods

Land-based casinos often hire experienced chefs to cater to their foods. These chefs are absolutely indulged into cooking and bring to you some of the most exotic dishes for you to enjoy. From local foods to continental delights, these establishments have a lot to offer their guests.

Try out their list of food options for as long as you are there. Sometimes, the food is complimentary, and usually, you pay for it in advance as a part of the entire stay. So, you might as well take advantage of whatever is available to you!

Nightclubs and Bar

The bar is one more thing that is ordinarily seen at the casinos. You can meet up with new people here or even have a blast with your friends. But we suggest you not to drink too much before hitting the casino for the game.

Sip on those drinks and dance to the loud discotheque music at the nightclubs. Make the best of the clubs which are usually open through the night till morning.

Tour the Casino

The prestigious casinos generally show multi-floor establishments. They are designed and decorated like some royal palace showcasing exuberance at every corner. Take a tour of such casinos because it is an experience in itself.

You can usually find artistically-built hallways, corridors, staircases, and so on which are breathtakingly designed to bring a style to the establishment. Moreover, the other added items like paintings, fountain etc. are also worth admiring.

Watch Other Players Gamble

Yes! Watching a live game played at any table is also thoroughly entertaining if you know the game already. However, if you are new to the game, you can learn by watching others play!

Furthermore, if you are new to gambling, we suggest you practice at online casinos before visiting a land-based casino. At totokazino, you can look for some of the best online casinos to gamble at and learn the casino games!

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Things to do Other than Gambling at Land-based Casinos - The African Exponent

Expat’s guide on gambling in Thailand – The Sports Bank

Gamblers globally know how rigid Thailand is regarding the countrys gambling activity.

Many Asian countries as Vietnam, Laos, Singapore, and Cambodia have loosened their rules. But unlikely in Thailand, they are very, very strict, and everything is banned while leaving out horse race bets and government lotteries. Even bullfighting and cockfighting with gambling purposes are determined as illegal.

But despite the legislation being so strict, surprisingly, gambling sport has increased dynamically. It is a really big deal now. Many happen to hidingly serve the act at hotels and resorts while the biggest is going on underground.

And an estimation value of all these activities in secrecy generates about 6 USD Dollars each year. Both dwellers and tourists have contributed their part in the estimation, though gambling is strictly prohibited.

The national lottery was functional from the year 2003. Its objective was to cover up the ill practices of private lotteries and, instead, bring something official and fair.

Why local casinos are dangerous for farangs

Farangs, on the first hand, must know that Thailands governments are against gambling of any form, and even the internet versions arent so impressive to them.

There are none mortars opened freely. From the Gambling Act of Thailand, it is noted that engaging in any sort can punish you that can even go up to imprisonment. However, most of the penalties are charged with a fine. Or even both, 1000 Baht and then the jail.

Farangs mostly are fans of casinos & gambling, and Thailand knows it already. As such, being introduced to casinos might take way less time than you think. It is not even a day of arrival, and you already have locals inviting to mortars.

But these mortars are illegally confined. And almost all of them are surfacing in secrecy- resorts, hotels, underground, and dark. Or even the private office and funerals.

Thailand was the only country in the region that had not been colonized by foreigners. Perhaps, this is why foreign influence is not a mere text. As such, poker is not widely seen or played in the nation. As stated by Play Pulse, Thailand origin games have no international appeal. For example, the Hi-Lo dice game is left underrated.

Similar to Baccarat, Hi-Lo needs cards, but the government officials have ceased the manufacturing. Indeed, gambling is so strict in Thailand, and the government leaves no chance to show it.

Can you get in jail for gambling?

Yes, gambling prohibition is so serious that it can get you into some severe problems like jailing. You can also be fined up to 1000 baht or more and less according to how troubling the situation is.

Government is rigid with gambling, yet many netizens still have themselves involved in it. However, Games are contradictory in Thailand.

And no matter how hard governing bodies try to abolish gambling, none of it is effective. Rather, it has been reported that the industry has grown to an unbelievable peak.

Those who are caught gambling have their hands in punishments, while those who successfully sneak are referred to as lucky. This is why hidden casinos still have their spot. Unless and until they are caught and taken action against, the practice isnt stopping.

Even if you are lucky for the night, it carries a lot of risks. Firstly, your name and everyone who was a part is certain to get on the list when the casino head is caught. Do not trust the bookie specifically.

Second, how fair the entity is, is concluding with a big question mark? Winners are charged with no money sometimes, and there is no chance they can complain about it.

How to safeguard yourself from problems with authorities?

The internet is your savior here. Online casinos such as Gclub imitates a very safe platform. They are regulated as such that members are safe and can barely reach an offense against the legislation.

But the games and algorithm Gclub offers are to die for. No rules have been altered, neither are additional elements subjected. With the site, you can explore foreign games like poker, roulette, and blackjack. You can also check vpn-th.com to find the latest information on how to access different sites from Thailand.

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Expat's guide on gambling in Thailand - The Sports Bank