tksirius
HN's Love Doctor
Last edited:
Remember when HN had gambling?
- Thread starter tksirius
- Start date
ibahawkeye
Well-Known Member
So approximately how long until Iowa passes the laws and I can walk into Prairie Meadows to place my bet?
ASAP. One deal I'd read thought within 5 yrs 30 something states will be in the game. I'd read quotes from Gary Palmer that they've been getting their ducks in a row for this day to come so.... I doubt it'll be too long
99topdawg
Well-Known Member
Wanna bet?
mopkins
King Kong
Its way more likely you'll place your bets on a phone app than actually going into Prairie Meadows or a casino. Hell, about 2 hours after the SC decision today, DraftKings sent me an email saying they would be accepting sports wagers in the near future. All these companies have been preparing for this ruling for years and a lot of them already have plans and infrastructure in place.
Fryowa
Administrator
Why on earth would you want to start involving the IRS in this?
Local bookies are soooooo much easier.
Fryowa
Administrator
I see a huge market opportunity for a phone-locking breathalyzer.
Ha I'd take that. The Iowa legislature had been drafting up possible laws the last few years already anticipating this... Go figure. State law makers being proactive towards something... Too bad it had to be something revenue making for themselves but that's another topic for another forum. But yeah the casinos will be all in even if they don't make a ton off of it. (which is one of the things they are bitching about and trying to sort through just yet how much exactly they'd take)
Fryowa
Administrator
Thank you. If only a few other posters could show the same restraint.
Fryowa
Administrator
My thought is they'll get greedy and will leave a bunch of money on the table. They'll see potential revenue and try to snag too much. Casinos would have to be pretty cut throat to compete with small time illegal guys. If you're someone who'd start sports betting in a casino, you already do anyway and you can place a bet in just about any town for little juice or even none if it's a buddy.
It's not above deck but like I said, guys who would bet after it's legal already do.
One example (it doesn't involve the government, though) is that sure, I can buy fireworks in my town now. But the two stands we had were two or three times more high priced than they are across the river in Canton so no one buys them in Iowa. It's worth it to drive 45 mins one way. I don't know if they're taking too much margin or if the state of Iowa taxes the shit out of them wholesale, or what, but they aren't reopening this year.
Yup that's where the free market will sort it out... But yeah cigarettes is a similar kind of deal and gas in regards to just taxes and profits margins of those involved. Neighboring states with significant price/tax differences often have that happening. I knew folks in Des Moines that used to drive to MO to stock up on cigarettes... It was a group of like 6 coworkers that took turns doing it and heck if I remember how much they were saving but evidently it was worth it..
SteveGarvey1
Well-Known Member
He took a shot at certain politicians and then claimed it would be a topic for another forum so he didn't really show restraint, although I won't disagree with what he stated.
EstronHawkKing
Well-Known Member
NCHawker
Well-Known Member
Now the state governments will tall the people that this gambling will provide a great new way to raise revenue for all the good things that government provides.
Here in NC, they used that rational to push through the NC Education Lottery. And yet years later the money is simply re appropriated to the general fund and teacher pay is somewhere south of 45th in the country.
Here in NC, they used that rational to push through the NC Education Lottery. And yet years later the money is simply re appropriated to the general fund and teacher pay is somewhere south of 45th in the country.
mopkins
King Kong
All of this is just BS. The NFL, NBA and other sports want to prohibit a state-by-state method of sports betting and instead want to lobby congress and create gambling laws at the federal level. That way they can regulate it better and add a fee that grants the NFL 1% of all gambling spent on NFL games.
Don't get me wrong, the NFL puts the product on the field so they probably should be entitled to a cut of the profits from gambling on their sport, but for the NFL to say gambling is bad for the game when they have a partnerships with draftkings and they know for a fact that gambling/fantasy brings big time ratings...its retarded
Fryowa
Administrator
Lip service.
If people don't think there are some dropped passes, muffed kicks, and refs getting some cash once in a while they're nuts. Goodell knows it; he's a mobster like the rest of them.
I'm not a conspiracy theorist who thinks that every game is staged like some people, but come on. There's dirty pool going on in every business, church, sport, non-profit, and household in America.
Robowe
Well-Known Member
Totally agree that the NFL had to say what it said. Privately, they were probably high-fiving and planning their retirement strategies. How they try to tread the waters will be interesting.
