Only took 9 years, speedy by US Supreme Court standards, but by a 6-3 vote the court has held that states, not the federal government, are entitled to make rules regarding sports betting. The case was filed by New Jersey.
Savor that BBN.
Savor that you state government officials eager for new revenues.
Savor that you anti-gambling people because you have every right to insist that some of these new monies be used to treat those afflicted with gambling; if states are smart enough and not too greedy.
Yes, there are arguments against, including the one just cited, and others that it will ruin those “amateur” sports. (Here in BBN we laugh. Remember those years we had the “best team money could buy.” Or the $$$ that fell out of the FedEx package, or the point shaving scandal, or the shoe scandal we haven’t heard the end of yet, or the “Breaking Cardinal Rules” book...or...Or...OR!)
When the recent legislature passed new taxes on services, there were the usual, considered arguments against, especially in areas that border other states. Would the new 6% tax on small animal vet care, for example, cause people to go across state lines to get help for Fido and avoid paying a higher price?
These are legit concerns, but each time raised I wonder why we keep swallowing that gnat, while avoiding the camel? The money Kentucky loses to almost all the states around us, currently going to their casinos, betting parlors (and soon their sports betting emporiums) makes the 6% services tax a dwarf problem; and it will happen.
Gov. Bevin was one of 3 governors who signed the legal brief in this case. Bully for him! And bully for Kentucky IF we seize this opportunity, PLAN for its introduction properly, making sure those who shouldn’t gamble are taken care of (and their kids!) we can start meeting some of the social needs (and pension reforms) we have needed to do for some time.
Let the debate---and planning begin---ask your candidate for the legislature where they stand NOW.
I'm just sayin'...