Indiana may be less boring soon

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  • daneblazer
    BARRELED IN @ SBR!
    • 09-14-08
    • 27861

    #1
    Indiana may be less boring soon
    Indiana looks like it will be the next state to try and legalize sports betting within the United States. State Rep. Alan Morrison has introduced two separate sports-related betting bills.

    House Bill 1073 would allow state casinos, 'racinos,' and off-track betting locations to offer sports betting if the Indiana Gaming Commission says it's allowed under federal law. House Bill 1074 would allow certain locations to offer fantasy sports games for the purpose of betting.

    "Gaming is something that this state has become extremely reliant upon, that revenue," Morrison said. "As it's been trending down, it's incumbent upon us to figure out how to fix it or to improve on what we have."

    Morrison, who has a master's degree in sports management, wants the state to be prepared to take the advantages that legalized sports betting would offer Indiana. State Legislative Services Agency determined that Indiana would gain between $12-$70 million on the taxes to sports betting.

    NBA commissioner Adam Silver has been vocal about his support of legalized sports betting and has claimed that there is $400 billion exchanged every year through illegal betting in America alone.

    "There's a lot of money that floats around out there," Morrison said, "where if it were captured in some form or fashion, and revenue is able to be realized for the state, it could mean a lot."
  • Big Bear
    SBR Aristocracy
    • 11-01-11
    • 43253

    #2
    when will they know?

    how soon will this take effect?
    Comment
    • jjgold
      SBR Aristocracy
      • 07-20-05
      • 388179

      #3
      Comment
      • RonPaul2008
        SBR Hall of Famer
        • 06-08-07
        • 6741

        #4
        Originally posted by Big Bear
        when will they know? how soon will this take effect?
        New Jersey already legalized but it can't take effect due to federal law. Relevant federal law would have to be changed or ruled unconstitutional in court.
        Comment
        • kidcudi92
          SBR Posting Legend
          • 12-14-11
          • 15434

          #5
          we are also working on the sunday ban on liquor sales, indiana top party state soon
          Comment
          • Mr KLC
            BARRELED IN @ SBR!
            • 12-19-07
            • 31097

            #6
            Indiana isn't the only state considering it:


            South Carolina’s deteriorating roads could be free of potholes, its aging bridges rehabilitated.

            And it could be done without new taxes or an increase in the gas tax.

            Rather, the hundreds of millions of dollars a year needed to keep roadways from deteriorating further would come from casinos along the Grand Strand in Myrtle Beach and legalizing betting on horse races in other parts of the state. House Minority Leader Todd Rutherford and other Democrats are offering that as an alternative to Gov. Nikki Haley’s and Republican lawmakers’ transportation plans.

            “In order to pay for South Carolina’s roads, we need new money,” Rutherford said. “Either we’re going to raise people’s taxes, or we’re going to come up with new ideas.”


            Comment
            • jjgold
              SBR Aristocracy
              • 07-20-05
              • 388179

              #7
              Please Stop with theses threads

              Its not happening

              The huge misconception is how much money they will make...WRONG

              SC is DIRT POOR state

              Vegas says they do not even need it chump money
              Comment
              • BrickJames
                SBR Hall of Famer
                • 05-05-11
                • 9749

                #8
                Her masters in "sports management" qualifies her to run a pee wee hockey team.
                Comment
                • Chi_archie
                  SBR Aristocracy
                  • 07-22-08
                  • 63172

                  #9
                  this would be huge for Indiana as they would get alot of extra customers at the horshoe casino in Hammond Indiana... chicago just 15 miles away
                  Comment
                  • YorkHunt
                    SBR Hall of Famer
                    • 12-11-10
                    • 7496

                    #10
                    Comment
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