Trends, News & Interesting Reads

Barely 3 months after the United States Supreme Court ruled that states could legislate their own sports betting laws, the move towards sports betting is fast and furious. Five states presently allow sports betting – Nevada, New Jersey, West Virginia, Delaware and Mississippi – and over a dozen more have pending legislation that will, if passed, bring sports betting to their state in the near future - either through land-based casinos, or through online casinos, like our very own Grande Vegas Casino. 

Some of the latest news in the world of sports betting includes: 

Almost 50 years ago the United States Supreme Court ruled that  states do not have authority to tax Natives on their reservations. In addition, the Court said, states lack the authority to regulate Native activities on reservation lands. This ruling set the stage for Native American tribes to set up casinos on their reservations and operate the casinos themselves.

Over the years, the issue of tribal casinos has returned to the Supreme Court numerous times. States attempted to exert authority over the Vegas online and land-based casino activities that took place within their states and the tribes fought back, arguing that the states lacked authority to make these types of decisions. 

The success of the casino industry in the East is a compelling factor in the activities of governments throughout the region to bring Grande Vegas style casinos to their countries. 

Japan is moving ahead quickly in its plan to open new casino resorts in the country. Japan’s Casino Administration Committee (CAC) will begin operations in less than one year. The government is presently laying the groundwork for the CAC which will oversee and regulate  operators in the country’s forthcoming commercial gaming industry.

Seven years after Massachusetts legalized casino gambling MGM is set to become the first of the Vegas casinos to open a luxury integrated resort. In addition to the entertainment, activities and luxurious accommodations the opening will mark the first time that gamers can legally wager on table games such as poker, blackjack and craps within Massachusetts. 

FanDuel is taking online Grande Vegas and other online games for sports fans to the next level with a new line-up of sports betting TV shows. The company, which recently merged with mega-sportsbook operator Paddy Power Betfair, planned their new shows to coincide with the opening of sportsbetting ops at racetracks and gambling parlors in states that have legalized sports betting.

To date seven states have legalized sports betting, following a Supreme Court ruling in May that granted individual states the right to choose whether to allow sports betting for their citizens. New Jersey, Delaware, Mississippi, Rhode Island, Pennsylvania, West Virginia and, of course Nevada have already enacted sports betting legislation. In addition New York, Michigan, Connecticut, Massachusetts, Iowa, Indiana, California, Illinois, Ohio and several other states have pending legislation to allow sports betting sitting in their state legislatures, waiting for the 2018-2019 legislative year to begin.

The Pennsylvania legislature is more open than ever to online vegas games, brick-and-mortar casino entertainment and sports betting activities in a state whose official motto is "pursue your happiness."  Multiple new initiatives are set to join the existing gambling options that citizens of Pennsylvania and visitors to the state already enjoy.

Increasing numbers of Asian and Pacific Rim countries are exploring ways that they can benefit from the growing Vegas casino gambling industry. 

The stock market gains and revenue increases in the Vegas casino industry is spreading to the Vegas online gaming designers who are reveling in positive 2^nd quarter showings in almost every area of activity. 

The National Basketball Association and MGM Resorts announced that they are embarking on an official multi-year partnership that will make MGM Resorts the official gaming partner of the WNBA and the NBA. The partnership came about as the result of a May Supreme Court ruling that allows states to legalize sports betting for both Grande Vegas players, mobile and online bettors and land-based casino patrons.

Now that the Supreme Court has opened the door to states to legalize sports betting in the United States, numerous online Vegas games companies, land-based casino sites, fantasy sports groups and others are laying the groundwork to make sports betting more accessible to more people.