Game changer recently announced. Washington will pass a new bill to allow sports betting, including card rooms, all available on mobile devices.
Last year, lawmakers in Washington State were the first to pass comprehensive DC sports betting package, which initially allowed tribes to provide sports betting. While the plan was smoothly and quickly shepherded to Gov. Jay Inslee's desk by the state legislature, it was not without opposition.
A business coalition led by Eric Persson, CEO of Maverick Gaming, worked hard to push the commercial DC sports betting law that would have enabled wagering in card rooms and other sports betting arenas. But that bill looked to die quickly – at least on the surface.
SB 5212, which would authorize statewide mobile sports betting and retail wagering at Washington State card rooms and horse racetracks, was proposed by two lawmakers in January of this year. It would virtually expand gaming, as the current law only enables tribal brick-and-mortar establishments to offer sports betting.
Washington lawmakers are doing what they do best throughout the country when it comes to sports betting and other possible revenue streams. The aim is to close a widening budget shortfall, following a year in which the United States incurred significant financial losses.
According to Washington lawmakers, all sports betting money is to aid the state's recovery from the previous year's catastrophe. As reported by the Seattle Times, lobbyists for the cause predict that Washington State will benefit from $50 million in annual tax income if the measure passes.
In 2020, the bill was introduced by Republican Brandon Vick to allow for statewide mobile and retail gaming at card rooms and horse racetracks. Vick anticipates a 10% tax rate on gross gaming revenue and a $500,000 application fee. At the same time, he suggested a college carve-out that would have prohibited wagering on Washington-based schools.
For brick-and-mortar venues, the law would allow for a single ‘skin’ or mobile partner.
Senators Curtis King (R), Marko Liias (D), and Claire Wilson (D) are all listed as bill sponsors in 2021, indicating that the plan has bipartisan support, as well as the fact that the majority party had submitted it. Liias is the majority floor leader, while Wilson is the assistant majority whip.
The main focus points are as follows:
Even if their bill passes, lawmakers will not award commercial sports betting licenses until Washington's casino tribes – Native Americans, who own casinos – have completed their compacting process, and are ready to begin sports wagering.
At least four tribes are negotiating, and the WSGC intends to present rules later this year. However, the current bill does not have the backing of everyone involved.
Liias spoke to the US Financial Times about her opinion on the whole matter. The senator explained how the new bill would open a conversation to discuss how regulators could safely shape this new form of regulated mobile betting.
Cross-party senators agree on allowing the tribal casinos to attain their licenses first, while respecting that many workers are involved in the process across the industry. Some Native Americans rely on the steady income that gambling has offered. With recent economic problems faced by the US, families have not been able to find jobs that provide stability. Full-time employment is ‘a real game-changer’, according to Senator Liias.
According to at least one Washington insider, this bill will not make it out of committee. There has yet to be a successful sports betting bill introduced in the House of Representatives.
The tribal influence in Washington is mighty, and lawmakers last year appeared to recognize the tribes' contribution to the state. Given all of this, finding a balance between tribal and economic interests seems to be a sensitive process for lawmakers.
The tribes are sure to push back on this latest offering, but Maverick Gaming, like last year, isn't going away.
In an interview with the Seattle Times, Persson stated that Maverick wouldn't budge anytime soon. He explained that the state of Washington would quickly see things the way that his team sees it, and that there will soon be a partnership offering an excellent service to constituents while generating a lot of tax dollars that are urgently needed.
On the same day the bill was filed, the WSGC had its monthly meeting. Brian Considine, the Legal and Legislative Director, shared a draft of the proposed sports wagering pre-licensing qualification regulations before the meeting. A ‘substantial stakeholder’ in a sports wagering organization would be subject to a pre-licensing examination, according to the WSGC plan.
Several operators, including DraftKings, FanDuel and William Hill, requested clarification of the wording and additional technical clarifications via public comment.
The WSGC released its proposed guidelines for pre-licensing qualification as a strategy to get ahead of the licensing process, which it expects to begin later this year. Before promulgating sports betting rules and starting the licensing process, the state must complete compact discussions with at least one tribe.
This new bill will be a game-changer in the world of online and mobile sports betting. Despite many setbacks and plenty of opposition, it looks like things will be changing for the industry very soon.
Aberdeen American News: Aberdeen News Provides Breaking News, Sports, Entertainment, And Obituaries In Aberdeen, Sd.
The Aberdeen News was established as a weekly newspaper in 1885 by C.W. Starling and Paul Ware, who were both from Aberdeen.
Batavia Daily News Events And Scores From Sports: Keep Up With What's Happening In Your Community
The Daily News first appeared on the newsstands on June 25, 1878. G.S. Griswold, together with his business partner McWain, served as publisher from 1881 until 1938. He was a well-known member of the community and was one of the founding members of the Associated Press, serving as its president at one point.
Destiny 2 News: In Partnership With Vox Media, Polygon Is A Gaming Website.
It is a first-person shooter video game created by Bungie that is available for free to play exclusively in multiplayer mode on the internet. For the PlayStation 4, Xbox One, and Microsoft Windows platforms, it was first published as a pay-to-play title in 2017.
Fox News Trump: Donald Trump Was The 45th President Of The United States From 2017 To 2021
The Fox News Channel, abbreviated as FNC, is an American international conservative cable television channel headquartered in New York City. It is popularly known as Fox News and is styled in all capitals.
Revolver News: Hub Of Latest Conservative, Populist, Moderate, And Patriotic Liberal News And Analysis
Clan de Banlieue, based in the Dutch port city of Rotterdam, has set its sights on a more fashion-forward approach to streetwear as it expands throughout Europe.
Lifesite News: Canadian Catholic Far-right Anti-Abortion Advocacy And News Website Lifesitenews
LifeSiteNews is a non-profit Internet news service focused on culture, life, and family concerns. It was first released in September of 1997.
Springfield News Leader: A Local News Leader Providing In-depth Local News And Sports Coverage
The Springfield News-Leader is the most widely circulated newspaper in Springfield, Missouri, and the Ozarks. As of September 2013, the News-Leader has a daily readership of 32,363 and a Sunday circulation of 51,402.
Stimulus News Update: All The Latest Information About A Potential Fourth Stimulus Check
A stimulus package is often a government-sponsored economic stimulation initiative. Stimulation is the process of encouraging growth or causing activity in general.
Uscis News: All Updates About Us Citizenship And Immigration Services
Immigration to the United States refers to the worldwide movement of people who are not citizens of the United States who want to live permanently in the country. Throughout most of the United States' history, immigration has been a significant source of population expansion and cultural development.
Whatfinger News: Hub Of Latest Local News
Whatfinger News is a news aggregator that gathers information from a variety of sources. Visitors may read different kinds of material, including opinion pieces and stories about current events.
Wmbf News: Get All The Latest News And Up-to-date Weather Forecasts For Myrtle Beach, Florence, And The Grand Strand In South Carolina With First Alert News
In the United States, WMBF-TV (virtual and UHF digital channel 32) is an NBC-affiliated television station licensed to Myrtle Beach, South Carolina. The station broadcasts to the Grand Strand and Pee Dee regions of South Carolina. Gray Television is the company that owns the station.