The 'Holy Grail' of gambling could break American sports betting wide open

Macallik86

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OAKLAND, Calif. — California beckons as the biggest prize yet for America’s exploding sports betting market.

State after state has legalized sports wagering since the Supreme Court cleared the way in 2018, but California has not — despite a powerful in-state gambling market and ravenous interest from national industry players.

That could soon change. Voters in the nation’s most populous state will get a chance in November to unleash the massive new industry — and provide a jolt to other holdouts.

“California is the holy grail of U.S. sports betting markets,” said Daniel Wallach, a Florida-based attorney who has advised various players in burgeoning sports wagering states. “This is going to be a half-a-billion-dollar battle for control of the most lucrative betting market in the world.”

Thirty-three states and Washington, D.C. have authorized sports betting, birthing a sector expected to generate tens of billions of dollars in revenue once those markets are fully operative. The explosive growth follows two-and-a-half decades in which Congress gave Nevada an effective monopoly on athletic wagering in America.

If California legalizes, sports betting is likely to become legal everywhere in the U.S. “A lot of people basically think the rest of the country will legalize if California does,” said Oklahoma State University professor John Holden, who has testified as an expert witness as states consider gambling legislation.

California must resolve its own differences first — no easy task for a state mired in longstanding gambling divisions that already blunted legalization efforts nearly two years ago.

Native American casinos, horse tracks, card rooms and platforms such as FanDuel and DraftKings are vying for control of a market that could generate tens of billions of dollars annually, reprising a power struggle that has already played out in states like Florida.

The battle pits FanDuel and DraftKings, platforms that have dominated the new market, against incumbent tribes who warn their very sovereignty is at stake. Rival interests have moved hundreds of millions of dollars into a campaign that could challenge spending records.

Native American tribes had already qualified a ballot measure allowing sports bets on tribal land when international gambling companies made their play, committing $100 million to an initiative that would let them control online wagering. That measure is also expected to qualify for the November ballot given the pace of signature collection and the money at proponents’ disposal. The firms include BetMGM, DraftKings, FanDuel, Bally’s Interactive and other big names. The escalating standoff has also drawn in card rooms that offer limited gambling options outside of tribal land.
[...]
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The 'Holy Grail' of gambling could break American sports betting wide open
 

Macallik86

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Cliffnotes
  • Supreme Court legalized sports betting in 2018
  • 33 States have already passed legislation legalizing it. If Cali legalizes, most remaining states will likely follow soon after
  • A portion of the sin tax will be used to fund progressive social programs which is a big draw for local govts
  • Native American's monopoly on tribal grounds gambling will be fukked
 

Macallik86

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We briefly legalized in in Florida a few months ago but the Seminoles had to shut it down due to an ongoing legal situation regarding its' constitutionality.
Yeah I didn't realize that was a thing until I read the article. They are trying to hold on to their moneymaker so they are fighting FanDuel/DraftKings at every turn.

On the one hand, the gov't promised them somewhat exclusive gambling rights to make up for historical wrongs, but on the other hand, the sin tax could fund a lot more black/brown social initiatives. Then again, we will see a lot more vulnerable people go into heavy debt as gambling becomes more accessible.
 

Ed MOTHEREFFING G

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How is California more lucrative than new York when it comes to gambling? Vegas was always right there, and new York has a deeper sports culture? Population isn't the only factor to consider.
 

hashmander

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Yeah I didn't realize that was a thing until I read the article. They are trying to hold on to their moneymaker so they are fighting FanDuel/DraftKings at every turn.

On the one hand, the gov't promised them somewhat exclusive gambling rights to make up for historical wrongs, but on the other hand, the sin tax could fund a lot more black/brown social initiatives. Then again, we will see a lot more vulnerable people go into heavy debt as gambling becomes more accessible.
you don't really believe that do you?
 

Macallik86

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you don't really believe that do you?
Of course we could always use more, but lets not conflate the past with the future. If you are pessimistic and never believe that progressive policies will come to fruition, then you have the joy of never being wrong because progressive policies will never pass on the ballot. OTOH, you can vote for progressive policies, but be a realist and hold elected officials accountable.

People likely said the same thing about cannabis legalizatiom
Chicagoans Arrested For Marijuana Possession Are Getting Crash Course In The Legal Weed Business
NORTH LAWNDALE — People once arrested for marijuana possession are now learning how to work in the legal weed industry thanks to a scholarship program funded by cannabis tax revenues.

Participants in the nine-month scholarship program, called Still I Rise, are getting a formal education and career training in cannabis studies at Olive-Harvey College in Pullman. Participants, who have a past arrest related to marijuana, get free tuition, a $1,000 monthly stipend, academic support and help with child care, transportation and case management as part of the program.

The school developed the cannabis studies certification when recreational weed was legalized statewide in 2019. It’s on track to have an accredited associate’s degree in cannabis studies by spring 2023.


The community college partnered with two nonprofits — Centers for New Horizons and UCAN — to create a referral pipeline to get South and West side residents into the program and connect participants with services like behavioral health support and mentorship to ensure their success.

The scholarship is intended to ensure communities that long suffered under the War on Drugs get a fair share of the economic opportunities generated by legalization. Despite efforts to diversify the emerging weed industry, few Black entrepreneurs were awarded licenses, and even fewer are opening for business.

“It’s a billion-dollar industry. And in a billion-dollar industry, you need an educated workforce to deliver. The best way for equity in an industry is to level the playing field for that education,” said Amanda Gettes, executive dean of the urban agriculture department at Olive-Harvey College.

Two cohorts with a total of 47 students are in the scholarship program. The cannabis studies curriculum includes a paid work-based training experience that offers direct pathways into jobs in the cannabis market, including as growers, lab technicians, lab directors and quality control.

Marijuana criminalization has created serious trauma and “generational curses” in many families, so it is essential for the Still I Rise program to offer students a trauma-informed “ecosystem of support,” said UCAN CEO Christa Hamilton.

“We recognize the past traumas that may trigger them or impact their behaviors,” Hamilton said. “It was really smart to incorporate those experiences and traumas around cannabis to help people explore their feelings around the plant, but to also have those wraparound mental health and behavioral health services.”

The end of marijuana prohibition is long overdue, said Joseph Hooker, a recipient of the Still I Rise scholarship. Marijuana has proven medicinal properties and minimal risk of abuse, he said. The prohibition of the plant was rooted in anti-Black racism that devastated entire communities, so it is essential for the industry to benefit Black people first as a way of reconciling with those historical wrongs, he said.

“So many people have been incarcerated. So many families have been destroyed over a substance that never killed anyone,” Hooker said. “Me being a Black man in America, I’m confused by it all, because we’re the first ones to be hurt by it but the last ones to gain from it.”

Hooker was 22 when he was first incarcerated for marijuana possession. He had only a single blunt on him, but since he was in a car with a friend that had a larger amount of cannabis, he was charged with carrying 58 grams, he said.

“It wasn’t even my weed,” Hooker said. “I end up getting out, but now this is on my case. I filled out an application for [a chain store]. Never had anything on my background, no gangbanging, nothing. But couldn’t work there because of the weed.

“I got tired of going to [chain businesses] and they won’t let me get a job for some stuff that they go home and smoke themselves,” he said. “That’s the only way I know how to get some money. … I went and got four pounds because I had to feed my babies.”

Hooker thinks the opportunity to study marijuana using industry-grade equipment in an academic setting can open doors for the growing and transportation business he hopes to launch.

Hooker aims to study the legal and regulatory system so he can be prepared to apply for a license to open a delivery service that will connect medical marijuana patients with dispensaries. Delivery is not yet allowed in Illinois, so he wants to get ahead of the game so he can be first in line when that sector does open up.

Scholarship recipient Kelvin Evans is especially drawn to the plant biology components of Olive-Harvey College’s cannabis studies program. He runs a holistic wellness company called Light Body Herbals that specializes in natural and plant-based healing products like perilla oil, jiaogulan and his signature Irish moss, which he says is the highest quality in the city.

Evans is studying ways that natural products like sea moss can “make a more effective delivery system” for the medicinal properties of cannabis-derived compounds like THC and CBD. He aims to develop products that can improve overall health, improve thyroid function and address chronic illnesses like sickle cell anemia “to advance Black health, in particular,” Evans said.

“The cannabis plant can be formulated with other herbs to do significant things for people,” Evans said. “I need to know exactly what systems in the body I’m looking to affect, how I’m looking to affect them and to what extent.”

Initiatives geared toward racial equity in the cannabis industry must be built around the needs of communities who have been devastated by weed prohibition, Evans said. Programs like the cannabis studies certification and scholarship at Olive-Harvey must design their curriculums to meet those affected communities where they are since “these are college classes, but the participants are not college students,” he said.

That makes the Still I Rise scholarship’s social services and monthly stipend such an important part of the cannabis studies program, Evans said. The stipends help participants pay for other priorities like food, rent and child care so they can focus on their education, he said.

“If you were to not have a stipend, I don’t know how responsive the community we’re trying to reach would be. The dollar rules your ability to get gas and food. People don’t have time to waste on programs that aren’t putting dollars in their pockets,” he said.

Now that the stigma around pot is easing up, there are opportunities for people to find employment or even start their own businesses, Hooker said. The cannabis studies program is a valuable avenue to help people break into the industry, he said.

But Hooker also worries efforts by cannabis corporations to legitimize the industry and make marijuana palatable for the general public may further separate the formal market from those who have expertise gained on the illicit market, he said. There is a need for reparations more broadly to uplift the communities harmed by criminalization rather than just those selected for the scholarship, he said.

“Half the stuff I know about cannabis, I didn’t read it in a book. I grew it. I smoked it for myself and know the effects. I knew what soil it needs, what chemicals, what temperatures,” he said. “They take these things and they make it righteous for them and their gain for something we’ve been doing for years.”

Thanks for subscribing to Block Club Chicago, an independent, 501(c)(3), journalist-run newsroom. Every dime we make funds reporting from Chicago’s neighborhoods. Click here to support Block Club with a tax-deductible donation.
 

NZA

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doesnt seem to be any drama in arizona. we have the apps and the indian casinos have sports betting kiosks. it also isnt helping minorities, but maybe targeting minorities. they even had jb smoove at the ribbon cutting. as a matter of fact, on the opening day, i saw a disproportionate amount of black men at the indian casino giving their money to the ceasars kiosks. they are getting brehs' money and giving it to cacs and maybe a tribal chief.
 

hashmander

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Of course we could always use more, but lets not conflate the past with the future. If you are pessimistic and never believe that progressive policies will come to fruition, then you have the joy of never being wrong because progressive policies will never pass on the ballot. OTOH, you can vote for progressive policies, but be a realist and hold elected officials accountable.

People likely said the same thing about cannabis legalizatiom
Chicagoans Arrested For Marijuana Possession Are Getting Crash Course In The Legal Weed Business
NORTH LAWNDALE — People once arrested for marijuana possession are now learning how to work in the legal weed industry thanks to a scholarship program funded by cannabis tax revenues.

Participants in the nine-month scholarship program, called Still I Rise, are getting a formal education and career training in cannabis studies at Olive-Harvey College in Pullman. Participants, who have a past arrest related to marijuana, get free tuition, a $1,000 monthly stipend, academic support and help with child care, transportation and case management as part of the program.

The school developed the cannabis studies certification when recreational weed was legalized statewide in 2019. It’s on track to have an accredited associate’s degree in cannabis studies by spring 2023.


The community college partnered with two nonprofits — Centers for New Horizons and UCAN — to create a referral pipeline to get South and West side residents into the program and connect participants with services like behavioral health support and mentorship to ensure their success.

The scholarship is intended to ensure communities that long suffered under the War on Drugs get a fair share of the economic opportunities generated by legalization. Despite efforts to diversify the emerging weed industry, few Black entrepreneurs were awarded licenses, and even fewer are opening for business.

“It’s a billion-dollar industry. And in a billion-dollar industry, you need an educated workforce to deliver. The best way for equity in an industry is to level the playing field for that education,” said Amanda Gettes, executive dean of the urban agriculture department at Olive-Harvey College.

Two cohorts with a total of 47 students are in the scholarship program. The cannabis studies curriculum includes a paid work-based training experience that offers direct pathways into jobs in the cannabis market, including as growers, lab technicians, lab directors and quality control.

Marijuana criminalization has created serious trauma and “generational curses” in many families, so it is essential for the Still I Rise program to offer students a trauma-informed “ecosystem of support,” said UCAN CEO Christa Hamilton.

“We recognize the past traumas that may trigger them or impact their behaviors,” Hamilton said. “It was really smart to incorporate those experiences and traumas around cannabis to help people explore their feelings around the plant, but to also have those wraparound mental health and behavioral health services.”

The end of marijuana prohibition is long overdue, said Joseph Hooker, a recipient of the Still I Rise scholarship. Marijuana has proven medicinal properties and minimal risk of abuse, he said. The prohibition of the plant was rooted in anti-Black racism that devastated entire communities, so it is essential for the industry to benefit Black people first as a way of reconciling with those historical wrongs, he said.

“So many people have been incarcerated. So many families have been destroyed over a substance that never killed anyone,” Hooker said. “Me being a Black man in America, I’m confused by it all, because we’re the first ones to be hurt by it but the last ones to gain from it.”

Hooker was 22 when he was first incarcerated for marijuana possession. He had only a single blunt on him, but since he was in a car with a friend that had a larger amount of cannabis, he was charged with carrying 58 grams, he said.

“It wasn’t even my weed,” Hooker said. “I end up getting out, but now this is on my case. I filled out an application for [a chain store]. Never had anything on my background, no gangbanging, nothing. But couldn’t work there because of the weed.

“I got tired of going to [chain businesses] and they won’t let me get a job for some stuff that they go home and smoke themselves,” he said. “That’s the only way I know how to get some money. … I went and got four pounds because I had to feed my babies.”

Hooker thinks the opportunity to study marijuana using industry-grade equipment in an academic setting can open doors for the growing and transportation business he hopes to launch.

Hooker aims to study the legal and regulatory system so he can be prepared to apply for a license to open a delivery service that will connect medical marijuana patients with dispensaries. Delivery is not yet allowed in Illinois, so he wants to get ahead of the game so he can be first in line when that sector does open up.

Scholarship recipient Kelvin Evans is especially drawn to the plant biology components of Olive-Harvey College’s cannabis studies program. He runs a holistic wellness company called Light Body Herbals that specializes in natural and plant-based healing products like perilla oil, jiaogulan and his signature Irish moss, which he says is the highest quality in the city.

Evans is studying ways that natural products like sea moss can “make a more effective delivery system” for the medicinal properties of cannabis-derived compounds like THC and CBD. He aims to develop products that can improve overall health, improve thyroid function and address chronic illnesses like sickle cell anemia “to advance Black health, in particular,” Evans said.

“The cannabis plant can be formulated with other herbs to do significant things for people,” Evans said. “I need to know exactly what systems in the body I’m looking to affect, how I’m looking to affect them and to what extent.”

Initiatives geared toward racial equity in the cannabis industry must be built around the needs of communities who have been devastated by weed prohibition, Evans said. Programs like the cannabis studies certification and scholarship at Olive-Harvey must design their curriculums to meet those affected communities where they are since “these are college classes, but the participants are not college students,” he said.

That makes the Still I Rise scholarship’s social services and monthly stipend such an important part of the cannabis studies program, Evans said. The stipends help participants pay for other priorities like food, rent and child care so they can focus on their education, he said.

“If you were to not have a stipend, I don’t know how responsive the community we’re trying to reach would be. The dollar rules your ability to get gas and food. People don’t have time to waste on programs that aren’t putting dollars in their pockets,” he said.

Now that the stigma around pot is easing up, there are opportunities for people to find employment or even start their own businesses, Hooker said. The cannabis studies program is a valuable avenue to help people break into the industry, he said.

But Hooker also worries efforts by cannabis corporations to legitimize the industry and make marijuana palatable for the general public may further separate the formal market from those who have expertise gained on the illicit market, he said. There is a need for reparations more broadly to uplift the communities harmed by criminalization rather than just those selected for the scholarship, he said.

“Half the stuff I know about cannabis, I didn’t read it in a book. I grew it. I smoked it for myself and know the effects. I knew what soil it needs, what chemicals, what temperatures,” he said. “They take these things and they make it righteous for them and their gain for something we’ve been doing for years.”

Thanks for subscribing to Block Club Chicago, an independent, 501(c)(3), journalist-run newsroom. Every dime we make funds reporting from Chicago’s neighborhoods. Click here to support Block Club with a tax-deductible donation.
look man i'm just saying that there is no way a sin tax is going to be used to "fund a lot more black/brown social initiatives". are lotto proceeds used that way now? what ends up happening is that it becomes a regressive tax on the poor because they hand over their money and the state govts use that new windfall to either close a deficit or cut taxes because they have a new source of revenue.
 
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