
John A Pappas
@yanni_dc
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Founder & CEO of Corridor Consulting #BearDown
Washington, DC
Joined February 2013
“These findings demonstrate that enforcement works,” said Kip Levin, CEO of @GeoComply “When states crack down on illegal sportsbooks, players migrate to the legal, licensed market, where they’re protected and where their play generates state tax revenue." via @LSPReport
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A new market analysis from GeoComply released Tuesday morning shows that states that have stepped up enforcement against the illegal sports betting and iGaming markets are seeing gains in the legal market.
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PRESS RELEASE: @GeoComply data shows states that targeted illegal offshore sportsbooks saw more active players (10%⬆️) & more new account sign-ups (39%⬆️)compared to states without enforcement. Learn about it here⬇️ https://t.co/7fIEmJdS1N
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A (good) sign of the times heading into football season ... just today I received emails from state gaming regulators urging responsible betting and identifying legal sportsbooks. These types of comms are happening more often, and can help educate consumers. Its a good start.
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👏Empowering customers to take control of their betting and having limits across operators/jurisdictions is sensible & responsible. Worth noting that @edgeboostbets helps players set universal limits for all forms of gambling (retail & online) with its debit-only bank account.
The Coalition for Fantasy Sports and idPair announced they have expanded their self-exclusion partnership to 15 states. Launched in New Mexico and Nebraska this year, the partnership allows PrizePicks, Underdog, Betr, Dabble, and Splash Sports users to self-exclude in 15 states.
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GEORGIA: Busy day for regulated gaming in the House of Reps w/land-based casinos, mobile sports betting & DFS to be discussed. @GeoComply will be sharing some of their insights too! See full agenda and access to live stream in the 🔗
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NJ Governor takes action on several bills including signing a bill into law that restricts offering dual-currency sweepstakes gaming.
nj.gov
The official website of the 56th Governor of New Jersey State, Phil Murphy.
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FanDuel's rep captures the debate perfectly. Regulate/tax or head-in-the-sand status quo. That's the choice. And please don't tell me that, by this logic, we should legalize [insert drug] because people are also doing that. Virtually all states, through the legislature or ballot,
“The question shouldn’t be, ‘Should there or there should there not be iGaming?' There already is iGaming, and Americans are betting hundreds of billions of dollars per year on it, except that in 43 states [without authorized iGaming], they are getting zero tax revenue."
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“An outright ban on prop bets may sound like a quick fix, but it misses the point. The only reason this potential misconduct came to light is because the regulated market caught it and flagged it. That’s exactly how legal sports betting is supposed to work." - iDEA Advocacy
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QUOTE: @GovMikeDeWine must know that the best defense against corruption is a transparent, state-regulated market overseen by his team, Not pushing players to unregulated operators with no accountability.
ingame.com
Despite the rise of legal betting in the U.S., the black market is still thriving, and a ban on pro props will only feed it.
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Still some time to right a wrong, even in this political environment!
NEWS from Las Vegas: Ways & Means Chair @RepJasonSmith told me in an interview he wants to REVERSE the gambling tax hike from the One Big Beautiful Bill SMITH said it was a "bad decision" & could "absolutely" be undone by year-end. He floated it as part of a bipartisan package
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New tag line for @NCLGS: Where critical conversations are born and then live on social media 🙃
The debate between @yanni_dc and @ChurchillDowns and the @NAAIG_Official spilled over from a NCLGS debate into social media. The cannibalization debate never rests. https://t.co/3iTtgMvUyW
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WRT, this mornings STTP newsletter, I disagree that my panel produced "fireworks" since I was just pointing out some facts, as uncomfortable as they may be for opponents of regulated iGaming. I shared some more thoughts on LinkedIn:
linkedin.com
Today's STTP newsletter from Steve Ruddock highlights "fireworks" at last week's National Council of Legislators from Gaming States conference. I was unaware that the National Association Against...
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Great perspective from my friend and colleague @JonMichaels777. Grassroots that showed true consumer demand (think poker players) was key to legalization in states like NJ, PA and MI. It needs to be part of the approach moving forward. https://t.co/vOy723d1Ia
sbcamericas.com
With another year with no new online casino states, gaming consultant Jonathan Michaels has some suggestions on how to rethink industry messaging.
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👍
I just introduced the FAIR BET Act with @RepRoKhanna to rightfully restore the 100% tax deduction for gaming losses. I encourage other members to support this critical fix.
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A welcome comment by the CA Gov on today's fantasy sports opinion. Can state lawmakers come together to pass a bill that clarifies its legal status? Not even sure it's procedurally possible for this year.
JUST IN: Gov. Newsom disagrees with CA AG Rob Bonta’s decision outlawing online fantasy sports platforms. Newsom’s spox: “While the Governor does not agree with the outcome, he welcomes a constructive path forward in collaboration with all stakeholders.” https://t.co/PgBTbxcrvY
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