Sportsbetting in Delaware

Discussion in 'Good News - Bad News!' started by nada333, May 23, 2009.

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  1. nada333

    nada333 Banned

    The state of Delaware has become the first American state east of the Mississippi River to legalise sportsbetting. They have done so in the hope of raising over $50 million a year to help with a projected $778 million budgetary shortfall.

    The Senate of Delaware passed legislation last week by a vote of 17 to two with two abstentions that legalised sportsbetting. The bill was subsequently signed into law on Thursday by Governor Jack Markell. The legislation had earlier been passed by the Delaware House of Representatives after weeks of tough negotiations.

    Delaware is one of four states along with Oregon, Montana and Nevada that are excluded from 1992’s Professional and Amateur Sports Protection Act that bans sports gambling.

    The new legislation permits players at Delaware’s three casinos to place wagers on sporting matches with the state getting 45 percent of any revenues.

    So for those that like to wager on football, baseball, boxing, etc. this is welcome news indeed. We can only hope that the rest of the USA will follow the lead of this small state and take advantage of this additional opportunity for state income in these tough economic times.

    Bonus Paradise News - May-23-2009
     
    Last edited by a moderator: May 23, 2009
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