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US Sports Betting Market Looking At Expansion

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Sports betting legalization in the US could be possible through a new Congressional bill. The Gaming Accountability and Modernization Enhancement Act, or GAME Act, made its Congressional debut through the Energy and Commerce Committee. The bill calls for the repeal of PASPA, or the Professional and Amateur Sports Protection Act, the federal ban on sports betting that has been standing for 25 years.

PASPA bans sports betting in 46 states, with Oregon, Delaware, Montana, and Nevada the only exceptions. Out of these four, Nevada is the only state to offer single-game betting through licensed and regulated brick-and-mortar and online sportsbooks. The GAME Act, if passed, would effectively repeal PASPA and allow for a legal and regulated framework to be set up for casinos, poker rooms, and sportsbooks nationwide.

All authoritative oversight would fall to the Federal Trade Commission which would also be responsible for establishing consumer protections each state must adhere to before being able to offer sports betting. Sports betting would need to be legalized via voter referendum per state and the individual states would handle their own regulation.

This expansive ambition is the product of Representative Frank Pallone, the head of the Energy and Commerce Committee and fierce sports betting advocate. Pallone has authored previous bills that called for sports betting in his home state of New Jersey, but those pale in comparison to the scale of the GAME Act.

His state also recently lost out on its initial sports betting case thanks to the Solicitor General. That case was the preliminary effort against PASPA, though it tried to work around the ban instead of calling for it to be repealed.

Legal sports betting is not impossible for US residents. Bettors can make the trip to Nevada and walk into one of the physical sports betting locations, or they can try their hand at one of the Nevada Gaming Commission’s regulated online sportsbooks. There are also other options in offshore sportsbooks. US federal law permits US residents to place bets with legally sanctioned and regulated offshore sportsbooks providers.

The top reputable offshore sportsbooks that accept US residents emulate the Las Vegas brick-and-mortar sports betting experience but with more perks. These perks include a wider selection of betting lines and wagering types, 24/7 live chat support, and exclusive bonuses and promotions that give players more money to bet with at no additional cost to bettors.

Pallone’s GAME Act could potentially reimagine the US sports betting landscape. US-based online gambling initiatives have not been able to compete with offshore providers in terms of selection or services rendered. This has led to a vast migration of American bettors over to these sites. Pallone even cited the $400 billion sports betting industry that is being missed out on because of PASPA in the GAME Act’s introductory session. He also admitted that the bill does need some revisions if it is to pass through the legislative process.

However, if the GAME Act passes and there is a nationwide sports betting framework created, the US might start to see some of the traffic divert away from offshore betting sites and instead opt for US-based online sportsbooks. In fact, US-based sportsbooks may even try to offer a similar bonus incentive structure with more betting lines and wagering types so they can become more competitive within the industry.

All of this rides on the GAME Act successfully passing, which will likely be a drawn-out process. Sports betting advocates have been lobbying for this type of legislature, and the GAME Act may very well be the answer they have been looking for.

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Fire Mountain’s Future Burns Bright with Hard Rock Expansion

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Hard Rock at Fire Mountain

star iconThe Hard Rock Casino just north of Sacramento at Fire Mountain recently announced that it plans to expand.

The casino, located at 3317 Forty Mile Rd, Wheatland, CA, recently acquired 350 acres between the casino and the Toyota Amphitheatre. The land has been undeveloped for years and is now expected to be transformed into a premier tourist destination. The Toyota Amphitheatre is an 18k+ outdoor venue in Yuba County and generally hosts rock and country concerts.

Some proposed ideas for the land include a festival entertainment district, a rodeo space, sports facilities, and resort amenities. There will also likely be retail and dining facilities, walking paths, and a possible stadium or fairground area. District 4 Yuba County Supervisor Gary Bradford stated, “It will bring thousands of jobs and enhance the quality of life for existing residents by increasing local dining, entertainment, and retail options.”

The Hard Rock at Fire Mountain opened in 2019 and has already contributed approximately $2.5 billion to the local economy. The Hard Rock Casino is located on tribal land, but the new developments will not be. Therefore, the community is set to benefit even more from regular sales and property tax revenue.

Officials said construction could take 5-10 years to complete, and the new developments could cost anywhere from $2-4 billion USD. Construction could also begin as early as 2026.

California Local Casinos

California has no casinos, as all are on federal land and governed by the tribes and the federal government. However, there are currently more than 75 tribal casinos in operation in California, all of which are located outside of the major metropolitan areas.

Recently, several tribal casinos have lobbied for more favorable land to be included in their trust, and while approved by the Biden Administration, a new legal battle is ongoing.

Online California Casinos

While casinos located in California are not permitted to offer their services online, offshore casinos have been accepting players for years. Since no specific gambling laws forbid out-of-state online casinos from accepting CA players.

Online casinos typically offer the same gaming options as Vegas casinos, including slots, video poker, keno, blackjack, roulette, and more. However, online casino games often accept lower buy-ins because they are powered by random number generators, not live dealers.

To further gain players’ trust, legitimate casinos will complete compliance checks that test the games for fairness. They also further ensure that online firewalls and encryption methods are working correctly.

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Australia’s Star Entertainment Accepts Bally’s Rescue Bid of $180 Million

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star iconStar Entertainment, Australia’s second-largest casino operator, has accepted a rescue package from US-based Bally’s. The package will transfer control of the group and allow the company to stay afloat.

Star Entertainment has been fighting bankruptcy for years following money laundering allegations, leading to several lawsuits and regulatory scrutiny. The company has been on the brink of collapse for years and is still suspended from trading on the Australian Securities Exchange.

Star Entertainment Group operates three hotel and casino complexes in Australia: The Star Sydney, The Star Gold Coast, and Treasury Casino and Hotel in Brisbane.

Star chief executive Steve McCann has been looking for a long-term solution since he took the job last July. McCann secured an additional loan of $100 million from existing lenders but failed to meet the contingent terms of the loan.

Bally’s currently owns 19 casinos in the United States and other entertainment assets. Soo Kim, Bally’s chairman, agreed to the rescue package in exchange for at least a 50.1% stake in Star. “We are usually the buyer of last resort,” Kim told The Australian Financial Review in March.

Are Offshore Casinos Available Online?

Yes, in the United States, almost all online casinos are offshore because only a handful of states have passed online gambling legislation. Since no federal or state laws prevent Americans from accessing online casino sites, US players can freely wager online with the site of their choice.

However, offshore casinos that operate online are not all the same. Most sites have various banking options US players can access, bonus options, and bet limits. For most players, Bitcoin is the best banking option, allowing for fast transactions that often avoid processing fees.

What Casino Games Can I Play Online?

Online casinos offer the same games you would expect in Vegas, including blackjack, roulette, video poker, and specialty games. Some sites even have live table games where you can choose your seat and bet against a dealer via a video/audio feed.

Online casinos also take it further with tournaments and game-specific competitions. You can also find slot bonuses, hot drop jackpots, progressives, and more. With game libraries that host hundreds of slot titles, seeing the game that suits you is just a few clicks away.

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Lawsuit Challenges Federal Approval Of Casino In Vallejo

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Artist rendering of Vallejo Casinos

Ye Mah BaxThe Scotts Valley Band of Pomo Indians is moving forward with plans for a $700 million casino resort in Vallejo, California, following the US Department of the Interior’s approval to place 160 acres of land into federal trust for the tribe.

The proposed development plans include an eight-story, 400,000-square-foot casino, 24 tribal homes, an administration building, and a biological preserve.

However, this project is now facing numerous legal challenges. Two lawsuits have been filed against the US Department of the Interior, claiming that the Scotts Valley Band intends to develop a revenue-generating site far from its tribal homeland and that the federal agency failed to adhere to established environmental laws in approving the project.

Opponents have also expressed concerns about “reservation shopping,” accusing the Scotts Valley Band of attempting to establish a casino near its ancestral lands to maximize potential revenue.

This scenario is reminiscent of other tribal casino projects in Northern California, such as the Koi Nation’s proposed casino near Windsor, which has encountered similar legal and political challenges.

The outcomes of these legal proceedings will significantly impact the future of the Scotts Valley Band’s casino project in Vallejo. They may also set precedents for other tribal gaming initiatives in the region.

In the final days of his presidency, the Biden administration approved off-reservation land for both the Scotts Valley Band of Pomo Indians and the Koi Nation, along with several other tribal requests around the country.

California Casino Laws

The state of California only permits casinos on federal land. Since the state does not allow commercial casinos, all gaming in California is located on land placed into trust by the federal government. Currently, more than 80 tribal casinos in California are owned by 73 of the state’s 109 recognized Indian tribes.

While there are no licensed online casinos, California is one of the many states that allow offshore betting. Since no federal or state laws outlaw online gambling in the state, CA residents and visitors can wager online with offshore casinos, sportsbooks, and poker sites.

Offshore Casino Options

California players over 18 can enjoy online real-money casino games, sports betting, and poker tables from out-of-state sites. Popular casino games include digital slots, video poker, blackjack, roulette, specialty games, and live dealer games.

In addition to endless gaming entertainment, CA players can also take advantage of generous welcome bonuses, online reward programs, digital currency acceptance, and 24/7 access via mobile casino apps.

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