Topic: Good news from Ohio - Sports betting will be legal now. - page 2. (Read 859 times)
I think other states will follow.I can think that they have done it because the Coronavirus totally destroyed the US economy where unemployment rate is in the highest level since November 1982 which was the previous peak.Now the governments are looking to revive the economy in every possible way including legalizing gambling.
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This is a landmark decision, there are a lot of people who are involved in sports gambling. so far, we have been doing it illegally, I think all countries should legalize sports gambling, because sports gambling is popular all over the world and government also can earn a huge amount of tax from it. I know there are some Disadvantage too, sports gambling often involves match-fixing, because of this the game and the players lose their own individuality. But remember there are some dishonest people involved in all sectors, they should be suppressed, we just want to enjoy the game and gamble on it.
Good news for sports betting fans from Ohio, but it is a pity that it is still in a COVID-19 pandemic. So not all sports are running again yet,
with the good news at least for sports betting fans there will be no more problems with law. Looking at the world sports news, some sports
will start again in June. This will make enthusiastic for sports betting fans.
with the good news at least for sports betting fans there will be no more problems with law. Looking at the world sports news, some sports
will start again in June. This will make enthusiastic for sports betting fans.
The house of Ohio has passed a bill in which it has declared sports betting as legal in Ohio, and in my personal opinion this shall benefit all the gamblers who reside in Ohio, because now they can gamble legally without fearing any arrests or any kind of fine.
It’s also pertinent to note that there’re few organisations that are against this bill, hence we will have to wait and see if they’ll challenge it in the court or no.
Furthermore I don’t understand why are people against this bill, because gamblers will always continue to gamble, but by making sports betting legal the state will earn additional revenue, which can further be used for the state’s development in the long run.
The Ohio House on Thursday voted 83-10 in favor of a bill that would place sports betting under the oversight of the Ohio Lottery Commission and allow Ohioans 21 or older to gamble on collegiate and pro sports either online or in casinos, racinos or veterans and fraternal halls.
It is opposed by Citizens for Community Values, Bowling Centers Association of Ohio, the Cincinnati Reds, and the PGA. Ohio public and private universities have also expressed reservations about legalizing betting on collegiate sports.
The Legislative Service Commission estimates the tax would generate $17.7 million in 2022 and $23 million in future years.
Source:
https://www.daytondailynews.com/news/bill-legalize-sports-betting-advances-ohio-house/lNuqupQW7VrAGCXbkMrF4I/
It’s also pertinent to note that there’re few organisations that are against this bill, hence we will have to wait and see if they’ll challenge it in the court or no.
Furthermore I don’t understand why are people against this bill, because gamblers will always continue to gamble, but by making sports betting legal the state will earn additional revenue, which can further be used for the state’s development in the long run.
Quote
The Ohio House on Thursday voted 83-10 in favor of a bill that would place sports betting under the oversight of the Ohio Lottery Commission and allow Ohioans 21 or older to gamble on collegiate and pro sports either online or in casinos, racinos or veterans and fraternal halls.
Quote
It is opposed by Citizens for Community Values, Bowling Centers Association of Ohio, the Cincinnati Reds, and the PGA. Ohio public and private universities have also expressed reservations about legalizing betting on collegiate sports.
Quote
The Legislative Service Commission estimates the tax would generate $17.7 million in 2022 and $23 million in future years.
Source:
https://www.daytondailynews.com/news/bill-legalize-sports-betting-advances-ohio-house/lNuqupQW7VrAGCXbkMrF4I/
Quote
I don’t understand why are people against this bill,
Many people "subconsciously" link betting to gambling due to language, culture, movies, programming, etc. Unfortunately they are doing it hypocritically without probably realizing that gambling is widespread in societies, not necessarily in the betting world. You can bet in sport without gambling... doing it more that is morally required becomes gambling.
It's morally right for government to ban "sport gambling" but not morally right to ban "safe/good sports-betting". Gambling is gambling...should not be encouraged
It's good that they've signed it, it's better to tax gambling than prosecuting them when it will continue to operate because there is a market for gambling in every country, men are like that, they will always find a way, even in underground or in a secluded place, just tax them we have a saying if you can beat them join them or tax them.
There will always be illegal gambling so i am not sure why other states don't sign the bill as well.
The house of Ohio has passed a bill in which it has declared sports betting as legal in Ohio, and in my personal opinion this shall benefit all the gamblers who reside in Ohio, because now they can gamble legally without fearing any arrests or any kind of fine.
I'm shocked that Ohio back then makes sports gambling illegal? I mean, all gambling games makes huge income not only for the customers but also for anyone who owns one. Government can even put some taxes in every sports bet they make and put huge taxes on places that those betting games would take place. Since it's just a bill, i hope it would soon be law, indicating sports betting legalities.
They should have done this a long time ago, they are like refusing taxes coming from the sportsbook, so now maybe they feel the need to raise their revenue due to the pandemic, so they decided to approve sports betting as their option.
I was wondering about this as well. The effect of the pandemic to their economy could have played a role in their decision. There is a big market for gambling in this country.
Per https://en.wikipedia.org/wiki/Ohio, they have a total population of 11,689,100 updated in 2019.
So imagine, if at least 500 thousand people are potential gamblers, that would bring big money to the casinos, I'm assuming that gamblers will lose.
This is good to hear, hopefully it can lead to more adoption by other states
~ Furthermore I don’t understand why are people against this bill, because gamblers will always continue to gamble, but by making sports betting legal the state will earn additional revenue, which can further be used for the state’s development in the long run.
Maybe religion, morality, and other values. The bill states 21 years of age and above though, bettors of that age should be able to think well for themselves. Opposition to legalizing the betting on collegiate sports seems valid to me. Throwing away games which is supposed to be for fun, friendship, and school pride could become more rampant because of this.They should have done this a long time ago, they are like refusing taxes coming from the sportsbook, so now maybe they feel the need to raise their revenue due to the pandemic, so they decided to approve sports betting as their option.
I was wondering about this as well. The effect of the pandemic to their economy could have played a role in their decision. 
The house of Ohio has passed a bill in which it has declared sports betting as legal in Ohio, and in my personal opinion this shall benefit all the gamblers who reside in Ohio, because now they can gamble legally without fearing any arrests or any kind of fine.
It’s also pertinent to note that there’re few organisations that are against this bill, hence we will have to wait and see if they’ll challenge it in the court or no.
Furthermore I don’t understand why are people against this bill, because gamblers will always continue to gamble, but by making sports betting legal the state will earn additional revenue, which can further be used for the state’s development in the long run.
It’s also pertinent to note that there’re few organisations that are against this bill, hence we will have to wait and see if they’ll challenge it in the court or no.
Furthermore I don’t understand why are people against this bill, because gamblers will always continue to gamble, but by making sports betting legal the state will earn additional revenue, which can further be used for the state’s development in the long run.
Expect for opposites because each bill that would be approved or signed then there would really be those who are against on such decisions but since this one had been finalized then its understandable that this one had gone through many debates and revoking it will always depend into those law makers.When it comes to economic benefit aspects then making this legal will surely have that impact but people who are against with the bill does really have that in mind to have concern into his fellow citizens yet we know on how this do affect and we know on how gambling addiction do mess up ones life but its too late for any argumentations or whatsoever. Good thing for those gamblers who do reside into that country yet they wont really be minding much about legal aspects since its already been an approved bill.
It is a bill that must be approved. Ohio residents who make sports bets have to travel 20 minutes across the Indiana border. All of this income is kept outside of Ohio, which could well go into state funds. The Senate version is to impose a 6.25% tax on sports betting proceeds that would go to the Ohio State Fund. With this bill everyone wins in my opinion.
https://www.cleveland.com/open/2020/05/ohio-house-passes-bill-legalizing-sports-betting.html
https://www.cleveland.com/open/2020/05/ohio-house-passes-bill-legalizing-sports-betting.html
They are just realizing now the losses of revenue for all those years that had gone by. Gamblers or bettors will always be there, so they will just find a place where it is legal for them and that is the advantage of states that have legal call on sports betting. They should have done that a long time ago. But still good development for all those sportsbook and gamblers in Ohio.
Yes, it is great news for sports bettor from Ohio because now, they can play betting in the sports by legally, and they don't have to bet by secretly. I guess why people against this bill is because they are afraid that many people will play gambling using sports betting. At this pandemic, many people lost their job, and they need money to survive, and if sports betting legalize, that can make people will try to use sports betting to make money. At the other side, the country will get more income or revenue, but many people can become gamblers, or even they will become addicted gamblers to sports betting.
Perhaps, there will be regulations that can control who can play sports betting and who cannot play so people who allow placing the bets in the sports betting will know about that, and they can obey the rule.
Perhaps, there will be regulations that can control who can play sports betting and who cannot play so people who allow placing the bets in the sports betting will know about that, and they can obey the rule.
The votes are majority, I don't think it can be reverse even if there are people who rejects this law, the big amount of incoming taxes is a big factor I believe, just take a look at Las Vegas where gambling is legal, they are getting a lot from the taxes.
After Ohio many states will follow because of the additional taxes, it's a big revenue for the any state.
After Ohio many states will follow because of the additional taxes, it's a big revenue for the any state.
It is a bill that must be approved. Ohio residents who make sports bets have to travel 20 minutes across the Indiana border. All of this income is kept outside of Ohio, which could well go into state funds. The Senate version is to impose a 6.25% tax on sports betting proceeds that would go to the Ohio State Fund. With this bill everyone wins in my opinion.
https://www.cleveland.com/open/2020/05/ohio-house-passes-bill-legalizing-sports-betting.html
https://www.cleveland.com/open/2020/05/ohio-house-passes-bill-legalizing-sports-betting.html
The votes are majority, I don't think it can be reverse even if there are people who rejects this law, the big amount of incoming taxes is a big factor I believe, just take a look at Las Vegas where gambling is legal, they are getting a lot from the taxes.
People will not reject, it's already final, they have approve it and gamblers are already celebrating right now. People will only oppose if it's bad for the majority, like it will destroy the resources, creates unemployment, but it's not, in fact it will help increase the revenue on taxes.
After Ohio many states will follow because of the additional taxes, it's a big revenue for the any state.
Of course, taxes on gambling establishment is high, so that will significantly increase their tax revenue, it's a win-win for them.
Expected news after Supreme Court decision to legalize sports betting.
All states should take the necessary steps to fully legalize sports betting, but it is only a matter of time before all states do so.
Why are people against this bill?
There will always be people who are against betting for crime related to this business, and the fact is that in order for someone to get money most others have to lose
All states should take the necessary steps to fully legalize sports betting, but it is only a matter of time before all states do so.
Why are people against this bill?
There will always be people who are against betting for crime related to this business, and the fact is that in order for someone to get money most others have to lose
Betting and gambling takes place irrespective of it is legal or not. So it is better for the governments to legalize the betting's so as to collect the taxes form its revenue.
A good step I would say taken by Ohio by making it legal as it would help the government to get the revenue as an income on this gambling and it has really good money. Also now people would be doing it legally and will be paying taxes as well on the income earned formally .
^ I am positive that other states even other countries will follow Ohio's footsteps for this time of pandemic economy is suffering too like its citizen for them to cope with the idea of legalizing sports betting could help uplift the economy again. It is normal that some sectors of the society will oppose the bill for they were born and grown up that gambling and sports betting is illegal and they get used to it. However, freedom is what gamblers need for they will no longer be required to hide because of penalties or fines when caught and the mere fact they are doing such things people who are against gambling are not aware that gamblers do pay taxes and contribute to the economy as well. With this movement of Ohio, it will definitely serve as an eye-opener to everyone that instead of making these gamblers indict it would be better to see them as an aid to the severely ill economy.
Well, that was a good for them.
The legalization of sports betting in Ohio will bring more positive things in return both for the citizens and to the economy if the tax that will be generated from this will be used to the right program of the government. Aside from the fact that gamblers will have the freedom they can now help hoist the economy again. And for whatever reason, --the government still made the right decision because I am sure they have their own objective in passing the bill because it will be the economy that will benefit the most. Indeed, making sports betting legal in Ohio will set as an example to others that instead of prosecuting the gamblers make them contribute in the recovery of the economy which I am hoping that the idea will also be adopted by every country around the globe.
The legalization of sports betting in Ohio will bring more positive things in return both for the citizens and to the economy if the tax that will be generated from this will be used to the right program of the government. Aside from the fact that gamblers will have the freedom they can now help hoist the economy again. And for whatever reason, --the government still made the right decision because I am sure they have their own objective in passing the bill because it will be the economy that will benefit the most. Indeed, making sports betting legal in Ohio will set as an example to others that instead of prosecuting the gamblers make them contribute in the recovery of the economy which I am hoping that the idea will also be adopted by every country around the globe.
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