gaming news
reader favorites
casino stocks
>> Vegas Sands $51.48
-($0.43)
>> MGM Mirage $14.02
-($0.35)
>> Wynn Resorts $112.83
-($2.15)
>> Boyd Gaming $9.36
-($0.25)
>> Penn National $41.81
+$0.59
Quotes delayed 20 min.
cherry red casino
Play Now!
 

Delaware Governor Pushes Sports Parlay Wagers

By Brian Chan on December 14, 2008  Email it!    Print Version

Play Slots at Rushmore Casino! DOVER, DELAWARE -- The newly elected Governor of Delaware, Jark Markell, is determined to pursue a legal plan for sports gambling in his state. Legislators have openly broached the subject, and Markell has thrown his full support behind the idea.

Delaware lawmakers have been concerned since the passage last month of a Maryland referendum placing slots at horse racing tracks. Slots installed in Pennsylvania a year earlier had already kept home potential Delaware gambling tourists. The Maryland law threatens to cut even deeper into Delaware revenues from gambling.

Delaware is permitted to operate sports betting by a clause in federal law that grandfathered in the states that had previously allowed a form of sports gambling, those being Nevada, Montana, Oregon, and Delaware.

One clarification of what may be proposed in Delaware came from the assertion of the senior vice president of Spectrum Gaming Group. Joe Weinert said the state's plan was to only accept parlay plays, and not allow straight bets.

Of course, while parlays pay better than 10-11, the house edge is even greater. So, once again, an activity like sports gambling is seen as immoral, wrong, and filled with social ills... unless the government runs it, in which case not only is the activity condoned, but the edge against the player is significantly increased.

Digg it! Stumble it! Add to Reddit! Add to Newsvine!

Previous USA Casino News Articles

Post A Comment

*Name:
*Email:
*Comments:
*Verify:
 
 
 
media extras
news by month
2011
2009
2010
2008
company info
rushmore casino
Click to Play!