While Montana is the latest finisher in a race to legalize sports gambling that began with a 2018 Supreme Court ruling, three others are close behind, with bills awaiting governors' signatures.A handful more are inching toward operational sportsbooks, allowing them to tap billions in revenue, and Colorado voters will decide the issue for themselves in November.Altogether, lawmakers in more than 20 states considered such legislation in 2019, and eight others acted last year, when the high court struck down the 26-year-old Professional and Amateur Sports Protection Act.Despite those moves, the spread of sports betting is likely to be slower than predicted, since lawmakers have only "one chance to do this the right way," said Casey Clark, the American Gaming Association's vice president of strategic communications. “It’ll require a slower pace than one federal bill, because we don’t have a nation that’s one-size-fits-all."The association estimates Americans … [Read more...] about Colorado one of several states racing to legalize sports betting
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Will Sports Betting Transform How Games Are Watched, and Even Played? Sections Skip to content Skip to site index Feature After decades of resistance to sports gambling, team owners and state officials are laying the groundwork for it — with potentially huge implications. Credit Credit Photo illustration by Najeebah Al-Ghadban. Source photograph: Sean M. Haffey/Getty Images. Supported by ByBruce Schoenfeld Jan. 29, 2019 Half an hour before a preseason hockey game last fall, Ted Leonsis strolled down the concourse of Capital One Arena in Washington, stopping every now and then to pose for someone’s selfie. Leonsis owns both the Washington Capitals, the National Hockey League team, and the arena itself, a squat behemoth that fills a block of Chinatown not far from Ford’s Theater. He also owns other teams that play there, including the Washington Wizards, in the National Basketball Association, and some … [Read more...] about Will Sports Betting Transform How Games Are Watched, and Even Played?
Rolls-Royce in Indianapolis has been selected to build the jet engine to power the MQ-25 Stingray, a new unmanned aircraft that promises to catapult the Navy toward revolutionary combat capability and the companies that build the sleek system toward a potential $20 billion prize. Missouri-based Boeing Defense, Space & Security, the U.S. military’s second-largest supplier, is teaming with Rolls-Royce to produce the MQ-25, the Navy’s first unmanned aircraft for its aircraft-carrier fleet. The MQ-25 will refuel fighters, allowing strike aircraft to remain aloft longer and fly farther from a carrier—and possibly set the stage for unmanned combat jets to be launched and recovered at sea. Rolls-Royce, which employs about 4,000 locally and is the state’s biggest aerospace and defense employer, initially will make 72 engines for the MQ-25 but hopes to make far more. In addition, the deal represents its first partnership on a major weapon program with Boeing … [Read more...] about In major deal with Boeing, Rolls-Royce to make engines for new unmanned Navy aircraft
Passengers are cruising Alaska’s icy coast in record numbers. Cruise ships have been making more waves in the rivers of Europe. Even the outer Great Lakes are drawing more and more luxury vessels. With the cruising industry booming across the globe, officials in Duluth are betting that someday soon their ships will come in, too. In hopes of establishing the Lake Superior port city as a destination for passenger ships, the city and local agencies are investing in port infrastructure while tourism leaders are promoting the area’s natural beauty, history and culture to cruise lines. “It’s definitely an industry that’s in expansion mode,” said Anna Tanski, president and chief executive at Visit Duluth, the city’s tourism arm. “Lake Superior is now sort of at the forefront of being the new and fresh itinerary to develop. ... For us, it just opens up a whole new market that we’re very excited about.” Cruise line operators and … [Read more...] about Duluth bets on a new wave of cruise ships
Two Atlantic City casinos owned by Caesars Entertainment will start taking sports bets this week, and another two in Mississippi will do so in mid-August. Caesars Entertainment tells The Associated Press its Bally’s casino in Atlantic City will start taking sports bets at 11 a.m. Monday. Its sister casino in Atlantic City, Harrah’s will start taking sports bets on Wednesday. The company says it soon will offer mobile sports betting, as well, although it did not set a timetable. The gambling industry is closely watching to see which casino will be the first in New Jersey to offer online sports betting following a May ruling by the U.S. Supreme Court on a case brought by the state that cleared the way for all 50 states to offer legal sports betting, should they choose. By mid-August, Harrah’s Gulf Coast in Biloxi and Horseshoe Tunica, both in Mississippi, will begin taking on-premises sports bets. The company says it may expand the mobile betting app to other states … [Read more...] about Caesars launching sports betting in Mississippi, New Jersey