Good news from Ohio - Sports betting will be legal now.

[pwnrman]

There will always be illegal gambling so i am not sure why other states don't sign the bill as well.

[1715691175]

1715691175

[Saisher]

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. 

[Ucy]

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/

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

[MCobian]

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.

[Swordsoffreedom]

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.

[swogerino]

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.

[Sanitough]

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.

That's my theory too, it's very timely so we can only think that it's related to effect of the current situation.
It's just sports betting but sports betting is a big industry and I think majority of big bettors are betting on sports, and as this industry is growing, it would also result to a positive impact on a certain country's economy.

Like I said, they are a billion dollars industry.

https://www.marketwatch.com/story/firms-say-sports-betting-market-to-reach-8-billion-by-2025-2019-11-04

NEW YORK (AP) — Investors and sports betting companies are running up the score when it comes to sports betting, predicting the fast-growing industry will be a $7 billion to $8 billion business in the U.S. within five years.

[Stedsm]

What about those countries where gambling is illegal? Will such countries categorise as well as consider sports betting as a different and somewhat responsible way of gambling and legalize it at their own place? It ain't no easy task considering that even US took this longer to come up with such decision.

[Lanatsa]

What about those countries where gambling is illegal? Will such countries categorise as well as consider sports betting as a different and somewhat responsible way of gambling and legalize it at their own place? It ain't no easy task considering that even US took this longer to come up with such decision.

Not all would really be that equal in terms of government decisions if you do try to compare US to smaller countries.It doesnt really have the difference yet they can make their own laws and prohibitions as they like.

No one can tell if when they would give out that consideration and totally open up gambling industry to operate into their vicinity.It all matters with their decisions and they might changed up their minds now specially
into this current condition and they do know the possible benefits that it can give out if they would decide to open doors.

[Hippocrypto]

What about those countries where gambling is illegal? Will such countries categorise as well as consider sports betting as a different and somewhat responsible way of gambling and legalize it at their own place? It ain't no easy task considering that even US took this longer to come up with such decision.

Not all would really be that equal in terms of government decisions if you do try to compare US to smaller countries.It doesnt really have the difference yet they can make their own laws and prohibitions as they like.

No one can tell if when they would give out that consideration and totally open up gambling industry to operate into their vicinity.It all matters with their decisions and they might changed up their minds now specially
into this current condition and they do know the possible benefits that it can give out if they would decide to open doors.

That remains a tentative decision which will take effect once they made their final conclusions about that concerns. However, the government is very tight on their laws, so it need perfect time before everything will become successful particular with gambling. This is really a serious cases nowadays since pandemic is still a major concerns of the authority.

[Oasisman]

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.

Usually the people who are against on opening up the casinos, sports betting, and other forms of gambling are those who are active on religious sector.
I don't think religion is considered as a good contributor in the economic growth of such society?
Nevertheless, any forms of gambling will help cope up with the economic damage caused by the pandemic today. Assuming more than half of the population in a specific area are regular and casual gamblers.

However, one of the main reason that some governments are looking into when allowing gambling activities, is the risks of further spread of the virus.
Most governments nowadays is in the middle of uncertainty. Whether they tighten the national health security or salvaging the economic state of the country.

[freedomgo]

What about those countries where gambling is illegal? Will such countries categorise as well as consider sports betting as a different and somewhat responsible way of gambling and legalize it at their own place? It ain't no easy task considering that even US took this longer to come up with such decision.

Sports betting still falls into the category of gambling, I don't know what's the reason why it wasn't legalize before but if other countries have legalize sports betting, then I guess there is nothing wrong for them legalize it, this is an income generating approval, why would it take so long to legalize sports betting.

Well, I might be bias as I am a fan, I usually gamble in sports more than any other games in the crypto space.

I'll end this post with a question too, what if China will legalize sports betting? Would that make their economy better?

[Stedsm]

What about those countries where gambling is illegal? Will such countries categorise as well as consider sports betting as a different and somewhat responsible way of gambling and legalize it at their own place? It ain't no easy task considering that even US took this longer to come up with such decision.

Not all would really be that equal in terms of government decisions if you do try to compare US to smaller countries.It doesnt really have the difference yet they can make their own laws and prohibitions as they like.

No one can tell if when they would give out that consideration and totally open up gambling industry to operate into their vicinity.It all matters with their decisions and they might changed up their minds now specially
into this current condition and they do know the possible benefits that it can give out if they would decide to open doors.

Why do you believe that other countries' governments (small countries I'm talking about) would allow gambling during this pandemic situation when they know that people are out of money and are even taking moratorium on loans to extend their repayment dates, when they know that they are helping people by sending some specified amounts in their local currencies to their citizens' bank accounts from the government treasuries? Do you think they'd allow people to probably gamble and lose all that money that they got from the government itself for their own welfare during this situation?

[Oilacris]

What about those countries where gambling is illegal? Will such countries categorise as well as consider sports betting as a different and somewhat responsible way of gambling and legalize it at their own place? It ain't no easy task considering that even US took this longer to come up with such decision.

Not all would really be that equal in terms of government decisions if you do try to compare US to smaller countries.It doesnt really have the difference yet they can make their own laws and prohibitions as they like.

No one can tell if when they would give out that consideration and totally open up gambling industry to operate into their vicinity.It all matters with their decisions and they might changed up their minds now specially
into this current condition and they do know the possible benefits that it can give out if they would decide to open doors.

Why do you believe that other countries' governments (small countries I'm talking about) would allow gambling during this pandemic situation when they know that people are out of money and are even taking moratorium on loans to extend their repayment dates, when they know that they are helping people by sending some specified amounts in their local currencies to their citizens' bank accounts from the government treasuries? Do you think they'd allow people to probably gamble and lose all that money that they got from the government itself for their own welfare during this situation?

You are right and its just no sense if they would open or make it legal this time to those smaller countries which arent really that much capable
for its citizens to spend up money on playing games instead on buying their own food for them to survive.For big countries then they can
possibly make such decision but for small countries then that wont really be into their priority because they do know that it isnt really
that helping at all.

[shoreno]

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.

nothing wrong in sports betting/ gambling itself but there can be for the people who hold or operate it   . match fixing is considered as cheating same as scamming  . those kind must be bust and closed but others that operates in a legit way should be legalize  .   

its not what you calll a disadvantage but the real disadvantage on here on gambling is when people loose thier money and got addicted but that can still be manageable or can be controlled  . 

[STT]

Better late then never, reminds me of modern prohibition where some will go ahead anyway and theres no real point to barring the public from a normal activity which gambling is.   It introduces more competition so I'm not sure its good news for all exactly but its probably the best for the state overall to allow.   Probably a good thing even for sports itself as there is some possibility of sponsorship and advertising revenue that was previously not possible.

[Lanatsa]

What about those countries where gambling is illegal? Will such countries categorise as well as consider sports betting as a different and somewhat responsible way of gambling and legalize it at their own place? It ain't no easy task considering that even US took this longer to come up with such decision.

Not all would really be that equal in terms of government decisions if you do try to compare US to smaller countries.It doesnt really have the difference yet they can make their own laws and prohibitions as they like.

No one can tell if when they would give out that consideration and totally open up gambling industry to operate into their vicinity.It all matters with their decisions and they might changed up their minds now specially
into this current condition and they do know the possible benefits that it can give out if they would decide to open doors.

Why do you believe that other countries' governments (small countries I'm talking about) would allow gambling during this pandemic situation when they know that people are out of money and are even taking moratorium on loans to extend their repayment dates, when they know that they are helping people by sending some specified amounts in their local currencies to their citizens' bank accounts from the government treasuries? Do you think they'd allow people to probably gamble and lose all that money that they got from the government itself for their own welfare during this situation?

Here on my country they do already re-open these gambling places/casinos in spite of being a poor country because they do hope that they can able to extract out taxation into these businesses.You got the point though where people arent really that much into playing because of the crisis but not for those people who do have deep wallets or pockets which means they can still potentially get some customers amidst of this pandemic which do basically means that they can still taxed in.Other places might have the same decisions too because it wont be feasible if they would held up for too long specially on poor countries.

[antex]

Legalization of sports bets in Ohio is very good news, especially when you hear only bad news from everywhere.

[verita1]

It is a bill that could become law later this year if Ohio senators fully endorse it. And it would become the next state to offer legal provider of sports betting services.

Interested in knowing more about the states that offer legal sports betting services in the USA.

https://www.legalsportsreport.com/sportsbetting-bill-tracker/

[aioc]

$23 million is already a big amount not too mention those people employed and will be employed on the gambling market, no wonder it generated a big number of votes favoring this law, this is indeed good news to Ohians because they have an industry that will add revenue to their coffer.