The term ‘too big to fail’ must be excised from our vocabulary. —Jamie Dimon |
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27th September 2017 | SHARE THIS | ||||
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The Story | |||||
A nationwide survey in the U.S. has shown that 55% of adults are in favor of legal sports betting, a sign that efforts of various states and groups to legalize sports betting won’t be for nothing. |
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Tell me more about it. |
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The results of the survey, which involved 1,000 respondents contacted from August 14 to 21, showed that 55% are in favor of legalizing sports betting while 33% opposed it. The Washington Post, which published the results of the survey, said that it was the first poll to indicate majority support for legal wagering. |
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But it isn’t the first time that legal sports betting got majority support. |
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A 2014 Seton Hall University survey found similar levels of support (55%) for legal betting. But a more recent Seton Hall Sports Poll showed support at just 46%. |
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Times have changed. |
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Indeed. The results of the survey stand in stark contrast to the Gallup/CNN/USA Today poll conducted in 1993 – one year after the federal PASPA sports betting prohibition took effect – which found just 41% of respondents approved of legal betting versus 56% who stood opposed. |
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Takeaway |
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The survey only shows the change in the perception of Americans with regard to sports betting. The support of the punters will bolster the case of New Jersey state government to ask the U.S. Supreme Court to repeal the antiquated 1992 Professional and Amateur Sports Protection Act (PASPA) which bans sports betting. |
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Paris Smith: eSports fans wants the right thing |
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In this interview with Becky Liggero, Pinnacle CEO Paris Smith shares how her company started its venture into eSports and how they respond to the demands of the growing market. |
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Macau’s landmark casino cryptocurrency offer reveals ties to ‘Broken Tooth’ Koi | |||||
The South China Morning Post published photographs that showed Wan Kuok Koi, the former leader of the notorious 14K Triad, at a signing ceremony between Dragon Corp. and Thailand-based Wi Holding. |
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Atlantis Paradise Island casino welcomes first female president | |||||
Brookfield Asset Management announced the hiring of Audrey Oswell as the new president and managing director of Atlantis Paradise a week after former president Howard Karawan was abruptly shown the door. |
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Hawaii illegal gambling den crackdown nets 35 people | |||||
At least 35 people were arrested by the authorities in Oahu as the police steps up on its campaign against gambling. |
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In 2004, Paul Newey, known for wagers up to £300,000 per spin on roulette, took £3 million from the Star City Casino in Birmingham, UK. Newey’s win forced casino owners Stanley Leisure to issue a profit warning. |
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To keep employees inspired and feel a sense of belongingness in large organizations, managers should delegate work to employees and get them involved in management conferences. |
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Bede places focus on partnership as global reach expands |
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Bede Gaming is building an alternative route for operators that gives them the flexibility to build their own offering on top of an established and high performing platform. |
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Congratulations to Fredrik Burvall for being appointed to the Board of Directors of leading player retention solutions provider Enteractive. Before joining Enteractive, Burvall stayed for 10 years at the Cherry Group where he acted as CFO and most recently Group CEO. |
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