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If the Vegas Raiders make the Super Bowl, can no one place bets?
Posted on 5/12/18 at 1:00 pm
Posted on 5/12/18 at 1:00 pm
I saw that the Golden Nugget can't take bets on Rocket games because the owner owns the team. Are betters allowed to bet on local teams at casinos? The Super Bowl is the biggest gambling event out there.
Posted on 5/12/18 at 1:01 pm to JabarkusRussell
I was recently in Vegas and people had no issues betting on the Golden Knights
Posted on 5/12/18 at 1:07 pm to JabarkusRussell
Do you not see a difference in the situation in which the owner also owns the team?
Posted on 5/12/18 at 1:09 pm to JabarkusRussell
When the Maloofs owned the Palms and the Sacramento Kings, you couldn't bet on any Kings games there.
Posted on 5/12/18 at 3:09 pm to thetigerman
Yeah, Silverton Casino you can't bet Lakers or Kings as the owner is part owner of both.
Posted on 5/12/18 at 5:34 pm to JabarkusRussell
eros-lasvegas.com
This post was edited on 5/12/18 at 5:35 pm
Posted on 5/12/18 at 6:18 pm to JabarkusRussell
You used to not be able to bet on any Vegas team, but they changed the law in 2000’s. When UNLV would play in NCAAT Final Four the books lost massive money. They wouldn’t accept regular season bets on UNLV either.
This post was edited on 5/12/18 at 6:19 pm
Posted on 5/13/18 at 12:44 am to JabarkusRussell
You know there's a professional Vegas team in their conference finals right now...
Posted on 5/13/18 at 7:34 am to JabarkusRussell
quote:
If the Vegas Raiders make the Super Bowl, can no one place bets?
I'm going to assume prohibitions on taking bets deals with a personal interest. That shouldn't be a problem for any NFL team as they prohibit (not always successfully) NFL owners from having an interest in gambling operations.
LINK
quote:
Urban legend says Steelers founder Art Rooney Sr. bought the team in 1933 with horse race winnings: That is in dispute, but certainly two big days at the track in 1936 let him keep the Steelers alive during the Depression. He joined other early team owners with links to the gambling world, including Chicago Cardinals founder Charles Bidwill Sr. , a horse track owner like Mr. Rooney, and New York Giants founder Tim Mara, a (then-legal) bookie.
quote:
So over the years, as the league has taken a hard stance against casino-based forms of gambling, team owners have been allowed to keep an interest in dog and horse racing, as "a narrow, historically based exception" to the league's rules, NFL spokesman Greg Aiello said yesterday.
Otherwise, those rules clearly prohibit team owners -- such as the five Rooney brothers who share an 80 percent interest in the Steelers -- from owning other gaming ventures. Under a league policy last reviewed in 1997, team owners are barred from owning not just casinos but "card rooms, lotteries, slot machines and the like."
The Rooney-owned Palm Beach Kennel Club in West Palm Beach, Fla. -- a dog track with televised horse racing -- opened its first poker card room in 1997. State-sanctioned increases to poker bets that took effect last summer have helped the club gather almost $10 million in poker bets over the past year, the most card room receipts of any track in the state, according to Florida's Division of Pari-Mutuel Wagering. (Through May, it took in $82 million in live and televised track bets during the 2007-08 fiscal year.)
As I said, sometimes the rules get broken, and then it takes 10-15 years to settle things out.
Posted on 5/13/18 at 9:24 am to JabarkusRussell
No way the NFL would allow a team to move somewhere if it affected the ability to bet. Betting drives the NFL, and probably will even more so in the future.
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