The number of sports-loving fans around the world is rapidly increasing, and it shows no sign of diminishing.
Unfortunately, legal issues surrounding sports betting have been a stumbling block to the development of the legitimate sports betting market in the United States.
The issue finally went to the U.S. Supreme Court, which decides the Professional and Amazon Sports Protection Act (PASPA), a federal anti-game corporation that aims to prevent the spread of sports betting outside Nevada, Oregon, Delaware and Montana. According to the latest news, the South Dakota Department of Revenue has already presented a "white paper" referring to the potential for development in sports betting if given a "white paper." 바카라
South Dakota Gov. Dennis Dowgard backed New Jersey to legalize sports betting and nullify PASPA, state Treasurer Andy Geragh says. Last week, Gov. Geragh's department released a copy of a "white paper" containing recommendations related to the final sports betting bill.
Mr. Geragh explained that assuming the U.S. High Court abolishes the PASPA, the state should prepare for a revision of the South Dakota Constitution. With the majority support of the Senate and the House of Representatives, the state legislature can propose a constitutional amendment for a statewide vote.
What recommendations are included in the "White Paper"
First of all, the advice of the state's finance minister is to give more power to the gaming board to oversee sports betting operations. What's interesting here is that the gaming board is responsible for regulating betting on horse and dog races and deadwood gambling houses. South Dakota's gambling regulator, on the other hand, is overseen by the state Treasury.
In this sense, "White Paper" also recommends that only businesses licensed by the Game Commission be authorized to do sports betting, and separately suggests that importing countries should prohibit individuals from getting permission to legally receive betting.
An interesting aspect of the "white book" is the idea that all South Dakota facilities that allow sports betting should be part of a large betting pool. Full betting is almost the same as most lotteries where all players buy tickets and all winners share their winnings.