The explosion of online sports betting with Eric Lipton

Inside the explosion of online sports betting with Eric Lipton: podcast and transcript

Chris Hayes talks with Pulitzer Prize-winning New York Times journalist Eric Lipton about the rise of online sports.

10 May 2023, 20:51 utc Why is this happening?

You've probably seen ads for sports betting. Over the past few years, the number of ads from these companies like Draftkins and Fanduel - online sports engines - has increased. Currently, betting companies waste $1 billion a year on advertising. At the same time, excitement is building on the front end as betting impacts our perception of sports, the inaccessibility of centralized federal matching, and the possibility of matching. Eric Lipton is a Pulitzer Prize-winning correspondent and creator of research for the New York Times. He has been looking behind the scenes of the sports betting boom for years. Lipton joined the pod to discuss the inclusion of sports betting ads in almost every sports broadcast, the role of lobbying in the explosion of online starts, how it's regulated here and how we got to the stage where almost everything else is regulated.

Note: This is a preliminary entry.

Eric Lipton: It effectively became a gambling business. You understand that sports were a huge business every time they were in the business of charging money. But it was a game. It was entertainment. It became part of the gambling business. And this is what changed the Yankees' attitude towards sports, from the very bottom up.

Chris Hayes Hello, this is the ownership of the show "Why is this happening?" I'm Chris Hayes, your representative.

If you're considered a sports fan, I consider them, and it's probably more annoying than I'd like, I spend a lot of time on sports, you've noticed recently, I would probably declare two or three years, and only sports broadcasting and every nuance of sports attributes, the invasion of sports betting.

When you watch a match, I usually watch basketball, football, baseball, and in the breaks between them, you can see the first ads of a large number of all kinds of sports bookmakers, as well as, often, Las Vegas casinos have created their own online-brands, for example Caesars or MGM. Sometimes these are purely online organizations, these as conceptkings, etc. But in the sky where the top big stars gather, these like Jamie Foxx or Kevin Hart, are removed with a nice glossy advertisement for sports betting.

And these are not just rudimentary sports betting in marketing breaks. It is actually included in the broadcast in the fact that the TV presenters themselves have this IRGE track updated, is it true? For example, the track is, well, you see that one team is favored to seven points and seven and a half points - this is usually done.

To win the bet, you have to win with an advantage of eight points. And one fifty percent, they are no longer good, and as a result, the work drops to three and a half or here. For example, you can participate in the interval, right? And I saw it, and actually that it's pretty bold, and too much.

Also, it's basically pretty irritating to see it leaking in the same way in basically any sports broadcast. I wrote about this on Twitter. And people like me saw it everywhere as a result of what I think is one of the rare things in American life that involves all kinds of political and ideological commitments. This feeling, in fact, is sports betting, and it has colonized an entire competent sport in this way, and is probably being looked at abnormally nervously.

And I'm keeping in mind that people are betting on sports a lot more than they used to. You download the application, myself for example. For example, last year during the NFL playoffs, I did this with a friend. You can load the application. And in a few minutes direction. Again, depending on which one you are, we can talk about this and you can make all the appearances of betting, all the reckless bets that you can only imagine yourself.

I believe that in the last few years, this has completely changed the skill of sports fandom and sports in general. And I still worry that it's heading for a big failure or decline.

Actually, I thought that the best person to talk about this would be Eric Lipton, a Pulitzer Prize-winning correspondent. Lipton is a reporter for The New York Times, he's won a Pulitzer Prize. There's been a big development in the content of sports betting, especially in the last few years.

So Eric, about the real estate that you covered on the show.

Eric Lipton: Thank you.

Chris Hayes: It must start in the background. Every time I compare the rates of sports, from a legal point of view, as a bookmaker and flea shops, bookmakers and flea shops for ourselves, as well as bookmakers and flea shops. I think I was saving the numbers. Only Las Vegas casinos can actually bet. And between March Madness Tournament, you can bet on some team.

However, until the explosive spread recently, it was done by a gray and illegal major sports book maker, right?

Eric Lipton: That's right. I have the opportunity to arrange the Supreme Court that the state did not actually rule in 2018 that the state had the right to pass the law to legalize sports betting in 2018. The single space was Las Vegas, which was played and created a sport rate, and it was a place in many cheap games, or at the time of the offshore-website, and the dark market If you bet illegally.

And, for example, in the United States, lawyer expenses for sports were free until 2018.

Chris Hise: And how was it actually before the Supreme Court in 2018?

Eric Lipton: Basically, New Jersey has decided to make a federal law, which is forbidden to legalize sports betting. This happened when Chris Christie was the governor. They were concerned about the Atlantic City crisis while seeing the crisis of New Jersey, while other states such as Pennsylvania, such as Pennsylvania, legal in New Jersey.

He decided that one of the ways to improve the function of Atlantic City was the legalization of sports betting in Atlantic City. As a result, the decision was made to allow sports betting in Atlantic City. However, as soon as I came up with this idea, I immediately "I have to legalize sports betting in New Jersey."

In the future, a law to legalize sports fees has been established in New Jersey. The Professional Sports League immediately sued New Jersey to court and appealed to be illegal. This is contrary to the Federal Law. This is contrary to the Federal Law. And it went to the authorities. New Jersey has been losing to the Supreme Court all the time.

Chris Hayes: And in accordance with the Federal Law, the only space that can be done is Nevada?

Eric Lipton: Exactly. The inconsistency was in the law itself.

Chris Hayes: That's a little bit difficult to defend.

Eric Lipton: Exactly. It was inconsistent. How was this possible? In a way, it's unconstitutional, because you're granting rights to one state while denying other states every opportunity.

I think Chris Christie and the New Jersey legal counsel initially believed that their law was clearly not in line with federal law, but that this federal law was the fastest and had the opportunity to be stayed by the courts.

Chris Hayes: And then it went to court, and the court ruled in favor of New Jersey, and essentially the law was stayed.

Eric Lipton: Exactly, in 2018.

Chris Hayes: What happens then? What kind of Pandora's box does it open?

Eric Lipton: The advent of daily fantasy sports already had almost experimental options. Do you remember?

Chris Hayes: Yes.

Eric Lipton: The pressure of advertising daily fantasy sports and the global attempt to attract people who wanted to place bets from their mobile phone devices, not from real games with real players. And this appearance showed how a huge inventory could be mobile phones as betting devices. With this data, there are plenty of opportunities to be agile.

And I believe what happened was that as betting went online, the casinos, which are facing each other here, realized the potential of daily fantasy sports.

So casinos, professional sports teams, and DraftKings and FanDuel, which train daily fantasy sports, combined to provide this for the United States. And once the Supreme Court concluded, lobbying began en masse to legalize sports betting at the state level.

Chris Hayes: Let's return to Fanduel-Daftkings. Fantasy Ligami probably knows well. You can change the place when you change, cut, or compete with other people who do the same. People are very interested in this. It has been around for a long time.

But recently, I think it's getting more intense as part of the culture. I know people going to the draft at the beginning of the season. And it seems that the popularity in this direction is growing.

Fanduel and Draftkings have made such a thing-it was a kind of bypass, and I was able to bet on such a fantasy line. If I understand correctly, this is a red line that the actual league is always concerned.

Eric Lipton: That's right. In each state, this is a kind of gambling, decling legal license, and faces the problem. However, they walked around the state and proved that this was a skill game, not gambling.

Until a certain extent, a campaign to establish laws and rules in each state indicated that professional sports leagues and casinos could not be accepted unless they were passed through the state. That's it.

Chris Hayes: I understand.

Eric Lipton: And now, the people involved in Daily Fantasy Sport have achieved that about 30 different states have actually given their official permission. In New York, Daily Fantasy Sports was temporarily banned. Later, they mobilized and persuaded more than 30 states to recognize them as a legal form of games.

In other words, it was an early tes t-based initiative to legalize sports fees. Daily Fantasy Sports has become an important demonstration that indicates how it can be achieved at the national level.

That means that the Professional Sports League sued New Jersey. That means that the Professional Sports League sued New Jersey. You may need to talk a little about it. < SPAN> Chris Hayes: Let's return to Fanduel-Daftkings. Fantasy Ligami probably knows well. You can change the place when you change, cut, or compete with other people who do the same. People are very interested in this. It has been around for a long time.

But recently, I think it's getting more intense as part of the culture. I know people going to the draft at the beginning of the season. And it seems that the popularity in this direction is growing.

Fanduel and Draftkings have made such a thing-it was a kind of bypass, and I was able to bet on such a fantasy line. If I understand correctly, this is a red line that the actual league is always concerned.

Eric Lipton: That's right. In each state, this is a kind of gambling, decling legal license, and faces the problem. However, they walked around the state and proved that this was a skill game, not gambling.

Until a certain extent, a campaign to establish laws and rules in each state indicated that professional sports leagues and casinos could not be accepted unless they were passed through the state. That's it.

Chris Hayes: I understand.

Eric Lipton: And now, the people involved in Daily Fantasy Sport have achieved that about 30 different states have actually given their official permission. In New York, Daily Fantasy Sports was temporarily banned. Later, they mobilized and persuaded more than 30 states to recognize them as a legal form of games.

In other words, it was an early tes t-based initiative to legalize sports fees. Daily Fantasy Sports has become an important demonstration that indicates how it can be achieved at the national level.

That means that the Professional Sports League sued New Jersey. That means that the Professional Sports League sued New Jersey. You may need to talk a little about it. Chris Hayes: Let's return to Fanduel-Daftkings. Fantasy Ligami probably knows well. You can change the place when you change, cut, or compete with other people who do the same. People are very interested in this. It has been around for a long time.

But recently, I think it's getting more intense as part of the culture. I know people going to the draft at the beginning of the season. And it seems that the popularity in this direction is growing.

Fanduel and Draftkings have made such a thing-it was a kind of bypass, and I was able to bet on such a fantasy line. If I understand correctly, this is a red line that the actual league is always concerned.

Eric Lipton: That's right. In each state, this is a kind of gambling, decling legal license, and faces the problem. However, they walked around the state and proved that this was a skill game, not gambling.

Until a certain extent, a campaign to establish laws and rules in each state indicated that professional sports leagues and casinos could not be accepted unless they were passed through the state. That's it.

Chris Hayes: I understand.

Eric Lipton: And now, the people involved in Daily Fantasy Sport have achieved that about 30 different states have actually given their official permission. In New York, Daily Fantasy Sports was temporarily banned. Later, they mobilized and persuaded more than 30 states to recognize them as a legal form of games.

In other words, it was an early tes t-based initiative to legalize sports fees. Daily Fantasy Sports has become an important demonstration that indicates how it can be achieved at the national level.

That means that the Professional Sports League sued New Jersey. That means that the Professional Sports League sued New Jersey. You may need to talk a little about it.

Anyone who watched the Chicago White Socks scandal in the early 20th century would know that the team players were gambling. That's exactly what they left the game. If you recognize sports gambling, increase the number, legalize, and make it cheaper, there was a fear that members and competitors would dye their hands.

As a result, if you borrow a lot of money to the bookmaker, the bookmaker will, of course, say, "Return it." Be careful not to get 20 points the next evening. Right? And in the meantime, there is a chance that someone bets less to his personal performance and get a jackpot.

Is this idea covered by the whole topic for 100 years?

Eric Lipton: Yes, definitely. Especially in the baseball world, there was a precedent that Pete Rose and Pete Rose were betting on personal games while being coaches, and it was a dark plague god.

The licensed sports league mentioned in his lawsuit, exactly this practice, and at the same time complaining of New Jersey, in effect, which would impair the integrity of the game. Behind the lawsuit, when the court is likely to be on the New Jersey, they have already linked to Draft Kings and the Robyist of the Fandet duel, and in both states to legalize. I was negotiating.

Until a certain extent, a campaign to establish laws and rules in each state indicated that professional sports leagues and casinos could not be accepted unless they were passed through the state. That's it.

Chris Hayes In fact, when I talk about NBA stars or NBA, such as Kevin Durant, Devin Booker, and Giannis Antcumpo, I don't think so. I sincerely believe that these athletes will compromise and risk the million dollars earned on a specific side bet.

Until a certain extent, a campaign to establish laws and rules in each state indicated that professional sports leagues and casinos could not be accepted unless they were passed through the state. That's it.

Eric Lipton: That's right. < SPAN> Anyone who watched the "Eight Large Men" depicting the Chicago White Socks scandal in the early 20th century will know that the team players were gambling. 。 That's exactly what they left the game. If you recognize sports gambling, increase the number, legalize, and make it cheaper, there was a fear that members and competitors would dye their hands.

Until a certain extent, a campaign to establish laws and rules in each state indicated that professional sports leagues and casinos could not be accepted unless they were passed through the state. That's it.

Is this idea covered by the whole topic for 100 years?

Until a certain extent, a campaign to establish laws and rules in each state indicated that professional sports leagues and casinos could not be accepted unless they were passed through the state. That's it.

The licensed sports league mentioned in his lawsuit, exactly this practice, and at the same time complaining of New Jersey, in effect, which would impair the integrity of the game. Behind the lawsuit, when the court is likely to be on the New Jersey, they have already linked to Draft Kings and the Robyist of the Fandet duel, and in both states to legalize. I was negotiating.

Until a certain extent, a campaign to establish laws and rules in each state indicated that professional sports leagues and casinos could not be accepted unless they were passed through the state. That's it.

Chris Hayes In fact, when I talk about NBA stars or NBA, such as Kevin Durant, Devin Booker, and Giannis Antcumpo, I don't think so. I sincerely believe that these athletes will compromise and risk the million dollars earned on a specific side bet.

These platforms can literally bet anything.

Eric Lipton: That's right. Anyone who watched the Chicago White Socks scandal in the early 20th century would know that the team players were gambling. That's exactly what they left the game. If you recognize sports gambling, increase the number, legalize, and make it cheaper, there was a fear that members and competitors would dye their hands.

As a result, if you borrow a lot of money to the bookmaker, the bookmaker will, of course, say, "Return it." Be careful not to get 20 points the next evening. Right? And in the meantime, there is a chance that someone bets less to his personal performance and get a jackpot.

Is this idea covered by the whole topic for 100 years?

Eric Lipton: Yes, definitely. Especially in the baseball world, there was a precedent that Pete Rose and Pete Rose were betting on personal games while being coaches, and it was a dark plague god.

The licensed sports league mentioned in his lawsuit, exactly this practice, and at the same time complaining of New Jersey, in effect, which would impair the integrity of the game. Behind the lawsuit, when the court is likely to be on the New Jersey, they have already linked to Draft Kings and the Robyist of the Fandet duel, and in both states to legalize. I was negotiating.

In other words, they basically knew the end of everything. However, for example, the baseball world, for example, opposed the legalization of gambling to impair the integrity of the game. However, before the Supreme Court gave opinions, they adjusted their position.

Chris Haze In fact, when I talk about NBA star players or NBA, such as Kevin Durant, Devin Booker, and Giannis Antcumpo, I do not think so. I sincerely believe that these athletes will compromise and risk the million dollars earned on a specific side bet.

These platforms can literally bet anything.

Eric Lipton: That's right.

Chris Haze's NCAA Division I's mi d-meter basketball team has a strange play. Well, I don't know. If someone, for example, if the top scorer can evaluate this game and bet on thousands of dollars on it, it seems that there are many opportunities for corruption and scoring if it becomes an amateur sport or a sport that can be betting. 。

Eric Lipton: That's right. What I want to say is that the bet is not just who wins and who loses. Not only individual games, but also run, receiving yards, receiving, touchdown, intercept, scores, rebounds, assists, steel, blocks, three points, etc. In other words, there are all small things you can bet ...

It looks like Chris Hayes.

Besides winning or losing.

The professional league is forbidden to bet on players. For example, I think five NFL players have been disposed of recently. Because you know who is betting.

Every time a bet is made in the United States, a company called Geocomping receives a signal. You know who is bidding and the exact position of the person. Their computer approves each bid, and all platforms sign a contract with GeoComply. So they are ...

Chris Hayes is amazing.

Eric Lipton: -I know who bet and where the person is. Therefore, compliance can know if one of the players is using other people's mobile phones, and you can know who is betting.

Chris Hayes Please wait a moment. Please wait a moment. Apparently my idea is wrong. In other words, there are monopoly companies that contract with everyone.

Eric Lipton: That's right.

Chris Hayes: -The company is responsible for implementing rules. For example, if I want to be a college aspiring college, Iona near New York, it is not a major team in NCAA, but a Division I team. And, for example, if I'm an excellent player and want to earn more than a few thousand yen tonight, if I try to do it myself, this is me. I know it's a mobile phone.

Eric Lipton: That's right for your mobile phone. she...

Chris Hayes: That's right.

Eric Lipton: -Procyton is sent to GeoComply. For example, in Washington, you have to know the special Colombia ward. You cannot bet in the Federal Park. You can bet on the other side of the Federal Park. that's why...

But recently, I think it's getting more intense as part of the culture. I know people going to the draft at the beginning of the season. And it seems that the popularity in this direction is growing.

Your exact position should be known. And they ...

Chris Hayes: That's true.

This is one of the reasons for using a mobile phone. It is a dedication of a mobile phone.

Chris Hayes: That's right.

Eric Lipton: -Technology developed by Uber is the reason we are now mobile betting. This technology has appeared in the last 10 years, and delay, accuracy, confirmation ...

Chris Hayes: That's right.

Eric Lipton: -The opportunity, all of them. And this is what Daily Fantasy Sport shows, and these mobile phones have become an incredible tool for online shops. Until the revolution occurred, the company did not realize that he had to look at it and caught it.

Chris Hayse: In other words, after the Supreme Court ruling in 2018, everything happens. What happens? What kind of campaigns will be developed in each state for legalization?

Eric Lipton: These are really tremendous lobbies. Dozens of lobbyists are participating. In other words, I'm ...

Chris Hayes: Those seem to be a phenomenal scale, in other words. Every time I see something related to sports betting, I feel that this ad costs $ 5 million.

Eric Lipton: Yes.

Chris Hayes: And where do these people get that much money?

Chris Hayes: Those seem to be a phenomenal scale, in other words. Every time I see something related to sports betting, I feel that this ad costs $ 5 million.

Chris Hayes: Oh, God. < SPAN> Eric Lipton: -All speeds are sent to Geocomply. For example, in Washington, you have to know the special Colombia ward. You cannot bet in the Federal Park. You can bet on the other side of the Federal Park. that's why...

Until a certain extent, a campaign to establish laws and rules in each state indicated that professional sports leagues and casinos could not be accepted unless they were passed through the state. That's it.

Your exact position should be known. And they ...

Chris Hayes: That's true.

This is one of the reasons for using a mobile phone. It is a dedication of a mobile phone.

Chris Hayes: That's right.

Eric Lipton: -Technology developed by Uber is the reason we are now mobile betting. This technology has appeared in the last 10 years, and delay, accuracy, confirmation ...

Chris Hayes: That's right.

Eric Lipton: -The opportunity, all of them. And this is what Daily Fantasy Sport shows, and these mobile phones have become an incredible tool for online shops. Until the revolution occurred, the company did not realize that he had to look at it and caught it.

Chris Hayse: In other words, after the Supreme Court ruling in 2018, everything happens. What happens? What kind of campaigns will be developed in each state for legalization?

Eric Lipton: These are really tremendous lobbies. Dozens of lobbyists are participating. In other words, I'm ...

Chris Hayes: Those seem to be a phenomenal scale, in other words. Every time I see something related to sports betting, I feel that this ad costs $ 5 million.

Eric Lipton: Yes.

Chris Hayes: And where do these people get that much money?

Eric Lipton: Gambling companies spend $ 1. 5 billion on television and radio ads a year. This is a lot of money.

Chris Hayes: Oh, God. Eric Lipton: -Procyton is sent to GeoComply. For example, in Washington, you have to know the special Colombia ward. You cannot bet in the Federal Park. You can bet on the other side of the Federal Park. that's why...

Chris Hayes: That's right.

Your exact position should be known. And they ...

Chris Hayes: That's true.

This is one of the reasons for using a mobile phone. It is a dedication of a mobile phone.

Chris Hayes: That's right.

But recently, I think it's getting more intense as part of the culture. I know people going to the draft at the beginning of the season. And it seems that the popularity in this direction is growing.

Chris Hayes: That's right.

Eric Lipton: -The opportunity, all of them. And this is what Daily Fantasy Sport shows, and these mobile phones have become an incredible tool for online shops. Until the revolution occurred, the company did not realize that he had to look at it and caught it.

Chris Hayse: In other words, after the Supreme Court ruling in 2018, everything happens. What happens? What kind of campaigns will be developed in each state for legalization?

Until a certain extent, a campaign to establish laws and rules in each state indicated that professional sports leagues and casinos could not be accepted unless they were passed through the state. That's it.

Chris Hayes: Those seem to be a phenomenal scale, in other words. Every time I see something related to sports betting, I feel that this ad costs $ 5 million.

Eric Lipton: Yes.

Until a certain extent, a campaign to establish laws and rules in each state indicated that professional sports leagues and casinos could not be accepted unless they were passed through the state. That's it.

Eric Lipton: Gambling companies spend $ 1. 5 billion on television and radio ads a year. This is a lot of money.

Chris Hayes: Oh, God.

Eric Lipton: But the stat e-level campaign is large and carefully thought out. In Sports Betting, if the industry as a whole decides what the entire industry wants, the state is almost always decided. If there is a difference between companies such as casinos and Fanduel and Draftkings, videos players, companies, casinos, native American tribes and casinos, for example, in California, in California. The American tribes, Fanduel and Draftkings, were approaching each other and spent more than $ 500 million on competing referendum.

And it all turned into dust. If you ...

Chris Hayes is amazing.

Until a certain extent, a campaign to establish laws and rules in each state indicated that professional sports leagues and casinos could not be accepted unless they were passed through the state. That's it.

This is because the video slot company is desperately trying to get it. They want to get before their division. I want to get 10, 000 figures at a gas station. And until that is achieved, they will continue to crush the bill with Danny Hoskins, a supporter of the legal institution.

Until a certain extent, a campaign to establish laws and rules in each state indicated that professional sports leagues and casinos could not be accepted unless they were passed through the state. That's it.

There are dozens of lobbyists. They are all discussing these issues in Rotanda. And we cooperate with friends from legislative organizations to realize the wording that fits our interests.

Until a certain extent, a campaign to establish laws and rules in each state indicated that professional sports leagues and casinos could not be accepted unless they were passed through the state. That's it.

Eric Lipton: Most of them. This is what I saw. And if the consensus is not obtained, at least one person hinders the whole. That's what I saw. < SPAN> Eric Lipton: But the stat e-level campaign is large and carefully thought out. In Sports Betting, if the industry as a whole decides what the entire industry wants, the state is almost always decided. If there is a difference between companies such as casinos and Fanduel and Draftkings, videos players, companies, casinos, native American tribes and casinos, for example, in California, in California. The American tribes, Fanduel and Draftkings, were approaching each other and spent more than $ 500 million on competing referendum.

And it all turned into dust. If you ...

Chris Hayes is amazing.

Eric Lipton: Fratori side stops the movement of balls that accept new sports betting in the United States. For example, one year has passed, despite the fact that Kansas City has achieved great success in the team, and the price of sports will be zero.

This is because the video slot company is desperately trying to get it. They want to get before their division. I want to get 10, 000 figures at a gas station. And until that is achieved, they will continue to crush the bill with Danny Hoskins, a supporter of the legal institution.

There are lobbyists in the professional league. The casino has a lobbyist. People who play in the video slot also have lobbyists. Native American tribes have lobbyists.

There are dozens of lobbyists. They are all discussing these issues in Rotanda. And we cooperate with friends from legislative organizations to realize the wording that fits our interests.

Chris Hayes: In other words, if they all have the same team, they would like to unite and make a bill, and what they need to cut off everyone.

Eric Lipton: Most of them. This is what I saw. And if the consensus is not obtained, at least one person hinders the whole. That's what I saw. Eric Lipton: But the stat e-level campaign is large and carefully thought out. In Sports Betting, if the industry as a whole decides what the entire industry wants, the state is almost always decided. If there is a difference between companies such as casinos and Fanduel and Draftkings, videos players, companies, casinos, native American tribes and casinos, for example, in California, in California. The American tribes, Fanduel and Draftkings, were approaching each other and spent more than $ 500 million on competing referendum.

Until a certain extent, a campaign to establish laws and rules in each state indicated that professional sports leagues and casinos could not be accepted unless they were passed through the state. That's it.

Chris Hayes is amazing.

Eric Lipton: Fratori side stops the movement of balls that accept new sports betting in the United States. For example, one year has passed, despite the fact that Kansas City has achieved great success in the team, and the price of sports will be zero.

This is because the video slot company is desperately trying to get it. They want to get before their division. I want to get 10, 000 figures at a gas station. And until that is achieved, they will continue to crush the bill with Danny Hoskins, a supporter of the legal institution.

There are lobbyists in the professional league. The casino has a lobbyist. People who play in the video slot also have lobbyists. Native American tribes have lobbyists.

There are dozens of lobbyists. They are all discussing these issues in Rotanda. And we cooperate with friends from legislative organizations to realize the wording that fits our interests.

Until a certain extent, a campaign to establish laws and rules in each state indicated that professional sports leagues and casinos could not be accepted unless they were passed through the state. That's it.

Eric Lipton: Most of them. This is what I saw. And if the consensus is not obtained, at least one person hinders the whole. That's what I saw.

Chris Hayes: How is the tax revenue here regulated? In general, in the United States, gambling has a special tax, but does profits are specially distributed? Or is it a normal income, that is, in the report as a regular income, and if there is an income tax, will it be received by this method?

Eric Lipton: No. In fact, it turned out to be one of the main areas of lobby activities. For example, 60 % to 10 % of the states failed. And 50 % for New York staff, according to the industry's view, is a huge fraction of the total.

For example, in January, New York has collected $ 900 million taxes. This is a ridiculous number

Chris Hayes: Oh, amazing. This is a fairly large number.

Chris Hayes: Those seem to be a phenomenal scale, in other words. Every time I see something related to sports betting, I feel that this ad costs $ 5 million.

Depending on the state, you can apply for all campaigns to get more than $ 10, 000. Many states do not need to pay taxes from promotional data. He talks about more than $ 1 billion of shares, which was carried out to start people to make sports charges.

Therefore, the state is substantially part of the advertising campaign and provides incentive promotion without paying taxes.

Chris Hayes: Wow. Finally, $ 1 billion has fallen to me. I think it was in the middle of NFL pla y-off. I believe it as a result of it is fresh. I live in New York, and New York has the ability to legalize elementary. And when New York legalized in the first NFL playoffs, they think they threw elementary money. it is...

Eric Lipton: That's right.

Chris Lotus (Hasu): Surprisingly, I have such feelings, but here's a mistake here, but it's a parable, but wait a little. What am I missing here? < SPAN> Chris Hayes: How is the tax revenue here regulated? In general, in the United States, gambling has a special tax, but does profits are specially distributed? Or is it a normal income, that is, in the report as a regular income, and if there is an income tax, will it be received by this method?

Eric Lipton: No. In fact, it turned out to be one of the main areas of lobby activities. For example, 60 % to 10 % of the states failed. And 50 % for New York staff, according to the industry's view, is a huge fraction of the total.

Until a certain extent, a campaign to establish laws and rules in each state indicated that professional sports leagues and casinos could not be accepted unless they were passed through the state. That's it.

Chris Hayes: Oh, amazing. This is a fairly large number.

Eric Lipton: -Connect tax. However, in other states, the tax rate is 10 % or 8 %. This is one of the main issues in the lobby activity. And in other states, you can still see these marketing promotions. $ 5, 000.

Depending on the state, you can apply for all campaigns to get more than $ 10, 000. Many states do not need to pay taxes from promotional data. He talks about more than $ 1 billion of shares, which was carried out to start people to make sports charges.

Chris Hayes: Yes.

Chris Hayes: Wow. Finally, $ 1 billion has fallen to me. I think it was in the middle of NFL pla y-off. I believe it as a result of it is fresh. I live in New York, and New York has the ability to legalize elementary. And when New York legalized in the first NFL playoffs, they think they threw elementary money. it is...

Eric Lipton: That's right.

But recently, I think it's getting more intense as part of the culture. I know people going to the draft at the beginning of the season. And it seems that the popularity in this direction is growing.

Eric Lipton: No. In fact, it turned out to be one of the main areas of lobby activities. For example, 60 % to 10 % of the states failed. And 50 % for New York staff, according to the industry's view, is a huge fraction of the total.

For example, in January, New York has collected $ 900 million taxes. This is a ridiculous number

Chris Hayes: Oh, amazing. This is a fairly large number.

Eric Lipton: -Connect tax. However, in other states, the tax rate is 10 % or 8 %. This is one of the main issues in the lobby activity. And in other states, you can still see these marketing promotions. $ 5, 000.

Depending on the state, you can apply for all campaigns to get more than $ 10, 000. Many states do not need to pay taxes from promotional data. He talks about more than $ 1 billion of shares, which was carried out to start people to make sports charges.

Therefore, the state is substantially part of the advertising campaign and provides incentive promotion without paying taxes.

Chris Hayes: Wow. Finally, $ 1 billion has fallen to me. I think it was in the middle of NFL pla y-off. I believe it as a result of it is fresh. I live in New York, and New York has the ability to legalize elementary. And when New York legalized in the first NFL playoffs, they think they threw elementary money. it is...

Eric Lipton: That's right.

Chris Lotus (Hasu): Surprisingly, I have such feelings, but here's a mistake here, but it's a parable, but wait a little. What am I missing here?

However, some of the things I have overlooked are a), if this is the leader in the loss, the application is a very large player if some of these people are very large. Will return money. In other words, it seems that this money is not paying taxes, so it is tax saving.

Until a certain extent, a campaign to establish laws and rules in each state indicated that professional sports leagues and casinos could not be accepted unless they were passed through the state. That's it.

Chris Hayes: Oh, that's right.

Until a certain extent, a campaign to establish laws and rules in each state indicated that professional sports leagues and casinos could not be accepted unless they were passed through the state. That's it.

Chris Hayes: they just ate it. They just regard it as a loss.

Eric Lippon: The important thing is what is happening now, that is, a lot of changes in the field of sports betting. Then, let's talk about some of the changes that are happening in order to deal with too much advertising and advertising fees.

More than half of the US population can suddenly bet from mobile phones. Because you can bet on a mobile phone, it is the largest gambling in the United States.

This is not just a real store casino. This is not a convenient time for you ...

Chris Hayes: Yes.

At a store that buys lottery. In the pocket. It is available 24 hours a day. There was a dark market for a long time. But now, the legal approval of the country can make a 2 4-hour sport prize from smartphones. This was the first stage.

But now we are starting to face the opposite reaction. This has begun in recent months. However, back to the issue of advertising fees, one of the New York State members I spoke in this issue said that companies did not allow companies to distribute alcohol to companies for free. Free distribution of marijuana is prohibited in New York. Then ...

Chris Hayes: Yes.

Eric Lipton: And both are potentially addictive products. Then why ...

Chris Hayes: That's right. < SPAN> However, some of the things I have overlooked A) First of all, if this is the leader in the loss, the application is a very large player, if some of these people will be a very large player. Well, they will return money. In other words, it seems that this money is not paying taxes, so it is tax saving.

Eric Lipton: New York did not actually offer no n-core advertising fees.

Chris Hayes: Oh, that's right.

Is this idea covered by the whole topic for 100 years?

Chris Hayes: they just ate it. They just regard it as a loss.

Eric Lippon: The important thing is what is happening now, that is, a lot of changes in the field of sports betting. Then, let's talk about some of the changes that are happening in order to deal with too much advertising and advertising fees.

More than half of the US population can suddenly bet from mobile phones. Because you can bet on a mobile phone, it is the largest gambling in the United States.

This is not just a real store casino. This is not a convenient time for you ...

Chris Hayes: Yes.

At a store that buys lottery. In the pocket. It is available 24 hours a day. There was a dark market for a long time. But now, the legal approval of the country can make a 2 4-hour sport prize from smartphones. This was the first stage.

But now we are starting to face the opposite reaction. This has begun in recent months. However, back to the issue of advertising fees, one of the New York State members I spoke in this issue said that companies did not allow companies to distribute alcohol to companies for free. Free distribution of marijuana is prohibited in New York. Then ...

Chris Hayes: Yes.

Eric Lipton: And both are potentially addictive products. Then why ...

Chris Hayes: That's right. However, some of the things I have overlooked are a), if this is the leader in the loss, the application is a very large player if some of these people are very large. Will return money. In other words, it seems that this money is not paying taxes, so it is tax saving.

Eric Lipton: New York did not actually offer no n-core advertising fees.

Chris Hayes: Oh, that's right.

but

Chris Hayes: they just ate it. They just regard it as a loss.

Eric Lippon: The important thing is what is happening now, that is, a lot of changes in the field of sports betting. Then, let's talk about some of the changes that are happening in order to deal with too much advertising and advertising fees.

More than half of the US population can suddenly bet from mobile phones. Because you can bet on a mobile phone, it is the largest gambling in the United States.

This is not just a real store casino. This is not a convenient time for you ...

Chris Hayes: Yes.

Chris Hayes: Yes.

But now we are starting to face the opposite reaction. This has begun in recent months. However, back to the issue of advertising fees, one of the New York State members I spoke in this issue said that companies did not allow companies to distribute alcohol to companies for free. Free distribution of marijuana is prohibited in New York. Then ...

Chris Hayes: Yes.

Eric Lipton: And both are potentially addictive products. Then why ...

Chris Hayes: That's right.

Eric Lipton: "Especially if you don't give tax incentives, why do you acknowledge that you will be able to distribute incentives to gambling smoothly? And he proposed a bill. But more states are. We have actually started chatting that there is no need to use these preparations related to ris k-free or CadeaArms, and the company itself has begun to refuse them for the fact that they are actually confused. It is not safe, especially for those who have actually started working and are particularly likely to be dependent.

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Elim Poon - Journalist, Creative Writer

Last modified: 27.08.2024

New York Times reporter Eric Lipton tells of the lobbying, favorable deals, partnerships and human impact following that decision. irond.info 44 Eric Lipton, Kevin Draper, First Came the Sports Betting Boom. Now. The Explosion of Online Sports Betting with Eric Lipton (Podcast Episode ) cast and crew credits, including actors, actresses, directors.

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