Many are wondering what will happen with affiliates when PASPA repeal, which seems inevitable after the latest New Jersey supreme court case, ends up happening.
At Price Per Head we believe this will have an overall positive effect. Thought we believe it will be much more gradual and mixed than most people imagine.
We'll start off by going into the fact that once you repeal PASPA, there are 50 different state legislatures that will have to be contended with. Additionally, there are number of industry and sporting actors who want to take a share of the pie.
For example, the leagues want big bucks. But many sportsbooks barely make a living and feel it is the leagues that should be paying them for promoting their product.
Additionally you are going to have dozens of licensing processes and many legal grey areas.
In some areas the repeal of PASPA might actually kill legitimate bookies and create a situation when illegal bookies reign supreme. This could happen if the cost for providing service is too onerous. We already know the tax situation for gambling in the US is terrible, so it is to be seen what happens when the lawmakers come out, hat in hand, now that legalization is on the table again.
Comments
So, on May 14, the PASPA Repeal passed. In essence, here is what is happening now: "What it has done is placed the ball firmly back in the courts of the individual states to legalise and regulate sports betting if – and as – they see fit, just as they already do with many forms of non-sports gambling such as casino gaming."
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