Sports Gambling in Coast Casinos?
A New Jersey court case could pave the way for sports gambling in casinos nationwide, including Mississippi. This was just one of the topics of discussion at the Southern Gaming Summit today at the Mississippi Coast Convention Center in Biloxi. News 25’s Kristen Durand has the report.
As New Jersey continues to challenge the federal government in its law that only allows sports betting in Nevada casinos, other states, including Mississippi, are standing by. Daniel Wallach is a shareholder for Becker & Poliakoff, P.A. He said, “Mississippi is uniquely positioned to be one of the top sports gambling states in the country. Casinos in the state are just dying and just absolutely waiting for sports betting to become legal in Mississippi.”
Experts say as revenues and taxes have mostly been stagnating over the past few years, sports gambling would bring a welcome change to our casinos. “Should New Jersey win its case or should Congress change its views on sports betting, Mississippi is poised to be one of the dominant players in the sports betting landscape,” said Wallach.
With more than 25 commercial casinos in our state, experts say introducing sports gambling to the gaming floors, could be a sizzling hot win for Mississippi. “Mississippi is perfectly situated to offer sports gambling to its citizens and that will draw tourists and dollars and tax revenues to the state. I think we’re on the verge of this happening, maybe not this year, but within another year or two, highly possible,” said Wallach.
As New Jersey continues their battle, a bill written up by Senator Sean Tindell is awaiting a signature from Governor Bryant that would authorize daily fantasy sports to continue in Mississippi, as a study is conducted to explore ways to regulate the industry. “They can also have draft parties in the beginning of the year that could host draft events for people from all over the southeast or the country to come in here and participate in draft events in the beginning of the season,” said Senator Tindell.