Sports Betting in OK

[Richard at Remax]

That article aged poorly

[chssooner]

That article aged poorly

Why? Stitt didn't prevent a bill from being approved. he would have signed it no question.

Sure, he has ruffled the feathers of the tribes, but they are also in favor of this, and the legislature is using Stitt as a scapegoat in this situation.

[Richard at Remax]

https://cdcgaming.com/oklahoma-the-b...hJXwjZ8xUYpnpg

[ditm4567]

People have used Arizona as an example and it is perfect. If you are even near Talking Stick, the Barstool/MGM/Caesers apps won't work until you are away from tribal land--why can't that happen here? Stitt didn't even get the option to sign/veto this bill. Such a joke from both the government and tribes that they can't get this done. The tribes need the revenue just as much as the state does.

Personally, I don't think the tribes should have a single thing to do with online gambling.

[Plutonic Panda]

^ why shouldn’t tribes have anything to do with online gambling?

[chssooner]

^ why shouldn’t tribes have anything to do with online gambling?

I'm guessing because he thinks the state is missing out on tons of revenues by going through the tribes, when they could just have the state issue gaming licenses for these to businesses. Why should we be held captive by the tribes for all of our gambling wants? I don't care either way, but it feels like putting the eggs all in one basket can backfire.

[ditm4567]

I'm guessing because he thinks the state is missing out on tons of revenues by going through the tribes, when they could just have the state issue gaming licenses for these to businesses. Why should we be held captive by the tribes for all of our gambling wants? I don't care either way, but it feels like putting the eggs all in one basket can backfire.

Nail:head.

[Swake]

I'm guessing because he thinks the state is missing out on tons of revenues by going through the tribes, when they could just have the state issue gaming licenses for these to businesses. Why should we be held captive by the tribes for all of our gambling wants? I don't care either way, but it feels like putting the eggs all in one basket can backfire.

If the state legalizes sports betting generally, the tribes can also then have sports betting. And the tribes will pay no taxes on the revenue.

[chssooner]

If the state legalizes sports betting generally, the tribes can also then have sports betting. And the tribes will pay no taxes on the revenue.

Good. I'm fine with that. More options the better.

[Richard at Remax]

Yeah this shouldn't be hard. Just a lot of grandstanding and the general public are the ones who suffer while money keeps leaving the state.

[Swake]

Yeah this shouldn't be hard. Just a lot of grandstanding and the general public are the ones who suffer while money keeps leaving the state.

The 110 tribal casinos in Oklahoma will dominate the sports betting market in that case and the state will get nothing from any of them.

[chssooner]

The 110 tribal casinos in Oklahoma will dominate the sports betting market in that case and the state will get nothing from any of them.

They can't do anything without state approval. Why else would they still pay taxes to the state of there wasn't something forcing them to?

They will get none of the market until the state allows one, I believe.

[Swake]

They can't do anything without state approval. Why else would they still pay taxes to the state of there wasn't something forcing them to?

They will get none of the market until the state allows one, I believe.

You misunderstand. If the state comes into a compact with the tribes they will pay the state whatever fee the compact agrees to for the right to conduct sports betting. And part of that compact will be that the state will not legalize sports betting outside of the tribes' compact.

If the state legalizes sports betting in non-tribal areas in any way, it is then legal for the tribes and they don't have to agree to pay the state anything. And with their massive gambling infrastructure in Oklahoma they will dominate the sports betting industry.

And let's be clear, the tribes DO NOT pay taxes to the state of Oklahoma.

[soonergolfer]

You misunderstand. If the state comes into a compact with the tribes they will pay the state whatever fee the compact agrees to for the right to conduct sports betting. And part of that compact will be that the state will not legalize sports betting outside of the tribes' compact.

If the state legalizes sports betting in non-tribal areas in any way, it is then legal for the tribes and they don't have to agree to pay the state anything. And with their massive gambling infrastructure in Oklahoma they will dominate the sports betting industry.

And let's be clear, the tribes DO NOT pay taxes to the state of Oklahoma.

I really don’t think that is correct. They have brick and mortar casinos, but if mobile gaming is passed, then they have no advantage at all. In fact, they are at a disadvantage because they don’t have a mobile sports betting platform, professional line makers, management, etc. If the law passed, MGM, Caesar’s, and multiple others, could be up and running in no time. There is absolutely no reason to drive to a casino to bet on a game, just open your phone app, deposit money and bet.

[Bellaboo]

And let's be clear, the tribes DO NOT pay taxes to the state of Oklahoma.

They do pay multiple types of tobacco taxes to the state of Oklahoma. At one time they negotiated future rates, and IIRC here in a few years the rates will be pretty much be equal among the tribes.

[BoulderSooner]

I really don’t think that is correct. They have brick and mortar casinos, but if mobile gaming is passed, then they have no advantage at all. In fact, they are at a disadvantage because they don’t have a mobile sports betting platform, professional line makers, management, etc. If the law passed, MGM, Caesar’s, and multiple others, could be up and running in no time. There is absolutely no reason to drive to a casino to bet on a game, just open your phone app, deposit money and bet.

this is the issue .. the tribes stance is that no gaming is legal ever in Oklahoma outside of them .. .and their compacts NEVER go away/expire .. ...

[Oklapatriot]

The Tribes have the experience, infrastructure, and knowledge to implement and manage sport betting. The key is to negotiate a fair and equitable compact for the State.

[soonergolfer]

The Tribes have the experience, infrastructure, and knowledge to implement and manage sport betting. The key is to negotiate a fair and equitable compact for the State.

What are you basing this on? What experience and betting platform have the tribes used and fined tuned over the last several years?

I don’t think you are familiar with how many other states implement sports betting. In many states, as long as you’re in the geographical boundaries of the state, you just download the app, deposit money, then bet on games. Some states require you to physically go to the sports book to open an account and fund the initial deposit. Other than that, you don’t have to go to the casino to bet on games. It’s unrealistic to think a person in Edmond who wants to bet on a game, will happily drive to Norman to do so.

If they go mobile betting, the tribes will have to develop an app platform and hire in house line setters. It is completely different than operating slots and blackjack. Odds are if they somehow work a deal out, they will probably just hire a 3rd party company like DraftKings, to run everything.

[Oklapatriot]

If they go mobile betting, the tribes will have to develop an app platform and hire in house line setters. It is completely different than operating slots and blackjack. Odds are if they somehow work a deal out, they will probably just hire a 3rd party company like DraftKings, to run everything.

You make some good points....I've actually worked with one of the major Tribes and personally witnessed their ability to coordinate with experts to implement high tech solutions. I suspect they could accomplish the task. The key is to get together with Oklahoma experts and negotiate a compact that would be fair to the Tribes and the State. I actually would trust the Tribes over some State Agency.

[soonergolfer]

You make some good points....I've actually worked with one of the major Tribes and personally witnessed their ability to coordinate with experts to implement high tech solutions. I suspect they could accomplish the task. The key is to get together with Oklahoma experts and negotiate a compact that would be fair to the Tribes and the State. I actually would trust the Tribes over some State Agency.

I am not saying that the Tribes can't get together and come up with the infrastructure and platform for betting, they are obviously pretty savvy. I am just saying that they really aren't needed due to the ease of using mobile apps and online betting. Regarding trust, I could argue a company like Draftkings or MGM would be pretty ideal. They are publicly traded and subject to all kinds of regulations and oversight. Plus they operate in half the states, so they could roll out in the snap of the finger if a law was passed.

[Oklapatriot]

I am not saying that the Tribes can't get together and come up with the infrastructure and platform for betting, they are obviously pretty savvy. I am just saying that they really aren't needed due to the ease of using mobile apps and online betting. Regarding trust, I could argue a company like Draftkings or MGM would be pretty ideal. They are publicly traded and subject to all kinds of regulations and oversight. Plus they operate in half the states, so they could roll out in the snap of the finger if a law was passed.

I agree, maybe some kind of agreement between Draftkings or MGM with the tribes serving as the "controllers." The State doesn't really have the knowledge or personnel to oversee one of these companies.

[floyd the barber]

Stitt was on the Sports Animal yesterday promoting a bill he wrote that will go up for vote in February.

He called it a "free market" approach to sports betting. Basically anyone can open a sports book, either an online sports book or physical location, for a cut going back to the state.

He also said the Tribes have no influence whether this passes or not. It is legislature.

I am not a political expert, but I don't see how the Tribes would not be involved. I am sure special interest groups are going to claw their way in somehow.

[Jersey Boss]

Stitt says a lot of things that are not reality based. Stitt also said he could write his own new gaming compacts. That is just one example.

[Dob Hooligan]

Stitt says a lot of things that are not reality based. Stitt also said he could write his own new gaming compacts. That is just one example.

Agree. I think the only people who agree with the Governor’s position on this are PBS….Paid By Still.

[Mountaingoat]

Stitt was on the Sports Animal yesterday promoting a bill he wrote that will go up for vote in February.

He called it a "free market" approach to sports betting. Basically anyone can open a sports book, either an online sports book or physical location, for a cut going back to the state.

He also said the Tribes have no influence whether this passes or not. It is legislature.

I am not a political expert, but I don't see how the Tribes would not be involved. I am sure special interest groups are going to claw their way in somehow.

In a business so directly involved with fungible $, it is assured "special interest groups" will get involved.