In my last post, I was talking about the future of online
gambling. I made heavy emphasis to Zynga
and all of the other “social gaming” that takes place on laptops and mobile
devices worldwide. It’s a
$3-billion-plus industry and growing…but it’s not the be-all and end-all of
online gaming here in the US. At least,
I hope not.
I said in Part One that we need to look at England
and I hinted at where else to look for something that will finally bring online
gaming where it should be in the 21st Century – legal, available,
regulated, and fun.
Why can’t we be like the English? The link I referenced above (and here
for you who are too lazy to scroll up) states that, in a recent survey, almost
half of all respondents said they had gambled in some form or fashion in the
last month. More women are gambling than
before, and in another survey,
younger punters(18-24) showed an increase, too.
The report also cited an uptick in those gambling on a mobile
device. The UK has a very
well regulated gaming industry, and that includes the online
component. All gambling is controlled by
just ONE national commission, although there’s plenty of different ways to
gamble, just like here in the US.
One of the most popular and long-running gambles are the
football (soccer) pools. As Wikipedia states, “The pools are typically cheap to enter, with the potential to
win a very large sum of money.” There are more than 1,000 betting shops in
London alone, and the football betting market is estimated to be worth about
650 million pounds (about $800 million US).
Most Englanders love to gamble, and the government makes an effort to
provide those who do with a safe and legal gaming environment. Face it – gambling is accepted and ubiquitous
in the UK. And rightly so.
How so very different than here, where
so-called “guardians of morality” protest lotteries as a “tax on the poor” and
local casinos are “predatory.” And we
all know who decries online gaming as a scourge – “think of the children, click
on a mouse and lose your house.” That
this hypocrite obtains his vast wealth from gambling – the very industry that
he chastises in a different form – is repulsive.
Yes, it’s Sheldon Adelson I’m talking
about.
Adelson may be the biggest hypocrite
about gambling, but he’s certainly not alone, and that’s why the state of
online gambling is where it is. It seems
that most who have a say in the matter know there’s an absolute shitpile of
money that can be made – but no one wants to do much sharing. So we putter along in dribs and drabs…a
couple of states launch online casinos and poker rooms, and then Sheldon starts
his CSIG. Daily Fantasy Sports suddenly
explode on the scene, and then just as suddenly they have their own “Black
Friday.” DFS is making a bit of a
comeback, as many states are changing their laws to allow DFS; however, some other
states are going in the other direction, prohibiting it just as they do other online
gambling.
So is DFS the future
of online gaming? Well, not quite. I alluded to this in my last post. I said, “Look at the top left-corner
of your PokerStars app. That’s a
clue…” See it there – Fantasy
Sports. That’s the clue. But it’s not DFS that will bring the USA in
line with the UK and into a modern age where gambling is seen, like in England,
as something completely natural, fun, AND legal.
It’s sports betting.
Actually betting on the game, not some made-up lineup in a
make-believe world. If you’re a fan of
Daily Fantasy Sports, well, that’s just great, but face it – DFS is a poor
substitute for REAL sports wagering.
Kinda like Zynga is a poor substitute for PokerStars (the way it was,
anyway). DFS took off because it was
available – the only thing going – the only game in town. If you had a choice, would you spend your
time and money coming up with fantasy drafts or just root, root, root for the
home team…to cover the spread? I thought
so.
Again, look at the UK.
DraftKings
and FanDuel are finally up and running as of last summer there, but they
are a pale shadow to the amount of $$$ that goes into the traditional
pools. Google “DFS in UK” and you get a furniture store, not
gambling.
There is some
positive movement that maybe, just maybe, we’ll shuck our Victorian ways on
this. It’s no secret than NBA
Commissioner Adam Silver is a proponent of betting on games. He’s been consistent
on this for the last few years. Just
last month MLB Commissioner Rob Manfred said it was it's time for Major League
Baseball to give "fresh consideration" to legalized sports betting. It’s no secret
that MLB, the NBA, NFL and NHL are all participating in advertising and
sponsorships with Daily Fantasy Sports. So is betting on games the
next logical step?
The American Gaming
Association thinks so. They’ve called it
a “perfect storm” and are lobbying Washington to make it
happen. They even think Donald Trump is
the man to make it so, and he took a cautious approach to subject when asked about it on his Super Bowl Fox interview.
I’ve long said that once the NFL figures out how to get 3%
of the take on sports betting, they’ll give it their stamp of approval. Hell, if they get 3% of damn near anything
they’re likely to say AOK. It’s always
about the money.
So while there’s some excitement in the online poker
advocacy world that we might DOUBLE the number of states offering iPoker from
three to six with NY, PA, and MI (and that’s only a hope, remember), that only
leaves 44 more to go. And you can play
DFS in Utah (does Chaffetz know that?) – so let that be a beacon shining a bit
of clarity as to what it’s gonna take to make online gambling a reality here.
This is how it will happen. I don’t know how soon…it might be in the next
four years, maybe not. At some point,
Americans will quit caring how other people spend their time and money and let
that which is regulated and controlled be, even if they don’t wish to
participate. Tobacco. Liquor.
Gambling. Gay marriage. Marijuana (getting there…and Utah
might NOT be the last holdout). Hard to
fathom that of all of these, gambling is the last thing the Puritans hang on
to. But it’s not about what’s right and
what’s not – it’s about the money.
Always has been.