Gambling in the USA
Mattress Mack Doesn’t Expect Legal Sport Betting In Texas Soon, But Eyes March Madness, Astros Bets
Multimillion-dollar sports bettor Jim “Mattress Mack” McIngvale doesn’t expect sports wagering to be legalized in Texas in the next few years — but he’s happy placing his bets next door in Louisiana.
The Houston furniture store owner spoke to Gambling.com’s Larry Henry this week, and he “seriously” doubts Texas lawmakers will approve a measure to legalize sports betting when they next meet in Austin in 2025.
“They can’t pass anything,” McIngvale, 73, said in a telephone interview. “It’s a fractured group.”
McIngvale, whose major bets in Louisiana and elsewhere usually attract media attention, said he has no problem making the drive over to Louisiana. The state line is about 100 miles from Houston.
“I’m perfectly happy going to Louisiana,” McIngvale said. “All I do is sell furniture and go to Louisiana and bet.”
McIngvale, owner of Gallery Furniture, said he probably will bet this year on the NCAA March Madness basketball tournament and on Major League Baseball’s Houston Astros.
He said it’s too early to decide which team to bet on to win the March Madness tournament. He noted that the Houston Cougars (21-3), ranked No. 3 in the Associated Press Top 25 poll, have a talented team this season.
McIngvale also said the Astros are expected to be contenders this season. The team recently signed star second baseman José Altuve to a new contract. The Astros open the regular season March 28 at home against the New York Yankees.
Louisiana Thanks Texas For Sending Bettors Their Way
Ronnie Johns, chairman of the Louisiana Gaming Control Board, previously told Gambling.com he doesn’t think Texas lawmakers will approve sports betting soon. At one Control Board meeting in 2022, he thanked Texas for sending its gamblers to Louisiana.
The casinos in Lake Charles, Louisiana, only about 2 1/2 hours from Houston, typically generate more gaming revenue than the state’s other metro casino markets, including New Orleans and Baton Rouge. Houston is the fourth most-populated city in the U.S.
Johns is a former state senator from Lake Charles.
Missouri Voters Could Decide On Sports Betting
As in Texas, sports betting is illegal in Missouri. Its Legislature also has shot down previous efforts to approve sports betting. These efforts have run into a legislative battle over the video lottery games operating in places such as convenience stores and bars.
In Missouri, Gary Jenkins, an attorney former Kansas City Police Department intelligence detective, recently told Gambling.com on “The Edge” that he doubts the Legislature, now meeting in Jefferson City, will approve any measures this year that would lead to legal sports betting.
Jenkins noted Missouri is losing millions in tax dollars to bordering states where sports betting is legal. Every state that borders Missouri, except Oklahoma, has legal sports betting. Missouri’s two largest cities are border cities — — St. Louis (Illinois) and Kansas City (Kansas).
The initiative’s organizers need more than 170,000 signatures from registered voters by May 8 for the issue to appear on the November ballot this year.
Source: gambling.com
Gambling in the USA
Mechoopda Casino to Suspend Operations Effective January 31, 2025
The Mechoopda Indian Tribe has announced that the Mechoopda Economic Gaming Authority (MEGA) Board has made the decision to suspend operations at Mechoopda Casino. The final day of operations will be Friday, January 31, 2025.
The Mechoopda Casino says this decision comes after months of deliberation and efforts to address the various challenges affecting the casino’s operations.
Dennis Ramirez, Tribal Chairman of the Mechoopda Indian Tribe, said: “Suspending operations at the Casino is a heart-wrenching decision that affects not only our Tribe but also our valued employees, customers, and the surrounding community. While this chapter is closing, our commitment to the Casino’s long-term vision remains steadfast. For over 25 years, this project has been a cornerstone of our economic development goals, and we will continue to work toward its future reopening.”
The Tribe is taking steps to support both its employees and community partners during this transition period:
Employee Support: The Tribe is committed to offering resources and guidance to assist team members through this difficult time.
Remaining Open Until January 31: The Casino will remain open through its final day of operation, giving guests the opportunity to enjoy the remaining days of service.
Compliance Updates
Arizona Department of Gaming Releases October Sports Betting Figures
Bettors in Arizona wagered approximately $791 million on sports in October of 2024, according to a new report by the Arizona Department of Gaming. This represents an approximate 22% increase when compared to October of 2023.
The state collected approximately $2.35 million in privilege fees in the month.
Gambling in the USA
Neosurf & Betting Hero to reveal results of their in-depth study into US online gambling and payment habits in exclusive two-part webinar series
Neosurf, the globally trusted provider of swift and secure cash-to-digital payment solutions, has announced it will be sharing the findings of a recent study into the online betting habits, preferences and frustrations of US players in an exclusive two-part webinar series beginning on January 14th.
Neosurf commissioned the research via Betting Hero – a leading US-based iGaming portal with expertise in casino, sports betting and DFS. The webinars will see Neosurf CEO Americas, Sue Page, Betting Hero’s Co-Founder and President, Jai Maw, and Senior Director of Product and Research, Ernie Ropas, dive into the report’s key findings and discuss what some of the more surprising results could mean for operators.
The survey, which featured respondents from New Jersey, Colorado and North Carolina, aimed to help operators and regulators within the gambling industry better understand the typical US bettor – how and why they bet, what tools they use to manage their budget and what Responsible Gaming means to them. The findings will be revealed in the webinars and used to identify areas where Neosurf’s products can help operators provide a better user experience.
The research highlighted several aspects of payments and responsible gaming that bettors felt could be improved. Problems with payments remain an issue – 52% of respondents said that they’d experienced payment issues in the past year, and with over 50% depositing and withdrawing multiple times each month, there is a significant cost impact to the operators.
Additionally, respondents indicated they’d be in favour of using a service that could share pre-verified ID information with operators, with ease of use for new payment methods and seamless integration across multiple platforms identified as important factors in their choosing and remaining loyal to a single sports betting platform.
Sue Page, Neosurf CEO Americas, said: “It was important to us to gain a more detailed insight into the US sports bettor. We wanted to talk to the players and ask questions that no one else is asking, and through our collaboration with Betting Hero I’m delighted that we now have a comprehensive piece of research.
“Offering valuable insights into player habits – how and why they bet, the ongoing pain points they’re experiencing with payments and their thoughts on Responsible Gaming—we’ll be taking a deep dive into the results of the survey in our two-part webinar series starting at 10:00 ET on January 14th, and we encourage all US-focused operators and regulators to join us.”
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