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The Las Vegas Thread

Canard

Immortal
Messages
35,573
People in the US can bet our our horses, like we can there's. So I the head of NSW Racing would know how it works.... whether people care enough to bet on it is the question
That's the non answer of the century.

Does anyone in Australia profit from international betting markets is the question.

I also am amazed that people are quite happy with the boss of the ARLC being a part timer.
 

Maximus

Coach
Messages
13,647
People in the US can bet our our horses, like we can there's. So I the head of NSW Racing would know how it works.... whether people care enough to bet on it is the question

Someone in the US can't go on sportsbet an open an account. We might have markets for their races/sports, but that is under Australian laws and under an Australian account.

What the original post was about was US sports betting. They have different rules and regulations, and just because Vlandys knows ours, it doesn't mean he knows theirs.
 

abc

Juniors
Messages
29
This is by far the best most level headed post so far on the topic.

I'm blown away by how naive some are to this reality.

And that they think that all that it will take to make our great game successful in the US is to ask the TV channels nicely to broadcast it.
Thank you for kind words
 

Maximus

Coach
Messages
13,647
Ah… I see certain people are now experts in the gaming industry too, so much so, they know more about it than PVL, a man who’s made his very high level career in that world.

Rather than sniping from the sidelines, maybe you can point out which part of this post is wrong?

I'm still trying to figure out how the NRL can gather any sort of meaningful gambling revenue from a presence in Las Vegas.

They receive the money in Australia from legislation-driven product fee and integrity agreements:

This happens simply because Australian law says it does.

However, this only covers Australian bookmakers - NRL gambling that exists in America (which it already does) is under no obligation to use official data, except for Illinois and Tennessee: https://www.legalsportsreport.com/official-league-data/)

Of course, the big US sports make money from sports gambling by selling official data - the sport updating the official live score simultaneously puts it on a data pipeline to the bookmaker, which helps with the speed live scoreboards get updated, markets get settled, reduces in-game suspension of markets. But this is more relevant for live betting (which only exists with phone betting in Australia so we don't have the infrastructure), for bigger sports where such a time advantage matters, etc. I can't see a universe, even if NRL becomes a betting relevant event in the US, where paying the NRL for a split second speed in data is cost-effective for US bookmakers.

Say that the NRL gathers both betting and general interest in America - what's stopping a US-bookmaker so say "thanks, while there is some betting interest, it's not worth us paying money to the NRL - we're happy to offer odds unofficially and offer live odds by having someone simply watch the game on TV" - and the NRL doesn't have a legal leg to stand on, nor can it claim any sort of revenue, except for Illinois and Tennesee as listed above. In fact, there are far more popular betting sports that many bookmakers in the US don't pay anyone for data, and it's chugging along fine - think many soccer leagues in the world, for instance.

It's just bizarre to me people throw their arms in the air like some religious cult and say "gambling revenue" without looking at how it actually gets generated both here and in the US. Therefore, I'm still trying to figure out how the NRL can gather any sort of meaningful gambling revenue from a presence in Las Vegas.
 

Chimp

Bench
Messages
2,853
Rather than sniping from the sidelines, maybe you can point out which part of this post is wrong?
I didn’t say any of it was wrong, because guess what, I’m not a gaming expert. However, if I were a betting man, I’d say the odds of PVL, a man who’s made a very successful career in the gaming market, will know a thing or two about how to make money in said market. And if PVL tells me that there’s lots of money to be made in the American betting markets for the NRL, I’m inclined to trust his opinion on it over some random internet forum member, who appears to be part of the anti-PVL brigade.
PVL (and the commission) clearly has information that suggests there’s lots of money to be made for the NRL from the Vegas move, otherwise, why on earth would they be doing it? And PVL has plenty of runs on the board that gives me enough confidence to back his vision. He’s doing what he thinks is in the best interests of the NRL, and he’s done a bloody good job so far.
 

Maximus

Coach
Messages
13,647
I didn’t say any of it was wrong, because guess what, I’m not a gaming expert. However, if I were a betting man, I’d say the odds of PVL, a man who’s made a very successful career in the gaming market, will know a thing or two about how to make money in said market. And if PVL tells me that there’s lots of money to be made in the American betting markets for the NRL, I’m inclined to trust his opinion on it over some random internet forum member, who appears to be part of the anti-PVL brigade.
PVL (and the commission) clearly has information that suggests there’s lots of money to be made for the NRL from the Vegas move, otherwise, why on earth would they be doing it? And PVL has plenty of runs on the board that gives me enough confidence to back his vision. He’s doing what he thinks is in the best interests of the NRL, and he’s done a bloody good job so far.

Which part of their 2 posts indicate that they are anti-PVL? See this is what's wrong with you guys. Anyone who posts anything other than 'there are millions of Americans who want to watch NRL but can't' or 'we are going to make billions from Vegas' are considered anti-NRL or anti-PVL.

Someone being an expert on Australian rules and regulations doesn't mean they know anything about a foreign country's rules and regulations.
 

Canard

Immortal
Messages
35,573
I didn’t say any of it was wrong, because guess what, I’m not a gaming expert. However, if I were a betting man, I’d say the odds of PVL, a man who’s made a very successful career in the gaming market, will know a thing or two about how to make money in said market. And if PVL tells me that there’s lots of money to be made in the American betting markets for the NRL, I’m inclined to trust his opinion on it over some random internet forum member, who appears to be part of the anti-PVL brigade.
PVL (and the commission) clearly has information that suggests there’s lots of money to be made for the NRL from the Vegas move, otherwise, why on earth would they be doing it? And PVL has plenty of runs on the board that gives me enough confidence to back his vision. He’s doing what he thinks is in the best interests of the NRL, and he’s done a bloody good job so far.
You would think horse racing would be far more popular internationally with gamblers then any Football code.

I'm not aware of any major money being made by Australian companies or individuals from international betting. (Happy to be corrected).

The concern is that Fat Pete, who isn't a League man, is looking at the sport through a gambling/horse racing lens and not what's best for our sport.
 
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