It is happening. Fine. I’m against it, but whatever. Here are my three demand in order of importance:
1) This should not be the “Denis McGlynn /Michele Rollins Enrichment Act.”
Open up sports betting other venues. Why should McGlyn and two other people in the State get a license to print money? Allow betting in WIlmington and Rehoboth. The imaginary monopoly that the tracks enforce is BS. We have long since given up the pretense that gaming is here to help the horse racing industry. Competition rules! Free market baby, yeah!
2) Let’s just get to the bottom of the slippery slope already.
In two year we all know that the sudden flush of sports betting cash is going to be absorbed into the budget and the pretend legal advantage Delaware enjoys over other eastern states will evaporate, so let’s cut the bullshit and go right to table games. Craps. Roulette. Blackjack. What’s the argument for not having them if we have slots and sports book? There is a demand for a legal well regulated poker room here in Delaware. Let’s not leave all of that tax money uncollected. Also – along these lines…if it is going to be sports betting make it real sports betting, not the half-assed lottery thing that I’ve heard described.
3) Put some of the money in a trust.
Like I said in two years the money surge will subside. Can we not be surprised when that happens for once. Put some of the profits in a well managed endowment and fund some real economic development projects.
No big whoop right? Just a couple of modest suggestions that the legislature should have no problem putting into place.