• last week
Transcript
00:00All right, you hit me with it again here.
00:02Sports betting in Mississippi.
00:04I mean, the back and forth, yes, no, yes, no.
00:07I mean, how many times, Pat, could we go through this
00:10without getting something to pass here?
00:12I mean, I feel like we get a positive story out here
00:16that says online betting is coming.
00:18Somebody jumps in, says it's not happening,
00:20and then, you know, you come back two days later
00:22and say, hey, forget about what I talked two days ago.
00:24Are we gonna do that again here in a few days,
00:26or is this genuinely something to move forward with?
00:28Hey, don't shoot the messenger.
00:30I'm just reporting the news.
00:32You know, last week, it passed a House committee
00:34and went to the House floor,
00:36and now it's passed the House floor
00:37and is moving to the Senate.
00:39This is the same thing that happened last year.
00:41It did pass the House.
00:43It got completely, the language completely stripped
00:46in the Senate.
00:48You know, I had sources telling me that the Senate,
00:50there's a lot of work to be done in the Mississippi Senate,
00:52you know, to go online, as we've talked about,
00:55ad nauseum to your point, you know,
00:58Mississippi in-person sports betting started in 2018.
01:01So they've been trying since then to go online.
01:04Some of these casinos, the locally owned ones,
01:06are just not okay with it,
01:07and the Senate seems to be kind of listening to those
01:10more maybe than the House.
01:13This year, Casey, you're from the House,
01:15did kind of adjust some things in the bill,
01:17including, you know, upping the skins
01:20that a casino can have from one to two,
01:22but also creating a $6 million fund
01:26that some of these smaller casinos
01:27that aren't gonna partner with the DraftKings
01:29and FanDuels and the BetMGMs of the world
01:32to kind of help mitigate their losses
01:34or perceived or potential losses
01:36from not being a major player in the online industry.
01:40So we'll see, you know, there's also a credit bill,
01:43a credit stipulation in the bill that prohibits,
01:48you know, credit card funding of accounts.
01:50So that was something the Senate asked for.
01:52So there's certain things that the Senate has asked for
01:55that now is included.
01:56So we'll see if that kind of moves the needle.
01:57We'll see.
01:59But the Senate certainly has been the roadblock in the past.
02:03So we're back to where we were last year.
02:05Maybe there's a different feeling in the Senate.
02:07We'll just have to watch and pay attention and find out.

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