“It is a license to print money and they are not gonna walk away from a $1 billion-plus revenue opportunity because of the optics,” said Wallach. “I mean they did that already in 2021 and a lot of people were unhappy about it,” said Wallach.īut Wallach argued the Tribe has a lot of money to lose by not relaunching, and it runs little risk legally speaking even if a stay is issued. If it does, that could change the calculation for the Tribe, which would run the risk of having to shut down its app once again if the Supreme Court were to nullify the compact sometime in the future. Wallach noted one unknown is whether the parimutuel facility challenging the compact will request a stay of the mandate over the next two days, as it presumably looks to pursue an appeal to the US Supreme Court. “I think there’s a likelihood that sports betting will begin on Monday, but this isn’t the end of the controversy,” said Wallach. Chiefs game this weekend, but odds are Floridians will be able to place legal bets on the Jags V Texans game the following week.
Gaming attorney Daniel Wallach said with an official mandate from the court set to be released Monday, you probably will have to hold your bets for the Jags vs.
