• Home
  • Campus
    • Academics
    • Greek Life
    • SGA
    • Student Life
  • State/Local
    • Around Town
    • Board of Regents
    • National
    • Pierre
    • Vermillion City Council
    • Vermillion Police Department
  • Sports
    • Cross Country
    • Football
    • Golf
    • Men’s Basketball
    • Soccer
    • Swimming/Diving
    • Track and Field
    • Volleyball
    • Women’s Basketball
  • Verve
    • Feature
    • Diversity
    • Events
    • CAB
    • The Vault
  • Opinion
  • E-Edition
  • COVID-19
The Volante
The Volante
  • Home
  • Campus
    • Academics
    • Greek Life
    • SGA
    • Student Life
  • State/Local
    • Around Town
    • Board of Regents
    • National
    • Pierre
    • Vermillion City Council
    • Vermillion Police Department
  • Sports
    • Cross Country
    • Football
    • Golf
    • Men’s Basketball
    • Soccer
    • Swimming/Diving
    • Track and Field
    • Volleyball
    • Women’s Basketball
  • Verve
    • Feature
    • Diversity
    • Events
    • CAB
    • The Vault
  • Opinion
  • E-Edition
  • COVID-19
  • Follow
    • Facebook
    • Twitter
    • Instagram
Sports bettingOpinion
Home
Opinion

Sports betting

October 12th, 2020 Kat Callahan Opinion comments

Share this story

Facebook Twitter Google+ LinkedIn Pinterest

The South Dakota Constitutional Amendment B, Deadwood Sports Betting Legalization Amendment is on the ballot for South Dakota’s 2020 election.

Voting yes would authorize the South Dakota State Legislature to legalize sports betting in Deadwood, SD where the profits would be dedicated to the Deadwood Historic and Preservation Fund.

This amendment would also allow sports betting to be available at all Indian casinos across the state. The fiscal impact of this amendment shows that potential revenue would be more than $2 million for the Deadwood casino sector and nearly $185,000 in taxes.

Those that argue for this amendment state that this would generate more revenue for the gaming sector and tax revenue for South Dakota. Sports betting is currently taking place already, but unfortunately, it’s on the illegal level and so the state is losing out on income and potentially exposes individuals to fraud and abuse.

14% of South Dakotans usually bet on the NFL at some point in the season, even though it is currently illegal. Montana and Iowa both already allow sports betting, so casinos across the border in Iowa, such as the Hard Rock casino, have an advantage over the native gaming institutions.

Iowa has raised $1.9 million in tax revenue in just one year’s time. Proponents argue that many kinds of gambling are already legal in Deadwood, so why not include sports betting which is already popular and increases fan engagement.

Opponents argue that this amendment would promote gambling addiction and would increase the potential for individuals to become victims of casinos and lose a bunch of money.

South Dakota is already the second most gambling-addicted state in the nation, and the revenue generated would be reduced to practically nothing when you consider the costs of administering this new form of gambling. Gambling addiction can lead to financial ruin, crime, and health problems which can cause problems for the general taxpayer.  

While there are some consequences to this ballot measure, I encourage you to vote yes on this amendment.  

Share this story

Facebook Twitter Google+ LinkedIn Pinterest

Kat Callahan

Related Posts

Be Your Own Personal Rockstar! Opinion
January 19th, 2021

Be Your Own Personal Rockstar!

Mental Health Sick Day: Break from the Stress Opinion
January 18th, 2021

Mental Health Sick Day: Break from the Stress

Editorial: These masks might not be comfortable, but they are necessary Opinion
January 18th, 2021

Editorial: These masks might not be comfortable, but they are necessary

Facebook Comments

Latest Stories

Jan 19th 10:51 PM
Campus

Charlie’s bookstore: now just a pickup window?

Jan 19th 9:21 PM
Campus

New president, vice president candidates announced at SGA

Jan 19th 2:24 PM
Sports

Coyote track and field starts strong in home invitational

Jan 19th 9:09 AM
Opinion

Be Your Own Personal Rockstar!

Jan 18th 11:55 PM
Opinion

Mental Health Sick Day: Break from the Stress

Jan 18th 7:37 PM
Sports

The youngest Plitzuweit, GVSU commit, notches 1,000 career points for VHS

Jan 18th 7:11 PM
Opinion

Editorial: These masks might not be comfortable, but they are necessary

Jan 18th 5:29 PM
Campus

A peek into an international student’s world

Jan 18th 5:27 PM
Campus

History Club set to start back up this semester

Jan 18th 4:05 PM
Campus

Clarinet Day will explore history, significance of clarinets

Weather

Coyote News

https://www.youtube.com/watch?v=2K7ERfZmFOg

Advertisement

  • Home
  • Campus
  • State/Local
  • Sports
  • Verve
  • Opinion
  • E-Edition
  • COVID-19
  • Back to top

The Volante

The Volante is the University of South Dakota’s independent student-run newspaper since 1887. Al Neuharth Media Center The Volante 555 N. Dakota Street Vermillion, SD 57069

Advertisement

About

  • About
  • Code of Ethics
  • History
  • Awards
  • Executive Staff
  • Jobs
  • Comment Policy
  • Advertise

Engage

  • Letters to the Editor
  • Contact Us
  • Submit an Overheard
  • Subscribe
  • Submit News Tips

Media Partners

  • Coyote News
  • KAOR 91.1
  • Media & Journalism Department
© The Volante 2015. All rights reserved.