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Counsel to the Sports Betting Alliance, Scott Ward on legalized gambling in the State of North Carolina. And the Wall of Sound featuring Howard Stern and Mad Dog Russo.

The Adam Gold Show / Adam Gold
The Cross Radio
June 23, 2022 12:39 am

Counsel to the Sports Betting Alliance, Scott Ward on legalized gambling in the State of North Carolina. And the Wall of Sound featuring Howard Stern and Mad Dog Russo.

The Adam Gold Show / Adam Gold

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June 23, 2022 12:39 am

Counsel to the Sports Betting Alliance, Scott Ward on legalized gambling in the State of North Carolina. And the Wall of Sound featuring Howard Stern and Mad Dog Russo. 

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This is that the Adam goals you have financial advisory through capital financial USA.com is they'll to talk about this issue is killed, sports betting Alliance which includes several boots boards and lose drug individual, but a better view of the volleys of the withdrawing photo and he has seen the inside of this process not only North Carolina but in other states will skim about what this looks like his name Scott Ward Scott Briggs about the dormitory. Happy to be on Skala start here because we get to know you first of all, we got a sports fan are you what what teams and sportspeople for and follow short so eclectic and families die out my Manila program in front of the Army career.

So I collected teams look around for me Miami Dolphins and Dan Marino. I was a Washington National season-ticket holder for the first 10 years of their plan outlive in Nashville so I may natural predators leading to colder Dawson's nationals and creditors. Yes, you're correct that is not a combination cereal every office know know that Jeff yes no it's good to accuse you of being over either this or not dominant franchises, historically obvious dolphins a great year's nationals recently won a World Series predators about some some good runs recently with the hurricanes making southern hockey cool and hip so I go ahead and Velcro last ride we like to start. So we have hearts we know that you're a tried-and-true sports venue can come in here and say you Yankees cowboys and basketball or whatever salutes the stars were dealing specifically, we've been watching and hearing about possible sports betting North Carolina fort feels like over two years now, maybe even longer that it's at least been discussed in the North Carolina legislature hasn't been a harder and longer process in North Carolina or did you just feel like that and really all legislation is like it just because we been watching the potboiler. It seems like it's taking longer than the sports betting thing.

We been having legislature for three years now and that's not uncommon 35 states have legalized wedding you may know that North Carolina is one of those and 2019. The literature legalized retail book. Yes, yes, I'm old but so three years in a long time of the state that a quicker Tennessee didn't want my home state, but you were hopeful to get over the finish line. Next week yes and thank you for listening. I did leave out the place where Betty is already legal of the Cherokee sites. Yes, this is over the whole state appreciate that what what hasn't been said it took a year in Tennessee.

I know there's there's interesting what's come sports betting Valley North Carolina. It's been like this and in all places. It has not been playing by what are currently the rules of legislation.

Words like every party is all in on things he tried to call folks from the other side to decouple your majority to Tabasco through whatever majority need maybe need. So as of the best of each or whatever. Here it's different alliances. Both parties there's some in some out. Why is as North Carolina just more complex than that.

The Tennessee right now is what has been the process that is made so difficult.

You're actually right gambling.

In general, tend to be nonpartisan and true.

The coalition supporting this bill is both Democratic and Republican fort for their various reading so you said those traditional party fights are happy that politics doesn't play a little tough but we know we seen it for both sides and that's that's it happen a lot, states, and in other states for. There's like a bigger majority in one party, sometimes it's not a partnership or it is a part that's not the case here. It is nonpartisan. Scott Ward, Julius Caesar, counsel to sports betting Alliance. As things stand right now we I'm not big on like making predictions I have no idea is good with an avalanche of lightning, but you have some a little more insight as to how votes are lining up how things are going.

As things stand now do you see this a good chance that this is going be the final portion will get through the house.

Maybe this week I will have legalized amicably. Starting at the beginning of next year.

I do have a horrible pun if I was a betting man I would say yes will get it done next week and what are there any more hurdles right now.

Other things that you can look for specifically like I was gets past this or is this person stands down on it that we should be good to go, or are you is that is the runway clear right now we coalition together and go for we are. We have one more committee hearings afternoon and then expect to be on the floor as early as tomorrow will be a series of votes. I've triggered a 20-year-old arcane procedural rules of the legislature, but to be a series of votes of the next three or four days when they're in session so tomorrow the next week and so I would expect the final vote to come sometime middle of next week and then we do about it right now.

Things always happen and there is nothing that I see you are God, counsel for the sports betting Alliance obvious that you are making the case that you are pro sports betting as if I want sports betting to come to know if Yolanda a lot of folks are like a how I would just like to be able to give illegally and not have to go to the hassle of whatever finding someplace to go or driving a state as you could do right now. But beyond just the average guy or average girl who wants to place a bet. We know that the sports franchises in North Carolina are 100% on board the Hornets. The Panthers are making the case of the falling behind advantage was to market that has boards gamely because fans are far more engaged in staying longer games whether there is gambling so you know they're in on it. One of the other reasons why the average person said I would care about gambling. But why, why should they maybe think of it being a good thing, even if they're not going to place a wager themselves to primaries is one of the freedom you said people like doing what people are doing it now, many of your listeners who are betting on sports on website maybe don't even know that those are legal websites because those websites will tell you that there is not illegal.

They are there. Your listeners are driving to Tennessee and Virginia about legally and so really, is that this is a freedom issue that North clinician of the same right Virginia and Tennessee and Out of that on the phone to her house and and we found it safe state beat the other issue is sexual receipt of the legal websites provide notice of objection.

No ability to error grievance should something happen and so you have that would legalize betting and finally course ring of textiles back to find good things with that. I'm see what what to do with the money on the election. Not my department speed through the capital financial advisory group were talking retirement coach.

I'm a simple guy but I like colors. Tell me how I can colorcode money and get ready for retirement. I like colors to lecturers. I like grass.

I don't like just buzzwords what we try to do is we try to break down all those words on your statement. All those numbers into three colors red, green, yellow people amazingly come in and most of the money is in the red cat again want that I read means high horsepower potential.

Also gains high loss potential.

You have to do.

It's a give-and-take you can want to do that or that yellow means liquid money get any time sucking on anything green.

If you safe growth but also gives a lifetime income as we get closer to retirement.

We need some green accounts.

We have greens only call it Baghdad rates it was important appraisal support for you to next and people out of the thousand dollar value going to get together for your very own total planned as a green so it's a traffic light. I hope it's green for you 800-661-7383 or text Adam to 21000B through. I've just been see this anecdotally but it seemed like every state that is started, it has met or exceeded their expectations as far as the tax revenue discussed by the anecdotal evidence backed up by actual data on that one it will flow to start your new market you have to bring people and you have to provide promotions, credit people to to come online and do it come out of the legal market the bed and the labor market and social it. Yes you are. You are correct. Over the long haul over marketers states are leading wards of the pipe just as a point of interest year and this yet. This is I'm tempted your expertise. Just as you see this not only north, your lot of the board were working this across the country.

I may not need North Carolina right soon I grew up there was no sports can't betting anywhere. We saw casinos come to the Cherokee reservations than they've added sports betting, but that's for somebody in Raleigh North Carolina that might as well be another state away right Cherokee so sports gambling.

Not really my world if I grew up in Pennsylvania or Kentucky you know they may not have had legalize sports betting, but there were exceptions for things like horse racing stuff like that. So there were businesses built around the horse racing industry then in many cases expanded and became the businesses the now sports betting you always work for you work with have worked with national companies so it will be no surprise when the tablets 12 licenses that are provided for it in the bill that you know the big dogs there, but here's about trucking the vandal are probably good to be I would be a good guess to be some of the first people jump in the bowl for sports gambling.

Is there any way or was there any thought or any discussion given to for a homegrown North Carolina business because we've never had any ability to to run a business related together again.

Though no horse gambling business that we can now just grow a little bit with nothing to start with. Is there any chance for a homegrown North July business to start a sports yearly business or do you expect it will sort all be snatched up by out of state and national entities that already exist in heavy infrastructure. I hear your point there is no limitation on a homegrown North on a business getting into the space applying for license sure you said that they are The 12 that I was of the legislature. Other states have different numbers. I think New Jersey has something in my 20s in terms of operators that operating that state right now is a very different market but no no reason why couldn't I will tell you that you you recognize it would be difficult given the national companies that are involved in the bill requires that the applicant show ability capitalized enough money to do anything. The technology to to to deal discussed so it would be very difficult. I met freight rate sort of mom-and-pop contractor given Rhinebeck but they couldn't do it.

There is one Tennessee.

Tennessee did it on And see that there was a local business that got up and running. They think have a very small market share, but they did so tumors like yeah we want people I would experience whatever Mike would know how to get experience if you don't overdo it to run like a business before, but another point but didn't know that. But it'll be adjusting and I was. You want people who are good at what they do want to bet they wanted to do it right away. Run it are to be the people that that are doing a good job nationally and this will provide us with that service here since early want to use.

Drafting balcony others that elevate their using another state share shirts anything. I also proceeded to give some context about the peers and other states. We said there's there's licenses to to see a high number of licenses in new jersey 12 n. july there's anything else in north carolina that is where northville is an outlier. like in terms of how they are providing the service or scale or anything like that or they basically align with most of the other states as a legalize gambling line allstate lightning on their local politics and the norms are there but we think in our accountability is a great deal in lte sponsorship working very hard talking for more than three years, with the parties members from both files and really really quick so we think it's a great deal of certainly hope it gets past that i couldn't make a pitch for your listeners on the artist that i feel good about passing that every little bit helps. and so if you listeners out there want to let their legislators a local slave no clue that they want to pass if they could go to website called fans for the future.com that's all one word fans for the future.com and they can go in there and put information in and get a email sent to the website or saying hey please support this bill. we once were fighting and listening do want sports betting like i do stands for the future.com scott were we procedure timely procedure energy.

best of luck in the getting this thing all the way to the finish line to use another bad sports fun and i hopefully will be able to bet on our teams next year and then we'll see that come north carolina and done smartly to sub thank you and.

best of luck in your continued efforts. great scott ward, the counsel for the sporting the sports betting alliance the incident go to see this is a legislative issue and again not not only am i interested in it as a legislative nerd but i like it. that is not just the democrats want it or just the republicans wanted. i think it's got a clue what it's like out there some folks that feel this way about her.

there's some folks who feel this way about it, there's this kind of question about what about this angle, but also there is the pressure of review. the last one, then you are watching revenues and clubbing as he said right now is going overseas to legal places and if you get ripped off. there's nobody to go complain to write if you if drive kings is operating in north carolina under license bureau by the crowd about the government they rip you off or tried not to pay you then you can take the proper recourse and get that back just like consumer protection just like we had in it. other industries and there is data. as i mentioned things like they've done studies of attendance and length of stay again by fans. they are going all in markets where there sports betting as you would imagine right if you're betting i don't know cindy was able to take away from the ark of the game, disregarding to carry wins. they just want to care what did the papers cover right but sometimes those intersect right like the pavers are down 14 and you'd normally lose. but you got the panthers +7 or whatever it is i want to sands seats stay and see if they score the touchdown. so now the more those that are staying, you cheer. the bed is on the touchdown. and then there about 5 yards i get it whenever it if you believe that the crowd matters the crowd staying longer and being billed or met being bigger matters and that something that there be able to prove right now the sports betting market june 19, 2006, but it all started may 6, 1997 with the announcement that the hartford whalers were coming to north carolina transition of heartbreak. figuring it out on the fly became 25th anniversary of the presented by the carolina listen interesting things that people said we collect them we hang them on the wall. we call that wall creatively won't sound sound is a function of this fight. so again, pulling the curtain back here, talking about the show show grand agenda little bit early to help sell tapped on the attainment you know what i forgot after the scott ever seen leaving the trinity so that the graham is that he has and because no one had know where will that were getting the next grade is in here partly learn the ropes with new shows and is working sports shop. graham, here's what you need to learn. when victoria comes in. jonathan rand will no longer pay to this program okay there just get a gap it up about stranger things or whatever the panthers may or may not of done this week so one thing to just a note, you are going to show you need something out and ran before victoria shows up on his leg.

also, sometimes you have been putting so that kind of throws a wrench and there is a better mood. you just bar victoria from studio show will go much better through no fault of her own. she just too charming and irresistible to not talk to us around so i put on the spot unless you hear me victoria king.

that's right, you help me imitate the question. have you ever seen the movie the lady in the trap, actually not.

i know you know what it is and i know you know the scene with a slurp the spaghetti right. have you asked when you turn the mic on how you actually seen the movie i had seen and there is a lot what here's what the plot of lady and the tramp with the plot of the lady and the tramp cute animals.

it's been a minute does not know you probably fell asleep during now i probably felt like a prim and proper dog down and they suck spaghetti and kids exactly that's a movie that's all you know you've never seen the movie you only know that one thing. thank you, thank you for bring the boy. she said this is the whole premise like you don't think anyone's ever snow ever actually seen it yet – they know the seated and now she's quicklink about what life i've seen some of the question, yes, yes, i've seen i'm aware of, but not the whole movie. nobody hand the opening credits to trip when you have other maybes he could watch like pandian madden.

thank you. okay, obviously i'm not on the inside but that's not you're on the right side of the truth know everything laid in the trailer. thank you for your contribution on the south first stop chris mad dog russo apparently was big in sports radio back in the day before i ever cared about sports radio then portrayed actually got good and i started caring about it. you people didn't just talk about sports old. he was bummed out.

big john it's so fun to hear him like that howard stern had no idea that mad dogs on a daily espn tv show here's outside attention and i been paying attention will get back to your light.

more importantly, even paying attention to this first text up money is spent. first, take i don't know anything about sports money and wants to wait wait talk talk on these topics you not know i'm not but i didn't know you were on tv, but good for you and that should help you get into the race same as the voters in the week.

every sports show should be clipping that we live like that's that's what every sports radio aspires to be right and my apologies. i did not realize that mad dog russo was only on first take once a week. show runs every day.

i just assumed he was on there every day.

but there's this is why you don't do that. rand like you never want to go to your friends guy hey did you hear me on because it's an awkward position if they didn't write the most part, like who are we to think like which one of our friends is going to sit and listen to us for three or four hours. whatever our shows are every john wright should always get super awkward if you're ever like did you listen to me granular chime in on this one. i just want to say hayes you taught me another valuable lesson other than the victoria thing that's that's humbled me a little bit. there's some of my friends. i need to be let you know what sorry about all the times i will be hear you got let it come to you right like mad dog by asking the question even started the position of like only been upfront for the likes during the show is right. yes you do want to get excited. i was the first person when i the dorky little article in the herald sunday herald sun was a dorky that i was the door they gave me a chance to write sports right i got no idea what i'm doing is like a car cover front and i gave the lecture.

my name showed up in their like did little article on mount zion verse hillside football and obscenity and on page whatever 30 to see the prep support section.

it said whatever mount zion wednesday audrey mickle. barry runs her two touchdowns bodies barb on the bike right like you don't go around guy hey if you article held sunday because inevitably, my college friends of the no i didn't read the herald sun prep sports exit like you can only lose by asking them only appreciated more young graham when your friends to do listen or didn't even know the generator job there.

listen to whatever they are. graham, come on talking hurricanes in the playoffs and their like that you think you appreciate this board you only set things up awkward is a failure if you like. did you hear that, like i didn't and that the only thing that annoyed me. i never expected anybody to hear anything that i said on the radio when i worked with glenn when we did. fortunately, greater asia there was an element, especially when i was in the did gwen show for like five years and little towns would like say i wanted her lunch like i can't ever work noon to three like right like.

generally speaking, my job is very flexible outside of the three hours that i absolutely can only looking out what direction i want you to your text like i didn't want to be within listen like for my family members and close friends who couldn't pick up on the fact that no i will never be able to go to lunch from noon to three that was a little like come on kid you learn my schedule a little bit mom. i can't tell you how many texts i get from 3 to 630 every day and then like my friends like you didn't text back. sorry dude had a ps plant octopus and you got yet another dang tv show. now once a week but realizing it so sad is that mad dog you want to do that do come on, plus sort of june 19, 2006, but it all started may 6, 1997 with the announcement that the hartford whalers were coming to north carolina transition of heartbreak. figuring it out on the fly became 25th anniversary of carolina listen