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The guy keeps making speeches about redistribution and maybe we ought to do something to businesses that don't invest, their holding too much money. We haven't heard that kind of talk except from pure socialists. Everybody's afraid of the government and there's no need soft peddling it, it's the truth. It is the truth. The Simple Steps of Betting With Steve: Betting With Steve gives you the three simple steps to get started and win the horse betting. Step 1: In this Betting With Steve, you need to sign up with your correct name and email id. Step 2: Steve Copley will email you in the morning or the night before the races, 6 days per week from Monday to Saturday. The latest tweets from @stevewilldoit.

Gambling, in terms of how it all works. There’s no software to download, and viewing the available betting markets and then placing your chosen wagers is really easy to do. A typical sports betting site will have a section that lists all the different sports covered. Here’s an example of how this list might look. Feb 02, 2021 FILE — In this Sept. 9, 2018 file photo, customers watch an NFL game in a sports betting lounge, in Atlantic City, N.J. New Jersey's top gambling regulator is threatening to fine sports books.

Legalized gambling in Alabama could bring up to $700 million into state coffers annually and create as many as 19,000 new jobs, according to a report released by a gubernatorial committee on Friday.

The Study Group on Gambling, formed by Gov. Kay Ivey earlier this year as legislators appeared ready to tackle the issue, did not make specific recommendations on the issue and acknowledged there could be social costs to gambling.

But former Montgomery Mayor Todd Strange, the chair of the group, said at a press conference on the State Capitol steps that the group concluded the state could absorb the costs.

“Gambling will work in the state of Alabama, and we feel the advantage outweigh the disadvantages in that endeavor,” he said. “There is $600 to $700 million that start and stabilizes growth. There are new jobs created that are twice what the per capita income is on an annual basis.”

The 876-page report adds some new data to an ongoing debate over the size and scope of gambling in Alabama, and whether the state government should get involved with it.

Alabama’s constitution bans gambling, and the state is one of only five in the nation without a state lottery. The Poarch Band of Creek Indians, who operate under federal law, operate casinos in Atmore, Montgomery and Wetumpka. Local constitutional amendments allowed electronic bingo at dog tracks like VictoryLand in Macon County and GreeneTrack in Greene County, though the Alabama Supreme Court has narrowed the application of those amendments in recent years.

Attempts to allow a lottery or expand existing gambling in the Alabama Legislature have tripped down an endless flight of M.C. Escher stairs. Several members of the Republican supermajority have moral objections to gambling. The Poarch Band, which has sought a centralized regulatory body for state gambling, has opposed efforts to clarify the legal status of electronic bingo at the dog tracks.

Legislators from communities with dog tracks have opposed a lottery, arguing it could give the Poarch Band access to machines denied to the dog tracks (an assertion experts aren’t certain of).

Rep. Steve Clouse, R-Ozark, planned to introduce a gambling bill at the start of the 2020 session. But Ivey said she wanted to get clear data on the impact of a bill before the Legislature passed it.

“Anytime I ask people how much money the lottery would bring in, they say ‘I think about ….,’' the governor said in February. “We’ve got to have the facts to make a decision.”

More: Gov. Kay Ivey: No tribal compact before she gets 'facts' on gambling

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Ivey said in a statement Friday that the group’s research “will be pivotal as gambling policies are being considered, debated and potentially voted on.” But the governor did not endorse any course of action.

“I continue to maintain the final say on gambling belongs to the people of our great state, and if and when I have a recommendation regarding a specific course of action, I will do so in full transparency to the people of Alabama, working hand-in-hand with the Alabama Legislature,” the statement said.

The report estimated that a lottery would bring in $200 to $300 million a year to state coffers, with tax revenue from five to seven casinos in the state bringing in $300 to $400 million. The report also estimated sports betting would bring in $10 million.

Members of the group also noted that expanded gambling could bring costs, particularly with gambling addiction and potential increases in crime.

“It is important to note, however, that while there are costs associated with gambling, the taxation of regulated gambling activities creates an opportunity to dedicate public funds to gambling treatment, prevention, or education services,” the report said.

The group also recommended the formation of a state regulatory body with the power to enforce laws on gambling, whatever they may be. Strange said they recommended an independent body, with members nominated by the governor and confirmed by the Alabama Senate.

The report laid out five options for lawmakers: do nothing; prohibit gambling but create a state body to enforce existing laws; allow a lottery only; allow a lottery and limited gambling (like sports betting) or allow full gambling. Any move to legalize gambling would require a constitutional amendment, which needs 60% of the support of both legislative chambers to pass, then must win voter approval.

Members of the group did not make recommendations on addressing the legal status of gambling at the dog tracks or how the money generated by gambling should be spent. The money generated would at most be equal to about 10% of the $7.2 billion education budget, and about a third of the $2.3 billion General Fund.

Democrats for years have pushed for a lottery to fund education. Messages seeking comment were left with House Minority Leader Anthony Daniels, D-Huntsville, and Senate Minority Leader Bobby Singleton, D-Greensboro, on Friday. Clouse’s lottery bill would have split proceeds between pre-kindergarten programs and higher education scholarships.

More: Lottery bill filed in Alabama House, but no date set for vote

Strange said the Legislature would make those decisions. But he said their research suggested limiting the spending to a handful of areas.

“Some of the more successful situations have only three or four uses of those moneys,” he said. “If you try to nickel and dime to fill holes in general funds, that’s generally not successful.”

Incoming Senate President Pro Tem Greg Reed, R-Jasper, said in a statement Friday he would review any proposed legislation on the matter. Sen. Del Marsh, R-Anniston, a longtime gambling proponent, plans to file a bill this year on the subject.

“I believe it is time to address this issue, and it appears the report from the Governor’s Gaming Commission supports that position,” Marsh said in a statement.

Contact Montgomery Advertiser reporter Brian Lyman at 334-240-0185 or blyman@gannett.com.

This article originally appeared on Montgomery Advertiser: 'Gambling will work': State panel finds it could bring $700 million a year, 19K new jobs

Gambling Insider caught up with new LSports CEO Dotan Lazar, following his recent transition from the COO role. Lazar told us all about the supplier’s plans for 2021, the company’s STM product and consolidating its data integrity.

Congratulations on the appointment. Is this a crowning moment for your career?

Absolutely. Obviously, I’ve been working in leadership behind the scenes for a few years. But now I’m stepping up to the front and it’s a big opportunity. The important thing is to always learn and always think a few steps ahead.

What are the day-do-day differences going to be in your role, moving from COO to CEO?

Much more responsibility, from building the strategic plan and confirming it, up to the point of execution, hiring and recruiting more talented personnel underneath in the pyramid, to sustain all the other layers of the company; so a lot of responsibility.

What are your personal goals as CEO?

My personal goals in this specific region, which is the sports betting industry, will be to first create the best company the world has ever seen data-wise. Also, for the company to be one of the top 100 places to work in Israel. As you know, Israel is a very high-tech area, with a lot of start-ups and high-tech organisations – big organisations like Microsoft to a two-man show in start-ups. We want to be included in lists of the top 100 of places to work.

Given the high-tech competitors you mention in Israel, how are you aiming to stand out as a place to work for talented employees?

The first point would be technology. We need to always strive for new technologies, implementing new features in the company. Additionally, the terms of working in LSports, which means bigger offices, bigger space, bigger features; improved worker conditions. That’s just for starters.

What is the current lockdown situation in Israel, when it comes to working in offices?

Israel is in lockdown as we speak; it should be over soon but no one really knows. The main change in attitude during COVID-19 is working from home more than coming to work in the office. We allow all workers to work in their home environment but we encourage them to come to the office occasionally and get a fresh perspective from their colleagues, have a laugh etc. Because the house is a very stressful environment, as we learnt from research we conducted. You don’t have the routine you’re used to and people get nervous.

As you know, Israel is a very high-tech area, with a lot of start-ups and high-tech organisations – big organisations like Microsoft to a two-man show in start-ups. We want to be included in lists of the top 100 of places to work

Long term, how does this affect your outlook on remote work beyond the pandemic?

Things won’t be the same, obviously, but we hope at least one or two days a week once everything is back to normal, and once everyone is vaccinated, will involve working from home. The rest will be from offices – we have new offices under construction with a great view of the Mediterranean Sea. We invested a lot of money into these conditions and facilities.

In 2021, how do you see the sports betting and data markets developing, with professional sport having been back in action for some time now?

Well, during COVID-19 itself, we saw in March and April a decline in sports in general as everything stopped. But we reinvented the wheel by adding a lot of other events that can be offered, like eFIFA and other products. This basically saved the industry. Our customers used it as well and flourished from it. From that point, we increased and grew further with a lot of our customers. During COVID-19 itself, sports kept growing against all odds.

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We spoke last year about LSports’ Tennis Betting Simulator; how is that product progressing?

The Betting Simulator was a great success; a lot of customers use it as we speak. The turnover around it is very strong. Where you have no tennis, LSports is offering 10-15 tennis events at any given moment. Next is adding new sports that are not yet offered in the betting industry and managing it by ourselves, including building the odds, models and rights. This is our main objective for 2021.

Are there any specific sports at the top of your list?

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Yes, we have a list but I can’t share it at the moment because we want to keep it a surprise for 2021.

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What are the company’s other objectives for the year ahead?

For the year ahead, we are working on the development of a lot of new features. They will focus on our auto trading; we already have the Sports Trading Manager (STM), where you have your own automation around trading. We want to get it to the next level and implement a lot of features from the stock market. Stocks and events are pretty similar – you trade them both, you follow them both and you need to get alerts on both. In both situations, you also want to stop trading in specific cases. So the system will give you the flexibility to either have everything automated, partially automated or whatever your preference is. This, alongside a lot of business intelligence and automation, is the vision for 2021.

My final question: what are the biggest challenges the company faces in 2021 – and how are you planning to adapt to them?

The biggest challenges this year will be thinking outside the box, bringing new products to the market. We’ve been consolidating the product and making sure our data integrity will be on a very high level. This is the roadmap that was relevant for 2020 but, now in 2021, we are finalising all the features we’ve built to stabilise the data and data integrity. In the second half of the year, we’re going to start with some extra features and products, analytic reports for managers and everything will essentially be under the STM. The STM will be the main product and the rest of our products will be features within the STM. So we will keep on consolidating and focusing on making the STM the most cost-effective product in the industry.