Saracen Casino, located in Pine Bluff, Arkansas, is pushing for the Arkansas Racing Commission to expand online gambling in the state. The casino is also lobbying for the commission to allow a new drawing game that could potentially help with Name, Image, and Likeness (NIL) collective for college athletes.
The casino’s proposal comes on the heels of the recent legalization of sports betting in Arkansas, which has seen great success in generating revenue for the state. Saracen Casino believes that expanding online gambling could further boost the state’s economy and provide additional funds for important programs and initiatives.
In a statement released by Saracen Casino’s CEO, Carlton Saffa, he explains the benefits of expanding online gambling in Arkansas. “Online gambling has proven to be a successful revenue stream for many states across the country. By allowing Arkansas residents to gamble online, we can bring in additional tax revenue that can be used to fund education, healthcare, and other vital services.”
The casino is also proposing the introduction of a new drawing game that would allow players to win cash prizes. This game would not only provide entertainment for residents of Arkansas but could also serve as a source of revenue for college athletes who are now able to profit from their NIL.
College athletes in Arkansas are now able to sign endorsement deals and monetize their NIL. However, many of these athletes may not have the same opportunities or exposure as big-name athletes. By introducing a drawing game that supports NIL collective, Saracen Casino hopes to provide a platform for these athletes to earn additional income and raise their profiles.
The Arkansas Racing Commission will be holding a hearing to discuss Saracen Casino’s proposals in the coming weeks. The commission will need to carefully consider the potential implications of expanding online gambling and introducing a new drawing game. However, if approved, these changes could have a significant impact on the state’s economy and provide much-needed support for college athletes.
Saracen Casino’s push for expanded online gambling and a new drawing game demonstrates their commitment to innovation and forward-thinking. By embracing new opportunities in the gambling industry, the casino hopes to not only benefit themselves but also contribute to the growth and prosperity of Arkansas as a whole.
