Presidential Election

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Presidential Election Betting Odds Unchanged After Obama VP Pick

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The polls say that the presidential election is getting tighter. Senator John McCain has closed the gap on Senator Barack Obama and that means the next few months will be crucial to both candidates.

Obama made the first move on Saturday when he announced his running mate for the November election. Joe Biden, will join him on the Democratic ticket, but the move has not yet changed the betting odds for November.

Obama is still a 2-5 favorite to win the election. John McCain has made up ground on Obama, according to polls, but it has not swayed the thinking of the odds makers. McCain is still a 7-4 underdog.

It had been anticipated that Obama would announce his running mate on Friday, but the day came and went and there was no indication on who would join him on the ticket. On Saturday, in the early morning hours, it was leaked that his choice was Biden.

The Democratic convention begins on Monday and neither the presidential nor vice-presidential hopefuls will be speaking until at least mid-week. Biden will speak on Wednesday and Obama will speak on Thursday.

Senator McCain does not plan on allowing the Democrats to ride the convention wave to a boost in the polls. He plans on announcing his vice-presidential choice on Friday in an effort to slow the momentum the Democrats and Obama will gain earlier in the week.

Kansas Speedway Sweetens Casino Deal With Addition of Road Coarse

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The companies in Kansas have stopped at almost nothing in the process to secure a bid to run a casino in the state. On Monday, the Kansas Speedway sweetened their deal to the state by announcing they will add a road course to its infield if they are chosen for the casino.

The Speedway has already said it would seek an additional NASCAR Sprint Cup series race. They made that announcement a couple of weeks ago.

On Monday, they went even farther by agreeing to add a road course. They are one of four applicants that are trying to win the casino in Wyandotte County.

The decision has already been made late last week in other counties in the state. Penn National Gaming won the rights to the Cherokee County casino, and Harrah’s Entertainment, despite a pending lawsuit, won the rights in Sumner County.

Wyandotte and Ford counties will have to wait a little longer to find out who will be running their casinos. September 18th and 19th is when that decision will be made.

The state is awarding four casinos, which should help with funding for the state budget. Kansas is one of many states that are turning to casino gambling to bail them out in these tough economic times.

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