A group of Texas-based professional sports teams are lobbying state lawmakers to move forward with a bill that would legalize Lone Star sports betting. It's a far cry from the days when professional sport team owners and their cronies cried endlessly about how legal sports wagering would be the end of legitimate sports as we…
Shares in US sports betting operator DraftKings soared this week as news broke that Ark Investment was adding the up-and-coming stock to its portfolio. Wall Street saw DraftKings' shares spike ten percent on the news and Ark officials say they see nothing but an upside to sports betting and e-sports investing. According to an official…
There was never really any question about whether or not regulated sports betting would be a hit in the United States. After all, black market betting had been pulling in hundreds of millions of dollars a year off the books for as long as anyone could remember. But did anyone really guess how quickly regulated…
There was never really any question about whether or not regulated sports betting would be a hit in the United States. After all, black market betting had been pulling in hundreds of millions of dollars a year off the books for as long as anyone could remember. But did anyone really guess how quickly regulated…
The US Court of Appeals for the First Circuit has issued a ruling upholding a 2011 interpretation of the Federal Wire Act of 1961 that limits the scope of the Act to sport betting only. It's a major decision that negates the dark legacy of a twice-impeached Florida man who pushed to expand the Act…
UK sports betting operators are always pushing the envelope when it comes to finding new ways to wager on existing sporting matches. That sentiment could definitely be used to compliment the marketing acumen of UK operators. Unfortunately, it's also being used to help deride a bold new betting category that's been mocked and criticized by…
There's a perception among some segments of the sports betting population that some online gambling operators take their sweet time when a customer is asking to withdraw his or her funds. Even worse, some critics of the online gambling business have alleged that some operators even encourage players to reverse withdrawals and put them back…
There's something about the total collapse of tax revenues during the pandemic that have made all kinds of US state governors take a fresh look at the viability of regulated sports betting in their states. The latest convert to the potential fiscal benefits of regulated wagering is Arizona Governor Doug Ducey. But bringing sports betting,…
If you're a sports betting cheat or an elite athlete with a tendency to abuse steroids, you might want to avoid Australia for a while. That's because the Aussie government is cracking down on sports cheating of all kinds and using its new Sport Integrity Advisory Council (SIAC) as the main authority in that fight.…
Sports betting markets are reacting to the disgraceful insurrection in Washington D.C. this week with new numbers for wagers on whether the US President will finish out his term. Punters across the planet are closely monitoring markets on whether Trump will resign, be removed from office, or via the 25th Amendment. According to a recent…
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