Regulated sports betting in the United States is an idea whose time has definitely come and Americans are embracing their access to this newly legalized vice to the tune of nearly $10 billion since the Supreme Court struck down PAPSA. While that number is pretty impressive all on its own, it's a number that will…
When the US Department of Justice issued its latest re-interpretation of the Wire Act of 1961 last November, no one really knew what the real life consequences of that action would be. This week, the ripple effect of that action (widely seen as a gift to anti-online poker zealot and GOP donor Sheldon Adelson) hit…
Illinois state lawmakers have finally come up with a sports betting bill that had enough bells and whistles on it to make a trip to the governor's desk for signing. On Sunday night, SB690, which contained a number of capital improvement measures alongside the regulation of sports betting passed both the House and Senate by…
Sports betting is a past time that can lead to real frustration, especially when your team comes out on the losing end of the deal and you start losing real cash. There is a tendency among some sports betting enthusiasts in these situations to lash out at individual athletes who they see as being personally…
Sports betting and New Orleans-style Hurricanes sound like a pretty good combination for the state of Louisiana. But if that's your idea of a good time, you shouldn't rush to the airport. Earlier this week, Louisiana lawmakers killed a bill that would have allowed regulated sports betting in the state's 16 casinos and four racetracks.…
NBA Commissioner David Stern is playing hardball when it comes to extracting revenue from regulated sports betting operators in the United States. Late last week, the league sent out a letter to US sportsbooks threatening to cut them off from the NBA's official data stream (as administered by Sportradar - the league's official datastream provider).…
The Borgata Casino and Spa is getting ready to make $12 million worth of sports betting related improvements to their Atlantic City property. It's a move that could cement the Borgata's dominance in the NJ market and is exactly what Atlantic City was hoping for when it pressed Garden State lawmakers to push forward on…
American professional sports teams, especially in the NFL, are generally not big fans of regulated sports betting. They believe that even regulated markets can open the doors to widespread cheating, game-fixing and pure debauchery. But behind their dire predictions for chaos one can usually find a request for a piece of the action. Such was…
FOX Sports and The Stars Group are partnering up to produce two sports betting products aimed at the new opened US regulated sports betting market. It's a historic deal (for the US anyways) that marks the dawning of a new era of partnerships between US sports media and gambling operators. It could also set the…
Ever since regulated sports betting began its march across the state houses of US States, professional sports leagues have wanted a piece of the action in the form of so-called integrity fees. These fees, in the fever dreams of league commissioners, usually involve a .25-.50 percent cut of every wagers that would be used for…
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