As regulated sports betting makes deeper and deeper inroads into American life, professional sports leagues are tasked with developing policies to keep their participants from falling prey to the easy money schemes of match-fixing gamblers. Earlier this week, NASCAR became the latest professional sports league to announce a sports betting policy to help keep its…
Late last week, the Mayor of Washington D.C. signed off on a bill legalizing sports betting within the city limits of the US capitol. But if you're looking to place a friendly wager on the Washington Wizards, the local NBA franchise, you're going to have to wait a bit. Due to Washington D.C.'s odd status…
New Jersey gaming regulators are looking into the outcome of the recently completed DraftKings Sports Betting National Championship after a player narrowly missed out on a $1 million payday due to an allegedly late payout. Controversy surrounding the betting tournament broke out Sunday after a player named Rufus Peabody (aka Opti5624) lost his first place…
The District of Columbia (Washington DC) City Council has determined that an emergency action is not necessarily the best way to implement its effort to legalize sports betting in the US capitol. After initially deciding that the DC Lottery should take the reigns and make placing a wager on the Nationals as easy as buying…
NBC Sports is about to make US broadcast history by airing sports betting friendly broadcast of an NBA game to local viewers in the Washington DC area. It's a bold move for the broadcasting giant and a major leap forward for the budding American sports betting market. The televised broadcast of the Washington Wizards vs…
Attitudes towards the UK gambling business, especially the sports betting side of the business, have been changing quite a bit over the past few years. Operators in that part of the world are dealing with a rapidly changing regulatory environment that, it seems, has tremendous support from the general public. Between Parliament’s efforts to increase…
Is regulated sports betting the answer to the impending pension crisis faced by many US state governments? Kentucky Attorney General Andy Beshear would answer that question with a hearty, “Yes, and go ahead and throw daily fantasy sports into the mix,” according to LegalSportsReport.com. Earlier this month, Beshear wrote a letter the state’s legislative bodies…
Earlier this week, the D.C. City Council put its stamp of approval on The Sports Wagering Lottery Amendment Act of 2018, which establishes a framework for providing legal sports betting to residents of the U.S. capitol. All that’s required for the ball to get rolling is a signature from the Mayor and approval from the…
Is gambling good for televised sports? According to a recent survey conducted by Seton Hall University, the answer to that question is a resounding, yes. A recently published survey the the Sharkey Institute of the Stillman School of Business found that a whopping 70 percent of Americans surveyed said that they would be more likely…
A draft bill circulating through the US Congress would radically reshape the way regulated sports is implemented across the country by requiring federal approval in new markets. Other aspects of the proposed bill include a professional sports league-friendly clause that forces bookmakers to buy data from the leagues; as well as a version of the…
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