New Jersey sports betting has been shot down by the Third Circuit Court of Appeals, but the fight isn’t over. On Tuesday, the federal appeals court said New Jersey’s wishes to legalize gambling on sports is in violation of the Professional and Amateur Sports Protection Act (PASPA) that dates back […]
Gambling Industry
2016 Olympics Commence Tomorrow, Michael Phelps to Carry US Flag During Opening Ceremonies
The 2016 Olympics in Rio de Janeiro are finally ready to get underway. Though the Summer Games have already started with early round soccer matches, the spectacle formally commences tomorrow with the opening ceremonies. The United States will enter Maracana Stadium with Michael Phelps carrying the flag. The most decorated […]
Paddy Power Betfair Brings Innovative Horse Racing Platform to United States
Paddy Power Betfair wants to overhaul horse racing in the United States. The Irish bookmaker that joined forces with its former London rival earlier this year is leading the push towards an innovative betting method that is called “exchange wagering.” Anyone who has ever traveled to a track in the […]
Daily Fantasy Sports Laws Approaching Final Hours Before NFL Season Kicks Off
Daily fantasy sports (DFS) operators are gearing up for the NFL season, their most active and profitable time of the year, while lawmakers are scrambling to finalize laws and regulations to make sure they get a piece of the action. Market leaders DraftKings and FanDuel receive more contest entries on […]
Olympic Athletes Arrive in Rio de Janeiro Only to Find Athletes’ Village “Uninhabitable”
Olympic athletes are slowing beginning to arrive in Rio de Janeiro for the Summer Games, and one country is already warning others to steer clear of the athletes’ village. The Australian Olympic Committee (AOC) told media outlets that the residences built for participants are “uninhabitable” due to significant plumbing and […]
Manny Pacquiao Announces November 5 Fight in Las Vegas, Opponent TBD
Manny Pacquiao is coming out of retirement, but as LL Cool J famously said, “Don’t call it a comeback.” Indeed, it’s only been 15 months since Pacquiao defeated Timothy Bradley at the MGM Grand Garden Arena in Las Vegas. And who could forget the billed “Fight of the Century” against […]
NFL Lawyer Hints League is Considering Supporting Legalized Sports Betting as Oakland Raiders Mull Relocating to Las Vegas
A senior NFL lawyer hinted at a National Council on Problem Gambling (NCPG) conference last week that the league might be soon ready to end its opposition to sports betting. During a discussion at the NCPG’s National Summit on Sports & Gambling, NFL Senior Labor Relations Counsel Brook Gardiner said, “Very […]
Daily Fantasy Sports Deemed Legal in West Virginia by State’s Attorney General
Daily fantasy sports (DFS) is a legal online betting format in West Virginia. That’s according to state Attorney General Patrick Morrisey who recently opined in a 14-page paper that DFS contests are predominantly based upon skill. “We conclude that West Virginia law does not prohibit the offering of or participation […]
UFC Sold for $4 Billion to Talent Agency WME-IMG, Jordan Spieth Drops Out of Rio Olympics
The UFC (Ultimate Fighting Championship) has been acquired by talent agency powerhouse WME-IMG at an astonishing price tag of $4 billion. The sale values the UFC at roughly seven times its gross earnings in what’s quickly being labeled the most expensive transaction in sports history. Lorenzo and Frank Fertitta III […]
Rio Olympics Less Than a Month Out and Plenty of Dire Concerns Remain
The Rio Olympics commence on August 5, meaning we’re now less than 30 days away from the Summer Games. Athletes and fans eagerly await the quadrennial Olympics, but in 2016 numerous controversies surrounding the host city are largely overshadowing the upcoming competitions. Rio de Janeiro has done its best over […]
Golden State Warriors Sign NBA Superstar Free Agent Kevin Durant
The Golden State Warriors have landed the golden ticket. After spending eight years in Oklahoma City, Thunder superstar Kevin Durant is packing his bags and returning to the West Coast. Now 27-years-old, Durant spent his first season in Seattle before the franchise was relocated to the Midwest. Originally from Washington, […]
Pennsylvania Online Gambling Law Passes State House as Legislature Looks for Revenue
A bill to legalize Pennsylvania online gambling and daily fantasy sports (DFS) passed the State House of Representatives this week by a margin of 114-85. The legislation, House Bill 2150, would allow brick-and-mortar casinos to partner with licensed software providers to offer online games. In addition, the measure authorizes DFS […]
Daily Fantasy Sports Bill Still Not on Governor Cuomo’s Desk, DraftKings Launches Dud in Britain
Daily fantasy sports (DFS) was passed by the New York Legislature in the early morning hours of June 18, but as of today it’s still illegal to play the online contests. Senate Bill 8153 will mandate DFS operators like DraftKings and FanDuel to obtain an operating license. After the online […]
NHL Coming to Las Vegas With Expansion Team Despite Region’s Legal Sports Betting Market
The National Hockey League (NHL) is coming to Las Vegas. On June 22, the league’s 30 owners voted unanimously to permit an expansion team to be located in Las Vegas despite the region’s legal sports betting market. Fronted by businessman and Sin City resident Bill Foley and a group of […]
New York Daily Fantasy Sports Awaits Governor Cuomo’s Signature, Cavs Make History
New York daily fantasy sports (DFS) is expected to soon become legal after the state legislature passed a bill late last week to regulate companies engaged in offering the online contests. With the blessings of both the New York Senate and Assembly, Senate Bill 8153 is now with Governor Andrew […]
DraftKings and FanDuel Consider Joining Forces as Legal Controversies Continue
DraftKings and FanDuel once appeared to be headed towards a bounty of unlimited riches, the two market leading daily fantasy sports (DFS) platforms seemingly unchallenged in the emerging gaming concept that quickly blossomed into a multibillion-dollar enterprise. Fast-forward to 2016 and the two websites are being swallowed in lawsuits from […]
Rio Olympics Concerns Mount as 2016 Summer Games Quickly Approach
The Rio Olympics commence on August 5, which means Brazil has less than 60 days before the world descends on the country that is currently engulfed in political turmoil. Former President Dilma Rousseff is fighting her impeachment, the nation’s economy has plummeted over the last five years, and the ongoing Zika […]
Phil Mickelson Linked to Illegal Sports Betting, But Not Facing Charges
Phil Mickelson will try and complete the career Grand Slam next week at Oakmont Country Club when the 116th United States Open commences outside of Pittsburgh, Pennsylvania. This week, however, Mickelson is in Memphis, Tennessee, for the FedEx St. Jude Classic where the 42-time PGA Tour winner is fielding questions […]
New York Daily Fantasy Sports One Step Closer to Legalization, But Bill Might Lack Support
New York daily fantasy sports (DFS) is inching closer to becoming law, or at the very least reaching the state Senate floor. State Senator John Bonacic’s (R-District 42) Senate Bill S6793A passed the New York Senate Racing, Gaming and Wagering Committee by a 6-1 vote on June 1, moving the […]
Golden State Warriors Look to Defend NBA Title Against Cleveland Cavaliers
The Golden State Warriors are four wins away from capping off the best season in NBA history. Superstar Steph Curry has already secured his back-to-back MVP title, and now looks to once again top the Cleveland Cavaliers in the NBA Finals and repeat as champions. The Warriors beat the Cavs […]