The future of legalized sports betting in the United States could be here by Memorial Day, May 28, when the Monmouth Park racetrack in Oceanport, New Jersey, plans to start taking bets. The announcement comes following the Supreme Court’s decision to strike down the Professional and Amateur Sports Protection Act […]
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Leagues Call for Feds to Regulate Sports Betting after SCOTUS Decision
Major sports leagues across the United States scrambled to respond to the Supreme Court’s decision to overturn the law prohibiting sports betting, with most agreeing that the ruling will have a profound impact on the world of professional athletics. The 6-3 decision to overturn the Professional and Amateur Sports Protection […]
Orrin Hatch Introducing Sports Betting Legislation in Response to SCOTUS Decision
Sen. Orrin Hatch plans to introduce legislation in Congress that would reassert federal influence over a sports betting industry that is expected to boom after Monday’s Supreme Court ruling overturning PASPA, a law he helped create more than 25 years ago. In what was considered a major win for sports […]
Supreme Court Strikes Down US Sports Betting Ban in 6-3 Decision
The Supreme Court has overturned the Professional and Amateur Sports Protection Act (PASPA), ending a prohibition that had prevented states from passing laws that would allow for regulation of legal sports betting. In a 6-3 decision in the case of Murphy v. NCAA, the Supreme Court found that multiple provisions […]
Monmouth Park Official ‘Positive’ SCOTUS Will Legalize Sports Betting
Monmouth Park opened its racing season on May 5, preparing for another summer of racing at the track in Oceanport, New Jersey. But while visitors to the track are betting on horses for now, the racetrack is prepared to implement sports betting at their facility as soon as they get […]
William Hill Spending Millions in Anticipation of US Sports Betting
The CEO of William Hill is betting that US lawmakers will soon open the door for legalized sports betting, and he has his company in a position to capitalize. In a conference call discussing the company’s earnings, Philip Bowcock revealed that William Hill has already spent “mid-to-high single-digit” millions of […]
NCAA Now Allows Student-Athletes Busted Gambling on Sports to Defend Themselves
The NCAA has long been one of the staunchest opponents of legalized sports betting, but they seem to be softening their stance, at least somewhat. No, they’re not about to drop their challenge to New Jersey vs. the NCAA in the Supreme Court, but the group representing college athletics has decided […]
Daily Fantasy Sports Officially Legal in Pennsylvania
It may not yet be legal to place a sports bet in Pennsylvania, but you can now get a stake in the outcome of sporting events via daily fantasy sports. The latest beneficiary of the sweeping changes to state gambling laws last year, daily fantasy sports (DFS) is now officially […]
Teams Spicing Up NFL Draft Day 3 with Picks at Exotic Locales
The NFL Draft has become big business, but after the first round, interest tends to tail off, which is why teams have come up with unusual ways to keep fans watching. Unusual places for Saturday’s picks have now become commonplace and organizations are trying to outdo one another. ESPN treats […]
Louisiana Opts Out of Legal Sports Betting (for Now)
Just because sports betting might become legal across the US, not every state is ready to jump on board, at least not right away. On Tuesday, a senate committee in Louisiana rejected a bill that laid out a framework for legalizing the activity on fears that such a move would […]
Players’ Unions Want Input on Future of Legalized Sports Betting
The players’ unions of the four major North American sports leagues released a joint statement on Thursday morning, announcing that they expect to have a seat at the table when it comes to the future of sports betting. The statement was released by the MLBPA, NFLPA, NBPA, and NHLPA. It […]
Golf Wants Integrity Fee, Too! PGA Tour Joins NBA, MLB on Sports Betting Stance
With Illinois the latest state to consider legalizing sports betting, the PGA Tour took the opportunity to voice its support for initiatives backed by the NBA and Major League Baseball. The revelation of professional golf’s stance on the issue of gambling was disclosed at a hearing of the Illinois Senate […]
New York Is Latest State to Jump on Legal Sports Betting Bandwagon
The number of states considering legalized sports betting continue to increase, with New York becoming the latest to see a bill regulating the practice appear in its legislature. The legislation, known as Senate Bill S7900, was introduced by New York State Sen. John Bonacic (R-Mount Hope). As in other states, […]
Baseball Commissioner Urges West Virginia Governor to Veto Sports Betting Bill without ‘Integrity Fee’
Major League Baseball Commissioner Rob Manfred’s late-inning rally to convince West Virginia’s Gov. Jim Justice to veto a sports betting bill that seems to be gaining traction in the state might strike out. Professional baseball’s head executive made his pitch Friday to lawmakers in Charleston through a conference call with local […]
DraftKings Preps for Legal Sports Betting by Hiring New Sportsbook Chief
DraftKings has announced that they hired Sean Hurley as its new Head of Sportsbook, further signaling that the daily fantasy sports titan wants to be a part of any future legal sports betting in the United States. This is not the first sign that DraftKings wants to take advantage of […]
Fearing Point-Shaving Scandals, NCAA Opposes Sports Betting Legislation
With the US Supreme Court’s much anticipated ruling on a case that could open the doors for all states to license casinos to accept sports wagers expected in the coming months, the NCAA is warning against legalized sports betting, citing fears of increased point-shaving scandals. “The NCAA opposes all forms […]
Integrity Fees Being Pushed by MLB, NBA Could Hurt Sports Betting
If the Supreme Court strikes down the Professional and Amateur Sports Protection Act (PASPA) of 1992 sports betting would be allowed in every state in the union. But the integrity fee being proposed by Major League Baseball and the National Basketball Association could possibly derail casinos plans to install sports […]
NBA is All for Legalized Sports Betting on One Condition: It Gets a Cut
The NBA doesn’t oppose the concept of legalized sports betting nationwide, so long as the top basketball league in the world receives a share of the money wagered, currently being referred to as an “integrity fee.” Later this year, the US Supreme Court could overturn the Professional and Amateur Sports […]
New Jersey Urges Gaming Companies to Apply for Sports Betting Licenses Now
The US Supreme Court won’t be announcing their decision in the case of Christie v. NCAA until at least March, and while the signs look good, there’s no guarantee they’ll rule to overturn the Professional and Amateur Sports Protection Act (PASPA) and allow states to regulate sports betting. But the […]
DraftKings Hopes to be Part of Legal Sports Betting Landscape
Along with FanDuel, DraftKings has been one of the two names that has dominated the daily fantasy sports (DFS) industry over the past five years. Now, the company is hoping that it will get the opportunity to expand its offerings into taking bets on games. As the Supreme Court considers […]