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A Blog About Online Gaming and Entertainment Regulations

Congratulations, you won a sports bet! What happens now?

In the five states where sports betting is now legal, any qualifying individual who places and wins a sports bet can exchange their winning ticket for payment. That means any individual who can prove they are over 21 through an in-person check or the latest digital identity verification technology could soon be a winner. But just as casinos have different state-by-state guidelines for how this occurs, so do sportsbooks.

We’ve looked into the payment process for bettors and whether any state legislation stands out on the matter. Here is your state-by-state guide to getting paid.

Nevada

The Nevada Gaming Commission governs sports betting regulations in the state. Sports betting has been legal in Nevada since 1949, more than 50 years longer than any other state. That’s because Nevada was grandfathered into PASPA, which prevented the expansion of sports betting legalization but did not overturn states where it was already legal.

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Uses and Abuses of Decentralization in Gambling
December 7, 2021

Uses and Abuses of Decentralization in Gambling

By: Jake Gray

Decentralization has been the selling point of many platforms using blockchain-based technologies including cryptocurrencies such as Bitcoin. Many believe that decentralization by blockchain has the potential to disrupt multiple industries from finance to art. These decentralized equivalents are called ‘dapps.’ And over the past few years there have been several attempts to decentralize and disrupt… Read More

On November 8, 2021, New York officially announced the mobile sportsbooks it will license for online operations.  The mobile sportsbooks named were Caesars Sportsbook, Resorts World Bet, PointsBet, Rush Street Interactive, WynnBET, FanDuel, Bally Bet, BetMGM, and DraftKings. The state is aiming to go live with online sports betting prior to the 2022 Super Bowl… Read More

Mobile Gaming is Now Mobile
October 25, 2021

Mobile Gaming is Now Mobile

By: James Trusty

Last week, the Financial Crimes Enforcement Network (FinCEN) issued guidance that removes a significant hurdle from the daily operations of the mobile betting industry.  Under a regulatory component of the USA Patriot Act,[1] casinos are required to use documentary evidence (such as a driver’s license or passport) to verify their customer’s identity in establishing accounts. … Read More

Shaken to the Core
September 26, 2021

Shaken to the Core

By: James Trusty

This month in San Francisco, U.S. District Court Judge Yvonne Gonzalez Rogers ruled that Apple must stop forcing game developers to exclusively use its payment system in their app purchases. With the ruling, app developers can include a link or other advertisement to facilitate alternative ways of paying for each app. The suit was brought… Read More

The sports wagering industry in the United States will be significantly expanded by the end of this year.  This NFL season, fans in up to five new states may be able to legally bet on games from their own personal mobile device and/or desktop computer.  Since the Supreme Court’s ruling in mid-2018 the legal sports… Read More

On the afternoon of Friday August 20, 2021, nearly three weeks prior to launch of legal event wagering in the state, the Arizona Department of Gaming (“Department”) announced the release of a new short form licensing application for ancillary suppliers.  The form may be used by affiliates, geofence providers, identity verification service providers, independent test… Read More

Connecticut legalized sports betting this year and is hoping to launch in time for the 2021 NFL season.  However, the registration process for operators and suppliers has yet to be set forth.  The focus in Connecticut is largely on licensing fantasy operators in time for the 2021 NFL season.  As a result of protests from… Read More