Sports Posts

Super Bowl LVIII’s Record-Breaking Number of Bettors Illustrates Benefits and Success of Legalization

Feb 7, 2024

Super Bowl LVIII’s Record-Breaking Number of Bettors Illustrates Benefits and Success of Legalization

In the five or so years since the Supreme Court overturned the Professional and Amateur Sports Protection Act (PASPA) in Murphy v. NCAA, which gave way for state legislatures to legalize sports betting, more than 35 states have done so. Each successive year seems to be a record breaker for the sports betting industry as…

Surging Sportsbook Signups Illustrate Need for Ubiquitous Legal Gaming Markets

Sep 29, 2023

Surging Sportsbook Signups Illustrate Need for Ubiquitous Legal Gaming Markets

The kickoff of the NFL 2023-2024 season has held many surprises: drastically favored teams lost to their underdog opponents; surprise rookies broke out like Bijan Robinson and Puka Nacua; sports media outlets aggressively reported on the Taylor Swift-Travis Kelce courtship; and much more. What has not been surprising, however, is the surge of signups on…

The Upside to the College Betting Scandals

Jul 21, 2023

The Upside to the College Betting Scandals

In May 2023, several high-profile sports betting scandals involving collegiate athletic personnel, including both coaches and players, came to light, spawning discussions about the relationship between sports integrity and sports betting. Two months after those reports, NCAA President Charlie Baker indicated that the NCAA has found 175 infractions of its sports-betting and gambling policy since…

Thinking of Starting Your Own DFS Company?

Jul 3, 2023

Thinking of Starting Your Own DFS Company?

The expansion of daily fantasy sports (“DFS”) is on the rise in the United States. As the country prepares for the 2023-24 NFL season, it is around this time we see new products come to the market. Unlike sports betting, launching a DFS product has less regulatory barriers. Although, there are a few key states…

Is Sports Wagering Regulation and Legalization Leading to More Sports Integrity?

May 25, 2023

Is Sports Wagering Regulation and Legalization Leading to More Sports Integrity?

During the debate to legalize sports wagering in the United States opponents claimed that it would lead to increased corruption and match fixing in sports. However, Sportsradar’s annual Betting Corruption and Match-Fixing Integrity Services Report for 2022[1] revealed that the number of suspicious matches has declined in North America. According to the Report the number…

NFL Gambling Policy Can Benefit From Small Modification

May 10, 2023

NFL Gambling Policy Can Benefit From Small Modification

Recently, the NFL suspended five players for violations of the league’s gambling policy. Three players received indefinite bans (with the right to apply for reinstatement after the 2023 season) because they were caught betting on NFL games in the 2022 season, while two other players received six-game suspensions for betting on non-NFL games at a…

Sports Betting Operators Find Opportunities and Challenges in New Artificial Intelligence Tools

May 2, 2023

Sports Betting Operators Find Opportunities and Challenges in New Artificial Intelligence Tools

For bookmakers, who have honed their tools of prediction since the dawn of sports betting, artificial intelligence seems like a natural fit. With a diverse array of AI and AI-adjacent products reaching the market, sports betting operators are primed to exploit these technological developments to offer new and better products to their users. As these…

How Regulated Sportsbooks Can Ensure Sports Integrity: A Case Study from the Recent UFC Scandal

Jan 2, 2023

How Regulated Sportsbooks Can Ensure Sports Integrity: A Case Study from the Recent UFC Scandal

In the four years since the Supreme Court struck down the federal law prohibiting state-regulated sports betting in Murphy v. NCAA (2018), more than 30 states have legalized and are regulating sports betting in some capacity. Indeed, since the ruling, the nascent US sports betting industry enjoys rapid growth, especially in states where retail, mobile,…

Maryland’s Diversity Plan Requirement for Sports Betting Licensees

Sep 2, 2022

Maryland’s Diversity Plan Requirement for Sports Betting Licensees

The road to the launch of legalized sports betting in Maryland has been long and winding. From the start Maryland has been keen on developing requirements for diversity inclusion in its sports betting operations. Today, the State looks to finalize a positive step in that direction by holding a vote to approve a new “Diversity…

Next Steps Toward Legalized Online and Retail Sports Betting in Massachusetts

Aug 1, 2022

Next Steps Toward Legalized Online and Retail Sports Betting in Massachusetts

The road to legalized sports betting in Massachusetts has been slow and lengthy, the lawmakers have spent five sessions on the question of sports betting legalization.  Today, the Massachusetts state House and Senate reached an agreement on a bill that would legalize online and retail sports betting on professional and some collegiate contests (H 5164). …