Insights < BACK TO ALL INSIGHTS
Sports Posts
Pennsylvania Finally Drops Under 5% Shareholder Licensee Registration Requirement
Apr 25, 2022
Pennsylvania Finally Drops Under 5% Shareholder Licensee Registration Requirement
The Pennsylvania Gaming Control Board (Board) issued a letter to enact a policy change to raise the ownership interest threshold from one percent to five percent for ownership interests held in privately-owned entities. This immediately impacts the licensing requirements of “principal” applications in Pennsylvania and is effective for both existing licensees (or pending applications) and…
The Rise of Legalized Sports Gambling: Michelle Cohen Moderates NYU Sports Law Colloquium Panel
Mar 9, 2022
The Rise of Legalized Sports Gambling: Michelle Cohen Moderates NYU Sports Law Colloquium Panel
In less than four years since the Supreme Court struck down the federal ban on sports betting, thirty states have legalized sports betting with more expected to come in the near future. The proliferation of betting across the country gave rise to a host of questions addressed at the NYU Sports Law Association’s 11th Annual…
NFL Ratings Rise With Expansion Of Legal Sports Betting
Feb 18, 2022
NFL Ratings Rise With Expansion Of Legal Sports Betting
With Super Bowl LVI two days away, the relationship between sports betting and fan engagement has never been clearer. In 2021 alone, 11 states either legalized or launched sports betting in some form, with seven going online at or near the start of the NFL season. And the developments have gone both ways: In April…
Maryland Sports Betting Bill Moving Ahead, Includes Preferences for Minority Owned Operators
Jan 28, 2022
Maryland Sports Betting Bill Moving Ahead, Includes Preferences for Minority Owned Operators
Sports betting is now legal in Maryland. As part of the 2020 election, Maryland voters approved a Constitutional amendment to allow sports betting. The Maryland legislature is now racing to legalize and regulate sports gambling in the state. On February 2nd, 2021, the Maryland House of Delegates released a sports betting bill that would create…
Now That Sports Betting Is Legal, Here’s How You Get Paid
Jan 28, 2022
Now That Sports Betting Is Legal, Here’s How You Get Paid
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…
iDEA Growth Members Correctly Optimistic about 2022 in iGaming and Sports Betting Legalization
Jan 21, 2022
iDEA Growth Members Correctly Optimistic about 2022 in iGaming and Sports Betting Legalization
In a survey published this week by iDEA Growth, a national trade association for the online sports betting and iGaming industry, over 63 percent of those surveyed believe that between three and five states will legalize sports betting in 2022, with most naming Ohio, Massachusetts, and Kansas as the three states most likely to do…
This Fall’s Sports Betting Lineup Could Include 5 New States
Aug 26, 2021
This Fall’s Sports Betting Lineup Could Include 5 New States
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…
Arizona Provides Ancillary Suppliers with New Short Form Application
Aug 24, 2021
Arizona Provides Ancillary Suppliers with New Short Form Application
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…
How does a Supplier Register to Participate in CT iGaming and Sports Betting?
Jul 15, 2021
How does a Supplier Register to Participate in CT iGaming and Sports Betting?
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…
Did the Supreme Court Just Clear the Way for Student Athletes to Promote Sports Betting?
Jun 24, 2021
Did the Supreme Court Just Clear the Way for Student Athletes to Promote Sports Betting?
The Supreme Court’s recent ruling in NCAA v. Alston, et al. could be the catalyst that transforms the NCAA’s student athlete regulation of the benefits/compensation provided to college athletes. The Court, in a decision written by Justice Neil Gorsuch, upheld the lower courts’ ruling that the NCAA violates antitrust laws by placing limits on the…
