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NBA Gets Comfortable With NFTs
Mar 17, 2021
NBA Gets Comfortable With NFTs
When people think about LeBron James or Giannis Antetokounmpo, blockchain and digital tokens are probably not the first, tenth, or hundredth thing that comes to mind. But with the rise of NBA Top Shot—a non-fungible token (NFT) that exists on the blockchain, consisting of player video highlights officially licensed from the NBA—that may be changing….
Corruption of NCAA Sports Will Not Fly Under the Radar
Feb 28, 2021
Corruption of NCAA Sports Will Not Fly Under the Radar
With the increasing popularity of sports betting across the country comes the ever-present concern that big money brings big temptation, and that concern is most acutely fixated on the NCAA sports scene. Gamblers and non-gamblers alike do not want to see their favorite collegiate contests infected with fixed results or point shaving. But in an…
Retail Sports Betting Outside Casinos Taking Off in DC, but Restricted Almost Everywhere Else
Nov 5, 2020
Retail Sports Betting Outside Casinos Taking Off in DC, but Restricted Almost Everywhere Else
Washington, D.C.’s sports betting revenue numbers in September were impressive. William Hill in particular, with its kiosks at Capital One Arena, claimed its title as the area’s market leader, taking in over $9 million more in betting handle and over 100% more in sports betting revenue. What would it look like if kiosks could generate that same level…
Tennessee Sports Betting Posed to Open for Business, But is it Bad Business?
Oct 16, 2020
Tennessee Sports Betting Posed to Open for Business, But is it Bad Business?
If sports betting goes live within the state as expected by November 1, Tennessee will become the nineteenth state (plus Washington D.C.) to accept a legal sports bet. Tennessee is noteworthy in its sports betting regulations because it would be the first instance of online wagering without the requirement of partnering with a brick-and-mortar casino. …
Taking a Lead to Build Your Gaming Platform’s Customer Base
Jul 30, 2020
Taking a Lead to Build Your Gaming Platform’s Customer Base
State by state, the U.S. regulatory landscape is shifting in favor of legalized online gaming and sports betting. As states come online, operators are seeking to acquire and to increase their customer base. A tried and true marketing strategy to push traffic online—and that operators are using successfully to promote their gaming services—is lead generation….
Betting Operators Look at In-House Options for Customer Leads
Jul 23, 2020
Betting Operators Look at In-House Options for Customer Leads
Cold-pitch sales are a difficult proposition, especially when done over the Internet. The challenge is greater when competing products are similar and the barriers to entry are low, making it harder for a company to differentiate itself from the competition. So goes the case for online gaming operators who often face difficulty in attracting new…
Despite Pandemic, New Sports Gambling And Online Gaming Market Entries Proliferate
Jul 20, 2020
Despite Pandemic, New Sports Gambling And Online Gaming Market Entries Proliferate
If someone had told you at the beginning of 2020 that, by March, global sports would largely shut down, with a slow resumption not happening until the summer of 2020, you may have predicted that 2020 would be a bad year for businesses involved in sports wagering, fantasy sports, and iGaming. Yet, the rapid legalization…
Virginia announces Rules and Timelines for Legalized Sports Betting.
Jul 15, 2020
Virginia announces Rules and Timelines for Legalized Sports Betting.
Today is the day that many have been eagerly awaiting; the day the Virginia Lottery’s Board discussed the state’s draft sports betting regulations. People are already comparing the draft rules to those of other states, particularly Tennessee, and Virginia appears to compare favorably. Below, we examine some of the highlights of those regulations. During the…
Legal Sports Betting Still Faces Competition From Illegal Market; Low State Taxes Could Turn The Tide
Apr 27, 2020
Legal Sports Betting Still Faces Competition From Illegal Market; Low State Taxes Could Turn The Tide
The following blog was first published by Forbes.com earlier this month, available here. Even amidst the COVID-19 pandemic, states are moving quickly to legalize sports wagering. Indeed, just last month, Washington Governor Jay Inslee signed sports betting into law in that state, in addition to the Virginia state legislature passing a bill. It is not…
Betting on Transparency
Mar 10, 2020
Betting on Transparency
Professional sports leagues are struggling to take coherent and consistent positions on the emerging market for legalized sports betting. Commissioners are issuing edicts to their leagues about the danger gambling poses to their sport, but they are also beginning to officially partner with the gaming industry due to the promising bottom-line impact and growing acceptance…
