“While the milestones of legalized sports betting that have led up to now are remarkable, this industry is excitingly still far from being fully realized,” said Jason Robins, CEO of DraftKings, one of the industry's two dominant companies. “Legal betting is already part of mainstream sp...
Official: Legalized Sports Bets Not Far off; Legal Sports Betting across the United States -- Including Pennsylvania -- Is within Reach, and the Next President Could Help Get the Issue across the Finish Line, the Head of the Casino Industry's Top Trade Association Said Monday. [Derived ...
The literature analyzing consumer substitution in gambling spending contains some evidence on the impact of expansions in many types of gambling, but no evidence on the impact of expanded sports betting. This paper exploits the legalization of sports betting and timing of sports book openings in ...
Inside information, known in the stock-trading world as material, non-public information, continues to be one of the biggest potential sources of chicanery when it comes to legal sports wagering. Beyond the truth about player health, information about game plans and personnel ...
38 States Offer Legal Sports Betting - Will Minnesota Legalize It This Year? I have several friends that routinely make the drive down to the Iowa border so they can open an app and place a wager on game. The Hawkeye State legalized sports betting back in 2019 and Minnesota could be the...
It’s been one year since the road was paved for sports betting to become legal across the United States. On May 14, 2018, the U.S. Supreme Court struck down a decades-old law (the Professional and Amateur Sports Protection Act, or PASPA) that had banned sports betting nationwide and ...
"(Legalized sports betting) is a huge, huge industry in the United States … It's part of our culture. There are casinos in virtually every state and lotteries," Silver said. "We know it will be a long time before Congress changes the law. This is just the beginning of the conversati...
But what exactly will legalized sports betting look like in the Valley? “Everybody will have mobile capability too, their operators will. They’ll have an actual retail sportsbook somewhere close to or within the proximity of the sports facility, arena, stadium,” Hall said. “I...
The Colorado Division of Gaming told CNBC it is not currently considering and has not considered allowing sports betting wagers on WWE matches. A spokesperson noted Colorado currently has a statute prohibiting wagers on events with fixed or predicted outcomes, including the Academy Awards. Under lock...
"It was just the temptation of sports betting, you know, all the ads. I'm not going to say that the ads are the reason I did it, but just constantly being reminded of it," Steve said. After decades of restriction, online sports betting is now legal and active in 24 states...