In 2018, Senators Orrin Hatch and Chuck Schumer introduced a federal sports betting bill called the Sports Wagering Market Integrity Act. The key goals of the bill were: Ultimately, S.3793 did not gain much traction in Congress and never made it to a vote. The US online sports betting industry and some lawmakers opposed parts…
DraftKings, which at different points in its eight years seemed poised to take over American sports and at others fold entirely, reached a new milestone in its circuitous existence when it began trading publicly Friday.
Coronavirus has altered or effectively halted nearly every industry in all corners of the world. Legal gaming has been especially devastated. As casino floors and hotel rooms sit vacant, Americans have shifted their attention to online casinos and poker rooms in the handful of states with regulated online poker.
The coronavirus outbreak has impacted nearly every social interaction across the world, shuttering nearly every professional sports league and crippling the fledgling U.S. sports betting market less than two years after it was allowed to grow nationwide.
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