Interesting

From the century-old Black Sox Scandal to Pete Rose and Tim Donaghy, sports are littered with well-known gambling scandals.

There’s a common saying that goes something like this: some people insist on learning lessons the hard way. And when it comes to sports betting policy, some states seem to fall squarely into that category.

A prominent talking point during the current Covid-19 crisis is how DraftKings – a company that is all about sports – has made such a success out of a flotation which came when there was almost no sport available.

With Coronavirus shutting down the majority of sports leagues and events, there’s a severe shortage of opportunities to bet.  But that doesn’t mean people have stopped gambling. And that’s led to a discussion on what it says about the people still betting, like Gary Rotstein, who detailed his foray into betting on Belarus soccer matches. 

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.

The gaming industry likes to emphasize its social compact and commitment to local communities. And well it should.