Interesting

An overlooked aspect when Massachusetts legalized casino gambling was the requirement for numerous studies written into the law. These studies cover everything from the local economic impacts of casinos to problem gambling trends in the Commonwealth.

Sportsbooks have been supplied with a fast betting data feed during March Madness in an apparent contravention of the NCAA’s stance against the commercialization of its product for betting purposes, according to evidence seen by Betting USA.

In February, VIXIO GamblingCompliance issued a report with results from its US Sports Betting Regulatory Survey. The survey began in November 2020 to review current state and federal policy restrictions that could create a challenge in the industry as the market tries to expand.

According to the American Gaming Association, nearly 50 million Americans are expected to bet on March Madness. The NCAA has yet to budge on its opinion on legal sports betting, which sets it apart from its peers.

When the topic of prohibited bettors is broached on social media, it is usually in conjunction with sportsbooks banning winning/sharp players. Less often, the subject comes up during responsible gaming discussions in regards to self-exclusion. But there’s also a third group of prohibited bettors, a group that rarely gets mentioned: a group called impermissible bettors.

The news that the NHL is taking a small stake in PointsBet to accompany the marketing partnership announced last week raised eyebrows among observers. The announcement regarding the multi-year official betting partnership is itself far from unique. PointsBet is now the fourth official sports betting partner for the NHL after signing deals in late 2019…

There was a palpable level of excitement when a fund from ETF provider ARK made its debut investment in betting and gaming last week via a small-ish slug of DraftKings stock. The news helped send the DraftKings share price up 9% on Tuesday.

This weekend’s Super Bowl LV between the Kansas City Chiefs and Tampa Bay Buccaneers will be a record-setter in the sports betting world. According to the American Gaming Association (AGA), 23.2 million Americans plan to bet $4.3 billion on the game, and nearly one-third of bettors (7.6 million) plan to do so through online sportsbooks.

The tale of GameStop, and how a Reddit army managed to roil the financial markets raises all manner of issues for financial regulators and poses some questions for the legislators regarding attitudes to online gambling.

It’s (almost) official. The Michigan online gambling industry will go live very soon. When it does, it will become just the sixth state with legal online gambling (casino or poker). And with all due respect to West Virginia, Delaware, and Nevada, Michigan is part of an even smaller group of consequential online gambling states that…