It has been over a year since the landmark ruling from the Supreme Court of the United States which effectively placed the question of the legality of sports betting in the hands of state legislatures.
Multiple reports indicate that Caesars Entertainment Corporation is moving closer towards a deal to merge with Eldorado Resorts Inc. Naturally, the deal is contingent upon financing and could still go by the wayside before coming to fruition.
When the Sports Wagering Market Integrity Act (SWMIA) was introduced at the end of last year, it sparked a theoretical debate about which government or governments were best suited to regulate the newly-forming gambling markets.
Sports betting integrity fees became a hot-button issue during the run-up to the Supreme Court’s PASPA decision and immediately after. Yet, of the many states that have legalized sports betting since the PASPA decision, not one adopted integrity fees. Even the federal bill that sought to regulate sports betting in 2018 included zero integrity fee…
Online gambling operators and multi-state lotteries scored an important court victory today after a federal judge ruled against the Department of Justice over its controversial 2018 decision to reinterpret the scope of the Federal Wire Act.
As sports betting continues its meteoric rise across the nation, content options for consumers will continue to grow as well. We’re not just talking about online betting. A plethora of television programs targeted to the sports betting industry have already been unveiled, and there’s no sign the momentum will be slowing any time soon.
The PGA Tour is set to take its relationship with gambling to the next step. On Tuesday, the PGA Tour announced changes to its policies that will allow players and tournaments to reach sponsorship agreements with casinos and other gambling companies.
DraftKings has secured its position as a major player in the developing online sports betting and gambling market in the US through a multi-year deal reached with Caesars Entertainment yesterday that will grant DraftKings access to states where Caesars operates and sports betting is legal.
High-profile gambling affiliate website OddsShark has fallen afoul of New Jersey regulations related to the promotion of unlicensed and illegal offshore betting sites to US visitors.
The Department of Justice decision to reverse its 2011 interpretation of the Federal Wire Act has, not surprisingly, proven quite unpopular among key lawmakers in states with legal online gambling, sports betting and lotteries.
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