Opinion

As the saying goes, you can’t put the toothpaste back in the tube. Or maybe it’s, be careful what you wish for, that is the more appropriate axiom? Either way, the speed with which sports leagues, franchises, and even colleges and universities have embraced legal sports betting is exciting from the industry’s perspective and alarming…

Gaming tribes have long resisted the allure of online gambling, but the repeal of PASPA and the ongoing pandemic has tribes rethinking their online strategy.

The gambling industry is usually quite grounded, but it suddenly becomes enlightened and always seems to have an eye towards the future when it comes to customers. As Yoda said, and using Luke as a proxy for the gambling industry, “All his life has he looked away…to the future, to the horizon. Never his mind…

The Department of Justice’s decision to not appeal the First Circuit ruling upholding a prior district court opinion that The Wire Act only applies to sports betting was hailed as a significant victory for legal, regulated online gambling in the USA. But that victory could be fleeting.

Barring a Jean Van de Velde-type implosion, John Rahm was on his way to posting his sixth career PGA Tour win this past weekend. Rahm held a six-stroke lead entering the final round of The Memorial Tournament but was forced to withdraw after testing positive for COVID-19. Rahm bettors went from excitement to misery and…

Just because you can do something doesn’t mean you should. It appears the legal US sports betting industry was absent the day this lesson was taught in Sports Betting History 101. In fact, the fledgling industry looks to be hellbent on repeating every misstep made in the European markets.

A recent column from industry expert Richard Schuetz in Global Gaming Business reminded me of several articles about black market sports betting that I have written over the years, some predating the Supreme Court’s PASPA decision in May 2018. In these earlier columns, I laid out the advantages of offshore sportsbooks and illegal bookies over…

Ten Years. It’s been ten years since the US Department of Justice seized the websites and froze the financial accounts of PokerStars, Full Tilt Poker, Absolute Poker, and UB (nee Ultimate Bet) and, in the process, flipped the entire online poker world on its head.

It’s time for lawmakers to open their eyes. For whatever reason, states continue to tout legal sports betting as the best way to generate new gambling revenue, even though every shred of evidence points to legal online casinos as the real opportunity.