Players who want to wager on NCAA and NFL football but don't want to do it with a regulated sportsbook have a new option this week as Robinhood rolls out its new football prediction markets. It's a brazen move from a corner of the financial world that's labelled sports betting as an investment vehicle and…
Circa CEO Derek Stevens is experiencing the extreme highs and lows that can be an earmark of both the gaming industry and gambling itself. On the up side, Circa Sports was granted one of just two untethered sports betting licenses in the State of Missouri. That victory was quickly overshadowed by this week's announcement that…
In the world of sports, and sports betting, everyone always likes to root for the underdog. While that's not always the situation when it comes to sports betting operators, the State of Missouri just gave a major underdog a major advantage in the newly opened Show-Me-State betting market. Late last week the Missouri Gaming Commission…
How will Illinois sportsbook operators integrate the state's new per-wager tax and how will those efforts be taxed? Those are just some of the questions the legal minds at DraftKings, FanDuel and Fantatics are trying to figure out ahead of the implementation of an onerous new tax that will definitely have an impact on their…
The world of regulated sports betting that opened when the US Supreme Court overturned PAPSA back in 2018 it inadvertently opened a Pandora's Box of troubles for professional and college athletes. These woes ranged from prop-betting-related death threats to career-ending allegations of play impacted by gambling. And, according to some recent comments made by NBA…
The Tampa Bay Buccaneers have selected Hard Bock Bet as their official sports betting operator in a deal that was announced earlier this week. It's the kind of deal that's become commonplace in post-PAPSA America but is still noteworthy for one meaningful reason...Hard Rock Bet is the only authorized Sportsbook in the entire state of…
Anyone who is expecting to see a resolution of the predictions markets vs. regulated sportsbooks beef anytime soon should probably adjust their expectations by about two years. That's the prediction Jones Walker partner and International Masters of Gaming Law (IMGL) President Marc Dunbar made recently on the iGaming Daily podcast. In Dunbar's estimation, the Kalshi…
When the NFL recently acquired a ten percent stake in ESPN, it quietly made a bit of history. It turns out that in purchasing that small slice of America's biggest sports news outlet, the venerable NFL also picked up a small share of the ESPN BET Sportsbook. In doing so, the NFL went from being…
DraftKings CEO Jason Robins seems to be embracing an, "If you can't beat 'em, join 'em," approach to the existential threat posed to regulated sportsbooks by predictions markets. During a recent Q2 earnings call, the CEO of one of America's largest regulated sports betting operators suggested that DraftKings is very much open to the idea…
Can a coalition of groups representing the regulated gaming industry team up to save 1-800-GAMBLER, a toll-free hotline where problem gamblers can connect local help, from an internal squabble. That's the stated goal of statement recently sent to SBC Americas by the American Gaming Association (AGA) and the Responible Online Gaming Association (ROGA). At the…
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