Fox Sports will be the first major legacy US media company to launch a sports betting product – called Fox Bet. Fox will be investing $236 million in The Stars Group (TSG), a Canadian company which owns and licenses several big-name gambling brands like PokerStars, PokerStars Casino, BetEasy, Sky Bet, Sky Vegas, BetStars, Full Tilt, …
5/31/2019 – The US Department of Justice reversed a 2011 opinion on the Federal Wire Act – dated November 2nd, 2018 but released during a Government shutdown on January 14th, 2019. The new opinion stated all interstate wagering, gaming information sharing, and electronic communications relating to gaming would be prohibited. The DOJ issued the new …
In the midst of March Madness, Colorado is seriously considering gambling expansion to include sports wagering. Colorado’s legislature is readying legislation and efforts to legalize sports gambling as said by Representative Alec Garnett who is the House Majority leader, “We’ve been working the last couple of months with stakeholders trying to build what a legal …
The Alliance of American Football (AAF) is a new football league that launched a week after Super Bowl 53 in February of 2019. Despite low game attendance, the amateur league entertained about 3.25 million television viewers on their opening Saturday. The leagues long-term business plan is said to be focused on sports gambling data and …
On March 24th, 2019, Showtime is set to release “Action” a docuseries about professional sports betting in the United States after the federal repeal of the PASPA act. Action will be a behind the scenes look at professional gamblers, bookies, handicappers, and oddsmakers during the 2018 NFL season. The docuseries will expand across four episodes …
Yahoo Finance has recently reported that the fastest growing industry for the Empire State will be the gambling industry in 2019. This conclusion is based on statistics from the Bureau of Labor Statistics (BSL) and projections from the Projections Managing Partnership (PMP). The PMP is a government-backed combination of business that produces state labor market …
Epic Games, creator of the popular game Fortnite announced they are abandoning blind loot boxes and players will now be able to see inside a loot box before they decide to buy. Loot boxes have been the center of debate around the world ever since players started comparing the goodie grabs to gambling. While the …
The DOJ flip-flops on domestic gambling stance which has major implications across the nation. An Opinion given by the Department of Justice (DOJ) in 2011 concerning the limitations of the Federal Wire Act has recently been reversed, or reconsidered, by a Memo released by the Office of Legal Counsel (OLC), a division of the DOJ, …
Just as the 2019 legislative session deadline reaches Friday the 18th, five sports gambling bills are squeezed in last minute. Governor Charlie Baker and several other MA lawmakers have produced their own sports gambling bills for consideration in this year’s legislative session. The Governor’s bill favors the endeavors of companies like DraftKings and FanDuel, while …
Which bill will the state choose to implement, both are sound but depending on your values you may prefer one over the other… Indiana’s 2019 legislative session is faced with a difficult decision, choose Rep. Alan Morrison’s House Bill 1363 or Sen. Jon Ford’s Senate Bill 439. Both share the same principles – a 6% …