SEC Commissioner Says Legalized Sports Gambling Could Harm Athletes’ Mental Health

SEC Commissioner

With legalized sports gambling spreading throughout the United States, the commissioner for the nation’s premier college football conference took the podium Monday during the first SEC media day to present his case on how it could negatively affect the mental health of student-athletes. According to SEC Commissioner Greg Sankey, mental health is an issue athletes …

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Texas Family Busted For Illegal $33M Sports Betting Operation

Texas-map

A Texas family is in a heap of trouble after authorities busted them for their illegal sports betting operations in Beaumont. Three family members admitted Tuesday to engaging in unlawful bookmaking and running an unlicensed sportsbook from their father’s used car lot for over three decades. Their crime is one of Texas’ largest ever schemes …

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New Jersey Online Gambling Keeps Rolling In Dough

New Jersey Online Gambling Reports

While the sports season has slowed in May, NJ still fairs well. May is not a particularly highly active sports month, therefore states with legal sports betting like New Jersey has taken a hit. Gross online gambling revenue dipped in the month of May from $53.08 million to $52.09 million for online casino, sports gambling, …

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Fox Sports Dives Into Betting With The Stars Group

fox sports betting

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, …

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Colorado Considers Sports Gambling

Colorado Mountain Town

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 …

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How The AAF Is Focusing On Technology To Revolutionize Sports Betting

AAF

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 …

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Showtime Is Bringing Professional Sports Betting To Mainstream America

Showtime's Action docuseries

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 …

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Gambling Is Predicted To Be The Fastest Growing Industry For The Empire State Until 2026

Statue of Liberty in front of a casino

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 …

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US Federal Justice Department Flips Stance On Domestic Gambling

US Department Of Justice Building

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, …

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