Insights < BACK TO ALL INSIGHTS
Sports Posts
Why We Won’t See A Federal Sports Betting Bill Soon
Jul 30, 2018
Why We Won’t See A Federal Sports Betting Bill Soon
Following the Supreme Court decision to overturn The Professional and Amateur Sports Protection Act (PASPA) in Murphy v. NCAA, in June Delaware became the first state to take advantage of the new ruling. Delaware governor John Carney placed the state’s first legal single-game bet: $10 on the Philadelphia Phillies in their game against the Chicago…
Industry Experts Agree: Online and Mobile Wagering is Critical to the Success of Sports Betting
Jul 25, 2018
Industry Experts Agree: Online and Mobile Wagering is Critical to the Success of Sports Betting
The recent University of Nevada Las Vegas Institute on Gaming Regulation’s Understanding Sports Betting seminar included presentations by professors from UNLV, practicing attorneys in the field, sports book operators, and regulators from the Nevada Gaming Control Board, who provided a wide range of viewpoints on the ins-and-outs of sports betting regulation. The one topic on…
The Perverse Impact of Indiana’s Proposed “Integrity Fee” in Sports Gaming
Jan 10, 2018
The Perverse Impact of Indiana’s Proposed “Integrity Fee” in Sports Gaming
Anticipating a positive ruling from the Supreme Court in Christie vs. NCAA, legislators in Indiana have introduced a new sports wagering bill. Unfortunately, the bill includes a previously unseen poison pill in the form of a 1% “integrity fee” payable to the governing sports bodies: A sports wagering operator shall remit to a sports governing…
New Jersey Sports Gaming In Flux: State Moves to Regulate Daily Fantasy Sports While Legalized Sports Betting Faces Greater Hurdles
May 24, 2017
New Jersey Sports Gaming In Flux: State Moves to Regulate Daily Fantasy Sports While Legalized Sports Betting Faces Greater Hurdles
In a highly-anticipated brief by the Solicitor General, the United States argued today that the Supreme Court should not take up New Jersey’s challenge to federal laws preventing it from legalizing sports betting. Despite President Trump’s knowledge of, and seeming sympathy towards, the gaming industry, his Solicitor General claims that the “limited practical consequences of…
Fantasy Golf: A Hole in One
Apr 22, 2017
Fantasy Golf: A Hole in One
The Masters golf tournament had quite an exciting finish this year and it also was a successful tournament for Daily Fantasy Sports (DFS) operators. As reported by Dustin Gouker: “The Masters marked the unofficial start to the daily fantasy golf season at DraftKings… the metrics for Masters contests were impressive.” Such popularity inevitably leads to…
An Esports Slam Dunk: What the NBA’s Investment in Esports Means
Oct 20, 2016
An Esports Slam Dunk: What the NBA’s Investment in Esports Means
On September 26, 2016, the Philadelphia 76ers announced that they had acquired two leading eSports teams, Team Dignitas and Team Apex. Not to be outdone, the next day Team Liquid announced they had sold a controlling share to Golden State Warriors co-owner Peter Guber and entrepreneur Ted Leonsis, who is the majority owner of the…
Pokémon Go Craze: Battle, Train, Win – But No Betting
Jul 19, 2016
Pokémon Go Craze: Battle, Train, Win – But No Betting
We are living in a virtual (or perhaps “augmented”) Pokémon explosion. You can’t get away from news of public craze over Pokémon Go. Players young and youngish have made the game today’s most popular app, outpacing Twitter and Tinder download rates. In less than ten days from its release, estimates are that almost 26 million…
New Concerns Over Esports Betting; Jeff Ifrah Responds
Jul 14, 2016
New Concerns Over Esports Betting; Jeff Ifrah Responds
*photo obtained from https://gameora.tumblr.com/ In light of unprecedented controversy over the legality of “skin betting” and eSports gambling, Jeff Ifrah and two other attorneys took to Reddit to answer questions from players, fans, and professionals. Together with Bryce Blum and Ryan Morrison, Ifrah participated in an AUA (“Ask Us Anything”) thread on July 5, 2016—just…
Eric Schneiderman’s Losing Lineup
Jun 27, 2016
Eric Schneiderman’s Losing Lineup
Defenders of DFS like to point out that it is skill-predominant. If the same can be said for public prosecution, then New York Attorney General Eric Schneiderman has been fielding one hell of a losing lineup. Between the two of them, DraftKings and FanDuel dominated the DFS space, and they still did after Schneiderman dumped…
Monmouth Park Brings Exchange Wagering to the United States
May 11, 2016
Monmouth Park Brings Exchange Wagering to the United States
Exchange wagering—a fixed-odds variant of pari-mutuel betting—is making its U.S. debut today. Monmouth Park, a racetrack in New Jersey, has begun offering on-site and online exchange wagering in cooperation with Betfair US. Beyond its own races, Monmouth Park has agreements for simulcast exchange wagering on ten racetracks around the country, with plans to expand the…
