US Sports Betting Troubles & the SAFE Bet Act

The US sports betting industry is under fire after several major scandals involving professional athletes and gambling. Now the main stream media is calling for changes amid concerns of addiction risks and player protections. Enter the SAFE Bet Act, which could bring some big changes to the American sports betting industry, but could also save it. As I prepare to leave for my summer vacation both the NBA and NHL championship series are underway, and with them lots of US sports betting action. On that note, I would like to leave you with some good news before I take my…

American Sports Betting Outlook

As we head more deeply into 2023, the American sports betting industry continues to grow and evolve. The legalization of betting on sports in many states has led to a surge in online betting, with more customers turning to mobile apps and desktop platforms to make bets. What a time to be alive, eh? One of the biggest trends for the sports betting industry is the rise of in-play betting, which allows customers to place bets on games and events as they are happening, and giving them a more immersive and engaging betting experience. This trend is expected to continue…

American Sports Betting Update

It’s been about five years since the Supreme Court made the decision that opened up American sports betting. In that time we’ve gone from just one state with active, regulated sports betting to thirty-six. Not bad. Not bad at all! You can even find an updated, interactive map at the American Gaming Association. Now, if you live where it’s legal to bet on sports then you’re one of the lucky ones. There are still several across the country where you cannot place a bet on a sporting event legally. However, among the states where betting on sports remains unregulated there…

American Sports Betting and Advertising Issues

It’s Super Bowl Sunday! But with the excitement of the game, and the added excitement of American sports betting being a reality, we’re sure to see some bumps along the way. A while ago, we discussed some of the potential problems that we could see with the growth of the industry. One of those problems is the growth of advertising and marketing. We caught up with the American Gaming Association to discuss some of the dynamics and potential issues of marketing for sports betting. Chris Cylke, the Senior Vice President for Government Relations at the AGA, speaks with us about…

American Sports Bets Could Follow British Issues

It took years for American sports bets to escape the confines of Las Vegas, but they are making the most of things now. For a long time, bettors in the United Kingdom watched in bewildered amusement as US authorities insisted on keeping sports wagers illegal in most of the country. But no one is laughing now. In just four short years since the Supreme Court decision that opened the door for the regulation of American sports bets everywhere, there are now 36 states which regulate the activity. What’s more is that in four more years the US sports gambling market…

American Sports Betting Market to be Worlds Largest

We may have gotten a late start, but American sports betting will be the biggest market in the world by 2026. A new study by the Gambling Compliance group finds that the market was valued at $7.7 billion last year, but that number could triple by 2026. The organization claims that American sports betting will be worth over $24 billion in another four years, making it the largest globally and double to size of the British market. Currently there are 36 states with legal sports betting, plus Washington DC and Puerto Rico. However, only 31 of those states are currently…