Tag: sports betting
American Professional Athletes Talk Sports Betting
A call for a greater say on the potential expansion of regulated sports betting in the US. has come from a group of professional sports players unions which have joined together. Unions for players across NFL American football, NHL ice hockey, NBA basketball and MLB baseball have been working on a joint effort to ensure that any new laws take into account players’ rights and the integrity in their respective sports. However, the National Football League Players Association (NFLPA), National Hockey League Players’ Association (NHLPA), National Basketball Players Association (NBPA) and Major League Baseball Players Association (MLBPA) have issued a…
PGA Supports Regulated US Sports Betting
The PGA Tour would welcome legalized and regulated US sports betting on its competitions if the Supreme Court overturns the federal ban that prohibits such bets in most states. “You have keep in mind that betting is happening right now, with illegal black markets and offshore betting, and we don’t have any exposure to what is happening,” PGA Tour commissioner Jay Monahan told USA TODAY Sports in his first public comments on the issue. “If it’s legalized and regulated, you get to a point where you can better ensure the integrity of your competitions. You can provide adequate protection for…
DraftKings Looks for Sports Betting Partners in New Jersey
DraftKings has confirmed that it has spoken with various casinos in New Jersey about partnerships for offering sports betting in the US state. According to the Associated Press news agency, DraftKings said it has around 10 million customers, but currently focuses on its daily fantasy sports (DFS) service. DraftKings spokesman James Chisholm said the company is “perfectly positioned to succeed in a legal sports betting market”. However, DraftKings also said that it has no immediate announcements about a deal in New Jersey and made no suggestions that its plans could extend to other states. In recent months, the firm has…
Legal Sports Betting in West Virginia by Summer?
Alan Larrick, West Virginia Lottery Director, revealed that he’s confident that sports betting could be working at the state’s five casinos within 90 days of a favorable ruling from the US Supreme Court. The state is discussing the possibility in order to be ready in case the federal ban on sports betting gets lifted. “In a perfect world, we could hopefully be up and running by late summer,” Larrick said after Wednesday’s Lottery Commission meeting. He added that the Lottery is working as if the court has already given the approval for sports betting, and that the five casinos in…
DraftKings Hires Hurley to Run Their Sportsbook
Daily fantasy sports operator DraftKings has hired a “Head of Sportsbook” to deal with its aspirations in the sports betting space, the company announced on Monday. DraftKings also noted that it is opening an office in New Jersey. That’s in addition to existing offices in Boston and New York. The company started indicating its interest in the sports wagering space in 2017. The new hire obviously escalates those plans. DraftKings CEO Jason Robins talked about sports wagering just a few days ago. The potential for legalization of sports wagering around the US looms with the pending New Jersey sports betting…
DraftKings Eyes ‘Enormous’ US Sports Betting
Jason Robins, chief executive and co-founder of DraftKings, has said the potential wider legalisation of sports betting in the US represents an “enormous” growth opportunity for the company. Speaking to Xconomy.com, Robins said the firm, which has distanced itself from sports betting in the past due to potential legal issues regarding its daily fantasy sports (DFS) service, is waiting on the verdict of the ongoing ‘PASPA’ case. The state of New Jersey is currently heading up an effort to overturn the federal 1992 Professional and Amateur Sports Protection Act (PASPA). PASPA makes it unlawful for government entities to sponsor, operate,…