According to news outlets, the Walt Disney Company now owns a stake in DraftKings after it recently acquired 21st Century Fox for $71.3 billion (USD). DraftKings is a daily fantasy sports betting provider based in New Jersey. They are currently the top DFS provider in the United States above FanDuel. The DraftKings deal comes as … Read more
Despite not winning a race this year, Improbable was named the 2019 Preakness Stakes morning line favorite with 5-2 odds after drawing the No.4 post position earlier this week. Following up the Preakness favorite Improbable is War of Will at 4-1, Anothertwistafate at 6-1, and Alwaysmining at 8-1 rounding out the most likely contenders. However, … Read more
The CFP National Championship, Final Four, and all other NCAA title games could soon be heading to Las Vegas, Nevada or any other state that has legalized sports betting. The NCAA announced Thursday in a press release that it has fully rescinded the “NCAA Championships Policy Related to Sports Wagering” — officially lifting the ban … Read more
It’s official: sports betting will be coming to your phones, tablets, and computer on ol’ Rocky Top in just a couple of months. The Tennessee General Assembly voted Tuesday in favor of legalizing online and mobile sports betting and despite Governor Bill Lee’s opposition to the bill, his office said he would allow the bill … Read more
Several US States including Iowa, Indiana, and Tennessee are trying to pass legal sports betting legislation as state session deadlines loom. It’s no surprise that more states want in on the legal sports betting action now that the Supreme Court of the United States has repealed the Professional and Amature Sports Protection Act (PASPA) of … Read more
As the finale of Showtime’s docu-series Action drew to a close, Timothy Fong, MD, a professor of addiction psychiatry at UCLA, ponders the potential good that could come from legalized sports betting in the United States. Dr. Fong asks rhetorically, “Who built America?” “Risk-tasking immigrants, who were willing to travel really dangers conditions to seek … Read more
Near the beginning of the penultimate episode of Showtime’s docuseries Action, while discussing the rise of daily fantasy sports in the United States, a reporter asks Hall of Fame Super Bowl-winning NFL quarterback Joe Namath if DFS was gambling because it is “skill-based.” “Do they have to pay anything to play?” asked Namath. “I think … Read more
At a fine dining Italian restaurant, Bill “Krack” Krackomberger, a now-successful Las Vegas handicapper, and a close group of friends recounted their first sports betting experiences and laughed at their naivety. Former NFL player Ron Merkerson shared the ups and downs of his venture into sports betting and how eventually he would have to “have … Read more
The season premiere of Action, the first episode of Showtime’s four-part documentary series, shines a light on both the highs and lows of the current sports betting climate. By sharing the human-side of gambling on sports, the show details how the legalization of sports betting in the United States following a landmark Supreme Court decision … Read more
Major League Soccer (MLS) and sports betting services are gaining momentum in the American market alongside each other. While the MLS is in favor of sportsbooks operating at US stadiums, sports betting in the USA will have to mature before we see odds on the jumbo screen at professional soccer games. There is no denying … Read more
Nevada domestic sportsbooks have reportedly surpassed over $5 billion in legal sports bets for 2018. This news comes despite many states now seeking to allow domestic sports betting within their state lines. In 2018, the Supreme Court of the United States repealed the Professional and Amature Sports Protection Act better known as the PASPA … Read more
Rhode Island (RI) could be the next state to launch mobile sports betting as the RI state legislature is set to vote on a mobile sports betting bill that would allow mobile sports gambling within state lines. Wednesday, February 6th, 2019 the Rhode Island Senate committee unanimously approved the proposed mobile sports betting bill. … Read more