It appears likely that DFS operators will continue to operate in New York for now, but their long-term future is uncertain after a state appeals court struck down most of a law that allowed fantasy sports in the state. In the case White vs. Cuomo, the appeals court upheld a […]
Law and Politics
Maine Senate Votes to Override Sports Betting Veto
On Thursday, Maine senators voted 20-10, reaching the required two-thirds threshold, to override Governor Janet Mills’ veto of a bill that would legalize sports betting. Maine’s House of Representatives could vote on the issue as early as Tuesday. The bill initially passed last June, however, Governor Mills, however, chose not […]
New York Appellate Court Rules Daily Fantasy Sports Authorization Unconstitutional
An appeals court in New York overturned most of a 2016 law that made fantasy sports games expressly legal in the state — a ruling that could threaten the ability for companies like DraftKings and FanDuel to operate there. The New York Supreme Court’s Appellate Division determined that not only […]
New Jersey Lawmakers Push to Legalize Betting on Esports, ‘Skill-Based Attractions’
New Jersey legislators are considering a bill that would allow sportsbooks in the state to offer esports betting on gaming competitions with relatively few restrictions. Lawmakers introduced a bill to the New Jersey Assembly on Monday that would codify esports contests as being among the approved betting events in the […]
Cuomo Proposes Miniscule New York Sports Betting Expansion, No Mobile Wagering
Advocates for New York sports betting were hopeful that Gov. Andrew Cuomo might include online wagering in his proposed budget for the coming fiscal year. Unfortunately, the governor decided on a much more modest expansion instead. Cuomo included only a minor tweak to the current New York sports betting laws […]
Conor McGregor for President? Not Quite, But He Sure Loves Him Some Donald Trump
Call it election meddling or outside interference from a foreign power if you must, but the recently victorious Irish MMA fighter Conor McGregor declared his affection for US President Donald Trump on Twitter Monday, with a tweet that was soon heard — and reheard — around the world. Phenomenal President. […]
Heads-Up Betting Favors Andrew Yang Over Trump
Democratic presidential candidate Andrew Yang is still a long shot in the polls, but at least one bookmaker likes the tech exec’s odds to beat President Trump heads up. To some extent, Yang has become the Rodney Dangerfield of Democratic hopefuls because he gets little — if any — respect […]
Sports Betting Legislative Roundup: Maine Gov. Vetoes Bill, Kentucky Measure Moves Forward
A bill to legalize sports betting in Kentucky passed through a state House committee unanimously on Wednesday, raising hopes that the legislation will be able to clear the full chamber soon. Similar legislation also passed the House Licensing, Occupations and Administrative Regulations Committee last year, but never received a full […]
Sports Betting Legislative Roundup: Looking Ahead to 2020
2019 was a monumental year in the expansion of American sports betting. After a strong start in 2018, and following the Supreme Court decision that overturned the Professional and Amateur Sports Protection Act (PASPA), there was a steady stream of legislation throughout 2019. Colorado, Illinois, Indiana, Iowa, Michigan, Montana, New […]
Current Odds Predict Trump Impeachment Without Resignation
The probability that President Trump will be impeached before the end of his first term is now 90 percent. Prediction markets, however, still don’t think a Trump resignation is in the cards, regardless of impeachment. And resignation could be an important factor for impeachment bettors. After the House of Representatives […]
Legislative Roundup: Michigan Passes Sports Betting, Online Gambling Bills
The Michigan Senate overwhelmingly passed a package of bills on Wednesday that would legalize four different types of online gambling, including sports betting. The bills, which were changed slightly from their original versions, were then approved by the state House, and will now go to the desk of Governor Gretchen […]
Sports Betting Roundup: DraftKings, New Hampshire Reach Agreement for January Launch
The New Hampshire Executive Council approved a contract between DraftKings and the New Hampshire Lottery on Monday, opening the door for the state to start offering sports betting as soon as January. While the deal is not exclusive, DraftKings won the contract after a competitive bidding process in which New […]
Nike’s Tough Choice After Ionescu Jersey Sells Out in Hours
When Nike offered Sabrina Ionescu’s Oregon Ducks basketball jerseys for sale, they sold out within hours. This may not have been a miscalculation on Nike’s part. Until the NCAA allows a student-athlete to profit from their name and likeness, companies need to tread lightly in the college market. It began […]
Nomination Odds for Mayor Pete Surge During Democratic Debate
Pete Buttigieg’s odds to win his party’s presidential nomination improved during Wednesday’s Democratic debate. While Senator Elizabeth Warren maintained her edge, Buttigieg gained in the prediction markets. Pete Buttigieg is one of the front-runners for the 2020 Democratic presidential nomination, and judging by the betting action on Predictit, his chances […]
Legislative Roundup: Florida Sports Betting Bills Filed, Oregon Lawmakers Want Oversight Powers
Florida state senator Jeff Brandes (R-St. Petersburg) has introduced a series of three bills that would legalize sports betting in the state, with the Florida Lottery in charge of regulating the industry. Under the terms of the legislation, sports betting would be available to anyone age 21 or over, and […]
Trump Impeachment Odds Steady as Open Hearings Begin
President Trump’s impeachment odds were relatively stable after the first day of public hearings. Since both of Wednesday’s witnesses had already testified in closed sessions, there were few surprises to inspire the betting markets. But that may change as the House of Representative’s hearings progress. While Wednesday’s testimony was damaging, […]
UPDATE: Colorado Sports Betting Passes by Slim Margin
While there has been no official call in the race, it appears likely that a Colorado ballot proposition to legalize sports betting was narrowly approved by voters on Tuesday. As of early Wednesday afternoon, 50.62 percent of votes had been cast in favor of Proposition DD, with 49.38 percent voting […]
Colorado Voters to Decide on Legal Sports Betting Nov. 5
Colorado is set to become the most recent state to legalize sports betting — with a ballot referendum putting the issue directly to its citizens. Voters head to the polls Tuesday, and one of the issues on the ballot is Proposition DD, which would establish legal sports wagering as a […]
Sports Betting Legislative Roundup: Judge Rules in Favor of D.C. Contract, Oregon Has Strong Launch
Washington D.C. sports betting looks to be back on track for the moment, as a judge ruled Friday that the D.C. Council most likely did not break the law when it awarded a no-bid contract to Intralot to run the city’s mobile sports betting operation. Intralot was already the operator […]
US Legal Sports Betting: An Update for All 50 States
While all 50 US States can legally have sports betting, the legislative slog to get a system up and running is becoming more challenging as more states attempt to make it so. As of today, legal sports bets can be made in 13 states, with another half-dozen close behind. But […]