Does The New Wire Act Memo On Online Gambling Have A Legal Leg To Stand On?

Looking at Monday’s news on a new federal Wire Act memo from the Office of Legal Counsel (OLC) requires a brief history lesson. The original Wire Act memo was written in 2011 by then-Assistant Attorney General Virginia Seitz. The quick summary of the 2011 Wire Act…

NY Governor Cuomo Pitches For Sports Betting, But There’s A Big Catch

New York appears to be taking another step toward regulated sports betting, but not the one the industry really wanted. This week, Gov. Andrew Cuomo is submitting his $170 billion budget package to the state legislature. According to a Press-Republican report, the governor intends to use revenue…

$2.5 Million DraftKings Sports Betting Championship Ends With Controversy

The DraftKings Sports Betting National Championship was supposed to be a celebration of the possibilities for the future of US sports betting. Instead, it ended with controversy and some participants and observers crying foul. Here’s a rundown of what went down, from what Legal Sports…

Race Between FanDuel, DraftKings Heats Up As NJ Sports Betting Handle Passes $1 Billion

FanDuel Sportsbook and Meadowlands Racetrack posted a strong December as NJ sports betting revenue held steady from November. NJ sports betting handle again surpassed the $300 million mark last month, checking in at $319 million. That handle led to $20.8 million in revenue for operators,…

Parx Opens Shop For PA Sports Betting And Another Kambi Sportsbook Is Next

Parx Casino, outside of Philadelphia, welcomes PA sports betting Thursday with the official opening of its sportsbook facility. The formal opening follows a successful two-day testing period at Parx that began Tuesday. With Parx up and running, PA sports betting now includes four casinos, with more…

Last Week In Sports Betting: You Can’t Look At 2019 Without 2018

Happy New Year, y’all! It’s been two weeks since last we visited. The holiday season (mercifully) put a bit of a damper on the pace of sports betting news. That brief lull has pretty much subsided though. There is much to talk about as 2019…

Chris Christie To Congress, Leagues: “Get The Hell Out” Of Sports Betting

NEW ORLEANS — Chris Christie was the guest of honor at the National Council of Legislators from Gaming States (NCLGS) winter meeting here last weekend. It’s not a stretch to say the former governor of New Jersey is one of the primary reasons more than 250 people gathered to…

Sports Betting Startup Bet.Works Receives GLI Hardware, Software Certifications

Bet.Works is one new company probably worth keeping an eye on as sports betting expands in the US. Having recently acquired a veteran industry executive and signed a potentially groundbreaking partnership with a sports media outlet, the company recently checked another major item off its…

An LSR Fireside Chat: Looking Back On The Year That Was In Legal Sports Betting

It’s finally over. And yet it’s just beginning. We will remember 2018 as the year of legal sports betting in the United States following the Supreme Court‘s decision in May to overturn PASPA. By the close of the year, eight states featured sports betting operations….

Sports Betting Company Bet.Works Adds Top Sportradar US Exec As Chairwoman

One of the youngest companies in the US sports betting space is adding a bit of experience to its roster. Bet.Works on Thursday appointed Dr. Laila Mintas to serve as chairwoman of its advisory board. Prior to accepting her new role, Mintas acted as the US deputy…