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Gearing up for the new season, there’s no shortage of NBA updates and news. Check out what’s going on in the hardcourt game! And don’t forget to keep checking out the latest NBA future odds for the upcoming season! NBA Updates of the Week – September 23rd Edition Tampering No More! NBA Passes Strict Measures Channeling Amy Winhouse, Adam Silver and the powers that…
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Sports betting legislation advanced through the Michigan House Regulatory Reform Committee on Tuesday, but that’s not an indication it’s on the move. Rep. Brandt Iden tells Legal Sports Report that the chances of getting language to legalize Michigan sports betting or iGaming in the Michigan budget are slim. Prospects for the rest of the session aren’t looking so great either. The Sports Betting Act,…
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The quest for official league data rights and fees has evolved since it first emerged in Indiana in January 2018. The early wave of requests for 1% integrity fees has died down, with the leagues now seeking 0.25% and/or official data mandates. The question many are asking is, why should the leagues get paid? What is the foundation of their argument? The short answer: Their argument’s foundation is built on sand in…
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Barely a year after the US Supreme Court overturned the federal ban on sports betting, the emerging industry already is exceeding expectations. A recent tweet from the American Gaming Association noted that American bettors have legally wagered more than $10 billion on sports since the fall of PASPA in May 2018. The Legal Sports Report sports betting revenue tracker indicates books didn’t quite reach…
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If New Jersey is going to hold onto its sports betting crown in the east, it’s going to have to stave off a serious challenge from Pennsylvania. Regulated PA sportsbooks booked $109 million in wagers in August — by far their best month to date — yielding a win of $9.9 million across retail and online channels. Those numbers still pale in comparison to those…
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Team USA and Serbia bombed at the 2019 FIBA World Cup. That wasn’t the only interesting news from last week. Michael Jordan is selling part of the Charlotte Hornets, there’s a tampering charge the NBA might levy, and NBA agents are in a battle with the NCAA. Check out what happened in the hard court game this past week! And be sure to check…
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Iowa casinos are already reaping the benefits of their newly regulated sports betting operations. Bettors wagered more than $8.5 million through the 17 days of action, with the bulk of that tied to local college sports. That early appetite yielded a win of almost $2.2 million for the books, though the inclusion of futures wagers skews that supposed hold. The numbers come from the…
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Without top-shelf events on the calendar, NJ sports betting revenue could have reasonably fallen off in August. We’re learning, though, that the monthly baseline for handle and revenue looks pretty strong in the Garden State. NJ sports betting neared $300 million in handle and generated more than $25 million in revenue in August 2019. That 8.5% hold on a calendar thick with baseball and…
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In this series, we will explore some of the important case law that is relevant to sports leagues’ argument that they should be compensated for “official data,” “intellectual property,” or whatever other term-du-jour league executives choose to use. The quest for official league data rights and fees has evolved since it first emerged in Indiana in January 2018. The early wave of requests for 1% integrity…
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There’s a lot going on in the NBA including professional players throwing down at the FIBA World Cup. This past week, the Americans battled the Greeks with reigning NBA MVP Giannis Antetokounmpo leading Greece. We discuss what happened in that game along with how the USA hasn’t played NBA type basketball throughout the tournament. Also, read up on current NBA future odds. NBA Updates…
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