The fantasy sports company FanDuel is expanding its reach into the U.S. sports betting market. Paddy Power Betfair, the European gaming company, is merging with them to make it happen.
United States Senator Orrin Hatch says the Supreme Court decision allowing states to legalize sports betting could open up sports to corruption and Congress needs to act to protect its integrity.
Proposed language in the current Senate bill under consideration restricts anyone who owns a sports team from accepting sports wagers. This can affect New Jersey’s Borgata, Caesars, and Golden Nugget.
Three former NCAA players are at the forefront of a class action lawsuit against DFS sites FanDuel and DraftKings. The players say the sites are unfairly profiting off their likenesses.
While leagues and state lawmakers lobby for bigger pieces of the sports betting pie, the American Gambling Association (AGA) wants the federal wagering tax cut.
The Supreme Court opened the door for legalized sports betting throughout the United States. And while that is great news for sports enthusiasts, it is still not a free and open market.
International internet gambling software developer and content supplier GAN has raised $10 million it plans to use to go after the ever-expanding US online and sports gambling markets.
Monmouth Park in New Jersey wants the sports leagues to pay the track millions to make up for money that could have been made by the track by accepting sports bets.
The Supreme Court of the United States struck down the law that made sports betting illegal almost everywhere. Who are the winners and losers in the new betting marketplace?
New Jersey may have been the state to successfully challenge PASPA, but it could very well be Delaware that is first to market of the states that can now offer legal single-game sports betting.