US news sources have reported that the NBA (basketball) and MLB (baseball) leagues will move to divest their respective stakes in daily fantasy sports (DFS) operators’ DraftKings and FanDuel. In 2015 the MLB had participated in a $300 million investment round, backing DraftKings enterprise as official ‘MLB Fantasy Sports Partner’. The NBA acquired its stake in FanDuel, supporting the DFS …
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BT Sport has announced that later this year it plans on launching BT Sport Box Office, a pay-per-view channel which will be available on BT TV and the Sky platform. This season, BT Sport retained the rights to Premier League football for a further three years, however, it appears unlikely for now that football coverage will be affected by the …
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The American Gaming Association (AGA) has estimated that in excess of $10bn will be wagered by Americans in the upcoming 2018 NCAA men’s basketball tournament. Of that figure, however, only $300m, representing around 3 percent, will be wagered legally through Nevada sportsbooks, with it stated that “failed federal prohibition [is] making common criminals of millions of Americans.” In addition, it …
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Another state in the USA has introduced a new bill seeking the introduction of sports betting, ahead of the potentially landmark decision by the Supreme Court (SCOTUS) in the New Jersey v NCAA case. Put forward by Senator John J Bonacic, chairman of the Committee on Racing, Gaming and Wagering, bill S7900 would amend the current racing, pari-mutuel wagering and …
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Regulus Partners, the strategic consultancy focused on international gambling and related industries, gives an insight into some of the key developments in the gambling industry as part of its ‘Winning Post’ column. UK: 2017 Participation statistics – profound structural change continues The latest Gambling Commission Participation Data demonstrates a GB sector continuing to evolve along relatively established lines. There are few …
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Sports betting within the USA is an issue that has been long debated, and will continue to be done so until the culmination of the ongoing Christie v NCAA case, and most likely well beyond. It was no surprise to see it debated in varying degrees at last weeks ICE London, with Dan Wallach, shareholder at Becker and Poliakoff, getting …
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Dan Spillane the General Counsel of the NBA has detailed to the New York Senate on Racing and Gaming, that the NBA believes that the ‘time has come for a different approach’ to sports wagering. Having studied the subject matter for a number of years, the NBA’s governance seeks to act on the front foot with regards to developing US …
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Regulus Partners, the strategic consultancy focused on international gambling and related industries, gives an insight into some of the key developments in the gambling industry as part of its ‘Winning Post’ column. Europe: Remote markets – Lies, damned lies and growth statistics. Italy’s online gambling market finished 2017 in style, with c. 34% overall regulated market growth (excluding lottery and …
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The Supreme Court Justices’ review of New Jersey repealing the provisions of the 1992 ‘Professional and Amateur Sports Protection Act (PASPA)’, has become a high stakes battle for all federal US states. A report published by US gambling research consultancy Eilers & Krejcik Gaming has indicated that 18 states may move to introduce licensed sports betting bills, with 11 having …
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All eyes are set to fall on the USA today, as the Supreme Court of the United States (SCOTUS) hears oral arguments from New Jersey officials regarding the constitutionality of the Professional and Amateur Sports Protection Act (PASPA). With a distinct focus on New Jersey’s bid to offer licensed sports betting, the state has already faced seven losses in federal …
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