by Carter Floyd | Jul 17, 2020 12:40 pm | Sports Betting
Major League Baseball has agreed to a deal with Malta-based Betcris to be its exclusive sports betting partner in Latin America. This is MLB’s second major sports betting partnership, as FanDuel and MLB struck a similar deal for the U.S. market last year. Baseball has...
by Carter Floyd | Jul 5, 2020 7:00 am | Revenue
COVID-19 has created an estimated $615 billion hole in state budgets through public health expenses and lost tax revenues. Many states have turned to sports betting odds as one potential avenue to mitigate the economic losses caused by COVID-19. Since the near start...
by Carter Floyd | Jun 19, 2020 10:05 am | Regulatory
The U.S. Court of Appeals of the First Circuit is now hearing an appeal from the Department of Justice on the case of New Hampshire Lottery Commission, et al v. Barr, et al. The case will determine the scope of the Wire Act and whether it applies solely to sports...
by Carter Floyd | Jun 18, 2020 10:00 am | Sports Betting
The four major North American professional sports leagues filed to dismiss a $150 million legal claim by the New Jersey Thoroughbred Horsemen’s Association (NJTHA) on Monday. Their claim is predicated on the fact that the leagues were responsible for an injunction on...
by Carter Floyd | May 20, 2020 10:06 am | Sports Betting
The New Jersey Thoroughbred Horsemen’s Association is seeking millions of dollars damages from the NCAA, MLB, NBA, NHL and NFL for preventing them from operating a sportsbook at Monmouth Park from October 2014 to May 2018. Despite legal precedent against the...
