What We're Watching

Week of February 22

  • With Super Bowl betting moving into the background, all eyes now turn to March Madness with the overall biggest sports wagering event of the year just around the corner.
  • DraftKings entered the Canada market with an expanded DFS deal. Stock prices for theScore jumped soon after. Could there be more to the connection?
  • At least a dozen states have sports betting legislation that has been introduced in the past three weeks. Follow the most recent legislative happenings on our sports betting bill tracker as we begin to prepare for the 2021 state legislatures.
  • Keep an eye on our Twitter feed for updates throughout the week, and don’t forget about the weekly LSR podcast either.

Sports Betting Reviews

RESOURCES

Sports Betting Bill Tracker

Weekly Sports Betting News Recap

US Sports Betting Revenue Tracker

Official League Data

The Integrity Fee

 

LSR Podcast

Check out highlights of the podcast each week on LSR’s YouTube channel:

 

Legal Online Sports Betting States & Industry Coverage

LSR Focus Areas

Regulated / Legal U.S. Sports Betting

Closely connected to the issue of daily fantasy sports is the issue of regulated sports betting in the United States. On May 14, 2018, the US Supreme Court struck down the 1992 law (PASPA) that made sports betting illegal everywhere except Nevada. This means that sports betting is now in the hands of states to regulate and/or prohibit. The topic of legal sports betting is appearing in more and more states, a development that we’ll be watching closely as they unfold in the coming years.

Daily Fantasy Sports

LegalSportsReport began as a site aimed at analyzing the daily fantasy sports industry in the United States, and that remains a focus today. We are especially interested in the legal and legislative conversations surrounding DFS, and also in the underlying economics of the daily fantasy sports industry. Additionally, we cover general industry developments, including product innovations, marketing trends, and related topics.

The Global Sports Betting Market

In many ways, the global sports online betting market, led by operators like bet365, provides a template for the market that is likely to eventually evolve for sports betting and horse racing in the United States. And many of the companies that dominate the international sports betting market – such as William Hill – are poised to become key players in the US sports betting field now that the market is legal and regulated for sports.

About Legal Sports Report

LegalSportsReport.com covers the legal online sports wagering industry, including sports betting sites and daily fantasy sports in the US. LSR is produced by the team behind Online Poker Report, which covers the regulated online poker industry; PlayNJ.com, which covers the regulated NJ online casino industry; and PlayUSA.com, which covers the broader US gambling industry. Follow us on Twitter and YouTube. Read our advertising disclosure.

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