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What We're Watching
Week of August 3
- The saga in Illinois continues to unfold as a third sportsbook opened over the weekend, with rumors rampant of more operators launching prior to the start of NFL football.
- The NBA and NHL restart bubbles continue to drive increased action at sportsbooks through the country, MLB presents a challenge for bettors and books alike as teams stop and start based on COVID-19 cases.
- Follow the most recent legislative happenings on our sports betting bill tracker as 2020 sessions either wind down or finish up after shutdowns.
- 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
Latest News
RESOURCES
Sports Betting Bill Tracker
Weekly Sports Betting News Recap
US Sports Betting Revenue Tracker
Official League Data
The Integrity Fee
LSR Podcast
Listen to all episodes of the weekly LSR Podcast here
Legal Online Sports Betting States & Industry Coverage
Opinion
Daily Fantasy Sports
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.