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 online 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 Caesars – are poised to become key players in the US sports betting field now that the market is legal and regulated for sports.