Legal Sports Betting & Daily Fantasy Sports Opinion

Opinion: Where US Sports Betting Stands Three Years After The Fall Of PASPA

Monday, May 14, 2018, was probably the biggest date for sports betting in the United States in the last 100 years. The 2018 Supreme Court calendar had a number of high profile cases to decide. They touched on major social issues like Masterpiece Cakeshop. They addressed important commercial issues like the internet sales tax case, […] Read More

Posted on: May 14, 2021 | | John Holden

Opinion: Five Aspects of the Florida Compact Worth A Look

What’s next in Florida sports betting? The future of the new gambling compact between the Seminole Tribe of Florida and Gov. Ron DeSantis sits on uncertain legal ground, at least the aspects of the agreement that would bring mobile betting to the Sunshine State. While more details are likely to come out about how the two sides […] Read More

Posted on: May 13, 2021 | | John Holden

Analysis: Why DraftKings Stock Is Falling And What It Means For US Sports Betting

DraftKings stock is down more than 40% from its recent highs and the downturn could have an impact on the reset of the industry. Read More

Posted on: May 13, 2021 | | Brad Allen

Opinion: Tribal Gaming Issues Loom Over Mobile NY Sports Betting Deal

Editor’s note: Legal Sports Report consulted with multiple gaming industry and legal experts to produce this editorial article about NY sports betting. If pressure makes diamonds, maybe the Governor of New York and the Legislature should put the sports betting deal back because it is far from pretty. The “deal,” is an apparent compromise from […] Read More

Posted on: April 27, 2021 | | LSR Staff

Opinion: Why Florida Sports Betting Deal Still Might Not Happen

Florida sports betting might need to work out some kinks before reaching the market. A landmark deal reached between Florida Gov. Ron DeSantis and the Seminole Tribe of Florida sees the Sunshine State extend the Tribe’s gaming exclusivity deal in exchange for a 30-year agreement to make payments of at least $500 million annually to […] Read More

Posted on: April 26, 2021 | | John Holden

Analysis: Why NY Sports Betting Is A ‘Trap’ For Sportsbook Operators

Sportsbooks are either frozen out of the NY sports betting market for ten years or nearly certain to lose money thanks to onerous tax regime. Read More

Posted on: April 22, 2021 | | Brad Allen

Analysis: DraftKings Migration Issues In NH Show Another Monopoly Downside

DraftKings New Hampshire has suffered several hiccups since moving onto its own technology and consumers have nowhere to go. Read More

Posted on: April 21, 2021 | | Brad Allen

Analysis: Mobile NY Sports Betting Bid Process Could Help These Operators

Even the best-laid plans often go awry, and so it is in NY sports betting. Four companies moved ahead of the game and had first-skin access deals for the market months and even years ago: DraftKings, partnered with Del Lago FanDuel, partnered with Tioga Downs Bet365, partnered with Empire Resorts BetRivers, affiliated with Rush Street‘s […] Read More

Posted on: April 12, 2021 | | Brad Allen

Analysis: Has Barstool Sportsbook Already Hit A Ceiling?

Barstool Sportsbook promised to deliver a podium position in US sports betting with unmatched profitability. New numbers suggest that might not be the case. Read More

Posted on: April 7, 2021 | | Brad Allen

Start Spreading The Blues: NY Sports Betting Bill A Total Mess

The mobile NY sports betting language included in the state budget bill is best consumed with a stiff drink in hand. At best, the cocktail might help to make sense of the most confusing bill in three years of legal US sports betting. At worst, a libation will make it easier to walk away from […] Read More

Posted on: April 7, 2021 | | Adam Candee