Raiders to Vegas as NFL Resists Sports Betting

Roger Goodell, National Football League Commissioner, has eased up his position towards sports betting once the Raiders landed in Nevada. US.- As Las Vegas will host the newest stadium of Raiders, officials of the National Football League (NFL) and representatives of the football team are debating the possible impacts of the gaming industry on the sports integrity. Whilst the NFL used to be one of the major opponents to legal and unauthorised industries, Roger Goodell, NFL Commissioner, has eased up his position towards the activity. This week authorities of the NFL and Las Vegas revealed their joint plan for the…

Americans Will Bet Over $35 Billion on Baseball

American sports fans are poised to wager $36.5 billion on Major League Baseball (MLB) this year, according to an estimate by the American Gaming Association (AGA) released just days before opening day. Of the $36.5 billion that will be wagered, $35.4 billion – or 97% – will be placed illegally through illicit offshore websites and sports bookies. Americans wager roughly $154 billion a year on sports illegally due to the 1992 federal prohibition on sports betting. “The amount wagered illegally on professional baseball is another sign the federal ban on sports betting has become an utter failure,” said Geoff Freeman,…

NFL Still Says ‘No’ to Sports Betting

NFL commissioner Roger Goodell said Tuesday that league ownership remains opposed to legalized sports betting because of integrity concerns, while also acknowledging that the regulatory framework in Nevada’s legal sports betting market could be “beneficial” when it comes to the Raiders eventually playing in Las Vegas. Owners voted 31-1 to approve the Raiders’ move from Oakland to Las Vegas, but Goodell said having a franchise located in the home of the largest legal sports betting market in the United States will not change the league’s stance on gambling. “I think we still strongly oppose [among ownership] legalized sports gambling,” Goodell…

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DraftKings Opens in Germany

US daily fantasy sports site DraftKings officially went live with a beta version in Germany on Thursday. Earlier this year, DraftKings announced it would be going live in Germany during Q1, thanks to a new skill-games license acquired in Malta. (Fantasy soccer site Oulala is the only other company known to have acquired this license.) The full suite of DraftKings fantasy contests will be available to the German population… “Germany is known for its passionate sports fans and we are pleased to welcome them to daily fantasy sports,” DraftKings Chief International Officer Jeffrey Haas said in a press release upon…

DraftKings FanDuel Merger in Doubt

In mid-November 2016 the two largest daily fantasy football companies, DraftKings & FanDuel, announced a merger of equals. The thinking was that instead of pouring hundreds of millions of dollars into continuing to fight each other, they could fight legal and political battles together & continue to expand. When the news broke, ReCode quoted “the merger still needs to pass regulatory approval, but it’s hard to imagine that will be a problem.” So why haven’t we heard anything substantial since then? Why have almost four months gone by with no news of a confirmed merger? A period of silence of…

Kentucky Fantasy Sports Bill Fails

The daily fantasy sports industry apparently will not be getting the legal clarity and regulation it desires in the Bluegrass State, at least for now. The bill there — H 414 — sought to establish a legal footing for paid-entry fantasy sports and regulation of companies offering them, like the biggest DFS operators, DraftKings and FanDuel. The bill actually garnered a majority of votes in the House — with a 37-36 margin. However, the bill did not reach the 40-vote threshold required to advance to the state Senate. (A bill must be approved by two-fifths of the 100 members in…