Sports Betting News Economic Impacts Of Sports Betting In The U S

Missouri launches sports betting as recent scandals shine a spotlight on the growing industry

JEFFERSON CITY, Mo. -- As Missouri launches sports betting Monday, people will be able to wager on how many points a particular athlete will score in a game — so long as it doesn't involve a Missouri ... Read More

Sports Betting a Risk For Lenders, BofA Analysts Say

The ease of betting through a sportsbook app can lead gamblers to quickly accumulate losses without realizing the full extent of the damage done to their bank accounts, the analysts said. Read More

Las Vegas Grand Prix Economic Impact Extends to BetMGM, Retail Sports Betting

Digital and retail sportsbooks will bask in the massive betting interest, as no other F1 event has the wagering buzz of the Las Vegas Grand Prix. Read More

How Is Sports Betting Playing Out for States? It's Complicated.

States are having doubts about whether their sports betting programs — legalized in a rush of legislation over the last several years — are generating the promised benefits. Read More

U.S. Prediction Markets Poised for a Sports Betting-Like Spending Spree

Incumbent and incoming operators of prediction markets are adding to their war chests and expecting to spend significant sums to acquire customers. Read More

Is betting on sports good or bad for sports?

Americans legally bet an estimated $3.1 billion on men’s and women’s NCAA tournament games this past March, up $400 million from the year before. And while that’s a big number, it’s a fraction of the ... Read More

How a 2018 Supreme Court decision paved the way for meteoric growth in legal sports betting

WASHINGTON (AP) — A 2018 Supreme Court decision opened the floodgates to legalized sports-betting industry, now worth billions of dollars a year, even as it recognized that the decision was ... Read More

Local Gambling Counselor, State Senator Discuss Impacts of Sports Betting

FARGO, N.D. (Valley News Live) - The world of sports betting is exploding – and so are the scandals. Just last week, current and former NBA players were arrested in a massive illegal gambling ... Read More

What Americans think about legal sports betting, according to recent polls

WASHINGTON (AP) — As legalized sports betting expands, recent polling suggests that Americans have become increasingly critical of its role in U.S. society and sports — although they’re more tolerant ... Read More

Apologetic Quincy senator regrets vote to legalize sports betting

A Massachusetts senator who voted to legalize sports betting now regrets his decision and has filed a bill to add new restrictions. The proposed "Bettor Health Act" would ban certain types of wagers, ... Read More