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Additionally, the ESPN Sports Betting YouTube channel will contain segments from Daily Wager, SportsCenter and other programs. Moreover, ESPN also recently launched the digital show Bettor Days. Visit ESPN to get up-to-the-minute sports news coverage, scores, highlights and commentary for NFL, MLB, NBA, College Football, NCAA Basketball and more. Visit ESPN to get up-to-the-minute sports news coverage, scores, highlights and commentary for AFL, NRL, Rugby, Cricket, Football and more. Betting blog: Two draws cost punters dearly. ESPN announced a partnership with Caesars Entertainment, and more specifically, its sports betting partner William Hill, according to a press release. The multi-year agreement makes Caesars.
On May 14, 2018, the Supreme Court ruled that the Professional and Amateur Sports Protection Act (PASPA) is unconstitutional, changing the future of sports betting in the United States. ESPN Chalk is here to keep you up-to-date and informed.
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Supreme Court strikes down federal law prohibiting sports gambling
The Supreme Court ruled that PASPA is unconstitutional.
Can I gamble legally on sports now?
The Supreme Court has overturned PASPA in its decision on the New Jersey gambling case. In which states can you now bet on sports? Can you bet online? Here is an FAQ on the most pressing post-decision questions.
How the NBA, MLB are lobbying states to cash in on sports betting
Billions will be wagered at new legal sportsbooks across the United States. The NBA and MLB are angling to reap some of the profits.
Winners, losers of sports betting legalization
With every U.S. state now available to offer sports betting, professional sports owners are among the big winners. But what about Twitter, illegal bookmakers and the NCAA? We run through winners and losers.
Sports betting legalization: How we got here
The path to legalization of sports betting was a long one. David Purdum looks back at the reign of PASPA and how it got struck down.
The basics of sports betting FAQ
Don't worry, you're not alone. Many will be new to sports betting following the SCOTUS ruling, so we ran through some basics you might want to know.
Assessing the impact of betting around the world
With every state in the U.S. now eligible to offer sports betting, we take a look around the world at countries where gambling is legal (and also where it is not) to find out what impact it has had culturally and economically.
Sports betting bill tracker
The Supreme Court has ruled on New Jersey's sports betting bill and PASPA is unconstitutional. Which other states are pursuing bills to legalize sports betting? Here is a tracker with the latest legislation.
How legal sports betting will change the NBA, and the way we watch it
The NBA has been on the leading edge of legalized sports betting. But what does the Supreme Court decision mean for the league and how will it affect the game?
How will legalized sports betting impact the NHL?
Our NHL panel looks at the potential effects of the SCOTUS ruling on gambling in the world of hockey betting.
SCOTUS betting decision will take U.S. sports gambling 'out of the shadows'
How will the U.S. Supreme Court's decision to allow sports betting impact soccer? If anything, it might actually cut down on corruption.
Can legalized sports betting boost horse racing?
Beyond the spectacle of the Kentucky Derby and its Triple Crown brethren, will horse racing stand to benefit in a post-legalization world?
Why the SCOTUS betting decision could be good for women's sports
If gambling brings more money and eyeballs to women's sports, that's a good thing.
Does the SCOTUS sports betting ruling help in the legalization efforts of online poker?
With legal sports betting on the horizon, online poker legislation has mostly fallen behind. Will that change after the Supreme Court ruling?
NASCAR will look for ways to cash in on legalized sports gambling
NASCAR should get a boost in exposure thanks to the Supreme Court ruling opening up sports betting to all states, but don't expect it to be a gold mine from the start.
How the U.S. gambling decision will affect esports
Here's what to expect in the near future and beyond for esports.
How the Raiders got comfortable with sports betting
The Oakland Raiders are moving to Las Vegas, but for many years it was far from a certainty. This is the story of how a former Raiders running back, a UNLV professor and a 113-page report on sports betting helped ease the Raiders' concerns about Sin City.
A glimpse into the future of legalized sports betting
Betting on a Premier League game in an NBA arena hours before the game tips off that night? Suites with big-time gamblers' favorite shampoo and amenities? Darren Rovell provides a look at what the future of U.S. legalized sports betting could look like.
The odds of legalized sports betting: New Jersey vs. the leagues -- a timeline
It took over six years, but New Jersey finally prevailed and will have legalized sports betting. Here is a fun look at how the state's odds changed over the course of its legal battle.
Will Vegas ever be the same?
For Vegas bookmakers, 2017 was a very good year. But following the Supreme Court's ruling in the New Jersey, their futures are far from certain.
NFL's evolving stance on sports betting and Las Vegas
The NFL has had a decades-long adversarial public relationship with sports betting. Here is a collection of quotes, from Pete Rozelle in 1963 to current NFL commissioner Roger Goodell's recent comments.
From The Mag: Adam Silver's bold stance on gambling
When NBA commissioner Adam Silver declared his support for legalized sports betting in November 2014, he changed the game for the other leagues. But will it be enough to move the line? David Purdum explores in ESPN The Magazine's Gambling Issue in 2015.
Future of sports betting series
Note: This series was originally published ahead of the Supreme Court's decision.
The marketplace
In Part 1 of Chalk's series, we examine what the legalized sports betting market could look like.
The bettors
If sports betting is legalized in the U.S., recreational bettors will have far more options, such as gambling hedge funds. But they will also have increased competition. And not only from humans.
The pitfalls
Some say legalized U.S. sports betting is the wrong move. Experts point to potential increases in problem gamblers, harmful advertising and gambling scandals. But is it all doom and gloom?
Fantasy sports
Fantasy sports have never been more popular. Single-game sports betting is legal only in Nevada. However, the line between the two is blurring rapidly.
Two years after a landmark decision by the United States Supreme Court, the growth of the new legal sports betting market has exceeded many stakeholders' expectations and dramatically altered the relationship between sports leagues and the gambling industry.
More than $20 billion has been bet with U.S. sportsbooks since the Supreme Court struck down the Professional and Amateur Sports Protection Act of 1992 on May 14, 2018. The federal statute, commonly referred to as PASPA, had restricted regulated sports betting to primarily Nevada for 26 years, before being ruled unconstitutional.
Eighteen states -- representing just over 30% of the U.S. population -- now have regulated sports betting markets, with several more on deck. The District of Columbia, North Carolina, Tennessee, Washington and Virginia have passed legislation, and 16 additional states have active sports betting bills, according to the American Gaming Association. In the coming years, industry authorities expect more than half the states in the U.S. to offer legal sports betting.
Twelve states have approved full-scale online sports betting, including in Tennessee and Virginia, which will offer online wagering only. Of the $4.6 billion bet with New Jersey sportsbooks in 2019, approximately 84% of it was placed online.
Jeremy Kudon, a prominent lobbyist who includes professional sports leagues and gaming operators among his clients, said the speed and growth of the betting market -- especially online -- has been 'extraordinary.'
'I would have lost a lot of money, if I was given a chance to wager on whether non-gaming states, like Tennessee, Virginia and New Hampshire would legalize mobile sports betting in these first two years,' Kudon, a partner at the firm Orrick, Herrington & Sutcliffe, told ESPN.
The major players in the U.S. gambling industry are changing, too. FanDuel and DraftKings, two companies who made their mark in daily fantasy sports, are now full-fledged bookmakers and online casino operators, who have earned giant shares of the New Jersey market, well ahead of more traditional gambling companies like MGM Resorts and Caesars Entertainment.
As the market grows, however, problem gambling experts are concerned that states are not considering the potential harm caused by addiction. An analysis by the National Council on Problem Gambling (NCPG) showed nine states that recently authorized sports betting did not dedicate any new funding to problem gambling services.
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'Research indicates that anytime we introduce a new form of gambling we will simultaneously bring additional problems and concerns, thus requiring additional dollars,' Brianne Doura, legislative director for the NCPG, told ESPN. 'It is our stance that all stakeholders bear the responsibility to contribute to the research, prevention, treatment, and recovery of gambling addiction. If you profit from legalized gambling, you share the responsibility to pay for the negative consequences that can come from it.'
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As new stakeholders in the gambling industry, the NFL, Major League Baseball and the PGA Tour are members of the NCPG, as well as the NBA's Portland Trail Blazers. The leagues have quickly pivoted from their long-held objection to sports betting and are now actively participating in the industry, with sponsorship and marketing partnerships with gambling operators. The cooperation is likely to increase.
'I don't know if this is a specific trigger, but I would say that trajectory, even pre-COVID, had shown a level of willingness [from the sports leagues] to engage and at least understand what the industry is all about,' Matt Primeaux, president of sportsbook operator FOX Bet, said. 'I would expect that to continue.'
Fox, Barstool Sports and the Score are among the media companies that have or will soon launch branded sportsbooks. ESPN has a sports betting-focused partnership with Caesars Entertainment, and CBS Sports has partnered with sportsbook operator William Hill U.S.
All stakeholders will be playing close attention to state legislatures that may accelerate sports betting initiatives to generate new revenue to help mitigate losses caused by the pandemic. On Wednesday, the New Jersey Division of Gaming Enforcement reported $2.6 million in sports betting revenue in April, an 87.6% decrease from April 2019.
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'When legislatures return in earnest, we firmly believe the number of states ready to consider accelerating mobile sports betting and online gaming legislation to drive tax revenue will expand substantially,' Matt King, CEO of FanDuel, told ESPN. 'And we also see the industry recognizing this is a unique moment in time, and working more collaboratively to set aside minor differences and get bills across the finish line. Across the board, it's a time for pragmatism, and we see that producing a real opportunity for significantly expanding the map.'