Kansas reboots a mobile sports betting bill from 2021
Summary: A new bill (HB 2740) in Kansas would authorize the Kansas Lottery to offer online sports betting “through one or more lottery gaming facility managers that have entered into a contract with the lottery.” Why it matters: Kansas was one of the first states to explore sports betting following the Supreme Court case that […]
Partnerships between colleges and US sportsbooks come under fire
Summary: A promotional offer emailed to LSU students highlights the controversial aspects of partnerships between sportsbooks and colleges, and how quickly calls to rein in the burgeoning sports betting industry can emerge. Why it matters: Sports betting operators competing for market share have unleashed a deluge of advertisements in US markets, which has opened the […]
Industry vet: US sportsbooks run the risk of a class-action lawsuit
Summary: The US sports betting industry should mimic securities markets to avoid a potential class-action lawsuit, according to Bruce Merati, who argues sports betting operators could be violating federal law with their advertising claims. Why it matters: Shifting odds and minuscule wagering limits are UX disasters. As Merati explains, “Changing pre-match odds when the bettor […]
Lachlan Murdoch on FOX legal case
Fox Corp. CEO laments lack of control of FOXBet“We don’t control it. Because we’re not allowed to. It’s only rolled out in four states, which we’re disappointed in, and we’d like to see it rolled out in many more.”- Lachlan Murdoch, CEO, Fox Corp. (Source Link)March 16, 2022
Purdum on NCAA tournament ads
@DavidPurdum: Commercials for sportsbook operators will not be permitted during NCAA tournament games, per NCAA.