Sports betting regulation

October 2, 2024

More BetMGM betting violations revealed in Massachusetts

An external audit commissioned by BetMGM in Massachusetts revealed multiple potential violations of state wagering regulations. The Massachusetts Gaming Commission (MGC) decided on Wednesday (2 October) to handle the newly found violations and two existing ones in a single adjudicatory hearing.
After BetMGM allowed banned prop bets on college football games and professional soccer matches, the operator hired Gaming Laboratories International (GLI) to audit its books. That company found additional potential “non-compliant” bets, including:

Forty-one more college-player props on college football;
Thirteen college-player props on college basketball;
Twelve college-player props on two women’s Elite Eight college basketball games on 1 April 2024; and
One hundred-and-six bets placed between 8 June 2024 and 17 June 2024 on Glory Kickboxing events.

College-player prop bets are prohibited in Massachusetts. And Glory Kickboxing is not an approved betting market. MGC staff revealed the add..

October 1, 2024

Pete Rose bet on his own team. But he also embodied baseball for generations. That’s worth remembering

Baseball legend Pete Rose died on Monday (30 September). But you already know that. And if you're like me and grew up watching Rose play, you're left with a host of complicated feelings.
Since that fateful day 35 years ago, when Pete Rose accepted a spot on baseball’s “permanently ineligible” list, his legacy has been fraught. Unquestionably one of the best ballplayers who ever lived, Rose broke sports’ cardinal rule. He bet on baseball and, not only that, on his own team.

Rose died in his home on Monday of causes yet unknown, a spokesperson for the Clark County office of the coroner/medical examiner in Nevada told CNN. He was 83.

On 23 August 1989, then-Major League Baseball commissioner A Bartlett Giamatti banned Rose from the game. Forever. Rose didn’t think it would stick. But Giamatti died of a heart attack just a week after penalising Rose. Since then, no other MLB commissioner has seriously considered reversing the ban, which means Rose could very well be the best..

October 1, 2024

Episode 34: Football returns, DC gets in the game and more

Welcome back to the World Series of Politics! This week Brandt Iden and Brendan Bussmann guide you through the early weeks of the NFL’s $35bn season and Washington DC sports betting finally getting competitive.

If that’s not enough we’ve also got Missouri sports betting confirming its place on the ballot and some rumblings about Arkansas igaming. Arkansas sports betting – limited to one casino and two racinos – hasn’t quite hit the numbers so will replicating that model work for online casino?

Listen to the World Series of Politics on Apple Podcasts

We’ve got all the latest regulatory wranglings in this episode. Brendan even finds time to solve a Rubik’s cube live on air.

September 26, 2024

Massachusetts regulator gives Penn green light for ESPN Bet retail rebrand; removes betting on college awards from menu

As Penn Entertainment and ESPN Bet prepare to launch in New York, Penn got approval on Thursday (26 September) to rebrand its Massachusetts brick-and-mortar sportsbook. The company has rebranded and opened two others in the last two weeks.
Late last week, ESPN Bet openeda retail sportsbook at L’Auberge Casino Resort in Louisiana and it opened a venue at the Margaritaville Resort Casino on 14 September. For its Massachusetts location, at Plainridge Park, Penn was doing its due diligence by asking the Massachusetts Gaming Commission (MGC) to sign off on the change. Commission staff said it saw no “substantive issues” with the rebrand and the Massachusetts regulator gave Penn its blessing. No date was announced for the rebranding.

ESPN Bet went live digitally in 17 US jurisdictions, including Massachusetts, last November. On Monday (23 September) the company got approval from the New York State Gaming Commission to launch in that state. On Monday a Penn executive pointed to a go-live a..

September 17, 2024

MLBPI slaps four US operators with name, image and likeness suit for using players in apps, social media

MLB Players Inc (MLBPI), the corporate arm of the Major League Baseball Players Association (MLBPA) has filed lawsuits against DraftKings, Bet365, FanDuel and Underdog Fantasy for unlawfully using the name, image and likeness of several players on their apps and social media accounts.
The suits were filed on Monday (16 September). The DraftKings-Bet365 suit was filed in the US District Court for the Eastern District of Pennsylvania and the FanDuel-Underdog suit was filed in the New York State Supreme Court in Manhattan. Both allege that the bookmakers have used “hundreds” of MLB players’ names and images without proper consent.

The alleged violations apply to bets and promotions on the bookmakers’ apps and posts from their social media accounts. The union described the two companies’ conduct as “outrageous, malicious, and in wilful violation of MLBPI’s rights”.

As a result, the union is seeking an injunction to stop the use of player images as well as compensatory and punitive dam..

September 2, 2024

Federal Revenue Service to address Brazil sports betting tax concerns at CPI hearing

Special secretary of Brazil’s Federal Revenue Service Robinson Barreirinhas will appear in front of the parliamentary commission inquiry (CPI) on match-fixing to explain how sports betting tax from companies abroad will be kept in Brazil.
The special secretary will appear at the request of Carlos Portinho, who is looking to clarify how tax payments will be made across borders.

Barreirinhas will be heard this Wednesday (4 September) by the CPI on manipulation, which was set up in April to counter match-fixing on sports betting in Brazil.

As set out in Normative Ordinance No 827, operators must have a headquarters on Brazilian soil. Foreign companies are still eligible for a licence, although they must have a local subsidiary of which a Brazilian owns at least 20% of the share capital.

Businesses must also provide a joint certificate from the special secretariat of federal revenue and the attorney-general’s office of the national treasury to show they are registered to pay tax in the ..

August 29, 2024

SEC latest US college football conference to require college injury reports

The Southeastern Conference (SEC), one of the four remaining college football power conferences, is mandating injury reporting amid the spread of sports betting in the US. The Big Ten last year was the first to do so and Mid-American Conference last week also required reporting.
The SEC injury reports mandate is not for football only, it also extends to men’s and women’s college basketball and baseball.

The requirement is in direct response to the rise of legal wagering in the US. College football administrators see it as a tool to protect student-athletes from the betting public. Injury reporting is a staple in US professional sports leagues.

SEC teams will kick off their first full day of the 2024 season Saturday. Last week, No 10 Florida State played at Georgia Tech.

“This availability reporting policy is intended to reduce pressure from outside entities seeking participation information and represents a commitment of our 16 institutions to provide enhanced transparency to sup..

August 20, 2024

Episode 33: Momentum building for Missouri sports betting?

Last week Secretary of State Jay Ashcroft confirmed voters would have the final say on Missouri sports betting, potentially breaking an impasse that has seen legalisation efforts run into a brick wall in the statehouse.

Path to legal betting isn’t fully cleared
The ballot measure, which tethers online sportsbooks to sports venues, was put forward by Missouri’s professional sports teams with backing from FanDuel and DraftKings but no buy-in from the state’s casinos.

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And early polling suggests voters are not yet on side. A Remington poll in May showed 60% were opposed to legal sports betting. However more recent numbers from Emerson suggest differently; their figures show 38% in favour and 35% against, with a lot of undecideds.

There’s also a highly contentious abortion measure on the ballot, which may drive voter turnout. Could that be beneficial for Missouri sports betting?

August 5, 2024

Brazil gambling regulation complete as government publishes final ordinances

With less than five months until the anticipated launch date of the legal betting market in Brazil, the final gambling regulations have been outlined in ordinances published by the ministry of finance’s Secretariat of Prizes and Bets (SPA).
The four-phase regulatory rollout set out in April is now complete and the launch of legal gambling in Brazil is on track for 1 January 2025.

Jump to:

Online games

Monitoring and inspection

Money allocated to the state

Responsible gambling, including a ban on influencer advertising

Sanctions for non-compliance

Operators have been submitting their applications for licences, with the total number of requests now at six after NSX Group’s Betnacional filed its application on Thursday (1 August) with less than three weeks to go until the 90-day initial window of preference closes.

Operators who apply before 20 August will have their applications prioritised by the SPA and ensure they are processed by the expected launch date of the market.

Those..

July 22, 2024

In Macau, most suspects bail out in illegal sports betting case

Prosecutors in Macau have indicted 59 people swept up in a sports betting sting earlier this month. All but two have been released on bail. The illicit operation purportedly reaped millions per week during the recent UEFA Euro 2024 tournament.
The Macau Public Prosecutions Office has indicted 59 people allegedly involved in an online sports betting ring. Two of the defendants remain under pre-trial detention. The rest have been released on bail, with orders not to leave the city.

A total of 93 people were arrested in the 2 July sting in Macau, Hong Kong and Guangdong. Police seized MOP88.4m (£8.5m/€196.2m/US$11m) in cash and froze bank accounts containing MOP22.1m.

The websites, based outside Macau, took bets on football and basketball games. They reportedly generated about MOP72m per week during the recent UEFA Euro 2024 tournament.

Authorities estimate the illegal operation has pulled in more than MOP1.08bn since 2016.

Online gambling is illegal everywhere in China, including M..

July 22, 2024

Student athletes face new wave of harassment – how is the NCAA and the betting industry addressing the issue?

The National Collegiate Athletic Association (NCAA) and the National Council of Legislators from Gaming States (NCLGS) are working together to afford collegiate athletes safety in the new world of sports betting.
Dangers for student athletes range from integrity to the illegal betting market, to physical danger to athletes from bettors who lose individual player prop bets said panelists on Friday (19 July) at the NCLGS summer meeting in Pittsburgh.

The NCAA and NCLGS are banding together for a solution, said Clint Hangebrauck, the NCAA’s managing director of enterprise risk management. The two entities have formed a special committee on education to create draft legislation that can address protecting student athletes.

“We have drafted a model legislative framework that starts with really enforcing the unregulated market,” Hangebrauck said. He went on to say that the current situation presents a “clear and present danger to the safety and well-being of our student athletes”.

Wayne ..

July 19, 2024

Bettor perspective? Walters, “Spanky” say US sportsbooks have much to learn

As legal sports betting in the US proceeds in its seventh year, many have expressed concerns about whether the current wagering model is sustainable for the long term.

A panel discussion on Friday (19 July) at the summer meeting of the National Council of Legislators from Gaming States (NCLGS) in Pittsburgh featured views on the subject from legendary sports bettors Billy Walters and Gadoon “Spanky” Kyrollos. Both the legendary Walters, 78, and Kyrollos said sustainability depends on treating sports bettors fairly.

That, they said, means an equal playing field for all customers.

Richard Schuetz, a veteran casino executive, regulator and onetime Las Vegas sportsbook operator, moderated the panel. Schuetz hosted Walters when Schuetz ran the sportsbook at the Stardust.

Transparency, betting limits are concerns

One problem threatening the long-term sustainability of legal sports betting, panelists said, is a lack of knowledgeable operators. “The (legal) industry is new in this country..

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Tag: Sports betting regulation