Legal Sports Report

Sports betting earnings calls are filled with talk of profitability and efficiency, but what has it taken for some sportsbooks to get closer to being in the black? The crew also looks at the return of official league data talk (12:58), positive signs for a Minnesota bill (18:33), and a throwback to the days of DFS (20:14).

What are the prospects for a new House bill that would end sportsbook advertising as we know it? Also, FanDuel stock might become available in the US (15:40) and the lessons to be learned from the Caesars/William Hill app crashes on Super Bowl Sunday in Nevada (21:35).

Houston's favorite bedding salesman gives one of the most ridiculous takes of the legal US sports betting era, so the crew finally must speak his name. Also, LSR projections for Super Bowl handle and a shift in strategy for Barstool Sportsbook.

A hearing in New York featured sportsbook executives pleading for a lower tax rate and hinting at consequences if they don't get their wish (0:49). The crew also looks at the revamped PointsBet-NBC deal and Intralot's latest struggles with sports betting, this time in Ohio (8:28).

New York has made a lot of money from online sports betting, but help for problem gamblers does not appear to be adequately funded; can that change this year (1:00)? We also talk about whether athletes under the age of 21 should be able to get endorsement deals from sports (12:18), and Bally's pulls back on its online gambling staffing (17:45) despite a lot of spending in the sector in recent years.

A bill again emerges in New York to increase the number of online sportsbooks in the state (1:00). Jerry Jones opines about the legalization of sports betting in Texas (8:24); we talk about what that means and the climate for expanded gambling in the Lone Star State. The latest on the UFC betting scandal (14:55); and we run through staff predictions for 2023 (22:33).

The state of Ohio is regulating how sportsbooks market to customers far more seriously than any other jurisdiction (0:52); could that have repercussions around the US? We also take a look at Bet365's entrance into Pennsylvania (7:16) and the latest as Texas considers legalizing sports betting (18:37).

We take a look at how the NFL and sportsbooks dealt with the Bill-Bengals game (4:22). Ohio went live with online sports betting a minute after New Year's Eve (12:39)... and after Ohio State lost in the college football national semifinal. Barstool Sportsbook is officially coming to Massachusetts (21:23).

DraftKings CEO Jason Robins ignited the sports betting community on Twitter with his comments about bettors seeking profit. Brad Allen joins the crew to discuss the situation, plus Nevada tops $1 billion and Florida stays on hold.

A federal court ruling says the compact that legalized sports betting in Florida needs to come off the books, so where does that leave things? We also speculate on the launch of New York sports betting, talk about ESPN's potential foray into gambling and the records we saw in October for wagering activity.

We now know who will be taking bets in New York but when will the state launch online betting? We also break down the latest news from DraftKings and Penn National/Barstool Sportsbook, as well as updates in Florida, Minnesota, and Ohio.

We break down where we think everything is heading in New York as operators decide if they approve of the state's tax rates. We also talk about the Tennessee minimum hold rule continuing to haunt us as we approach Halloween. And the DraftKings-Entain deal is officially going nowhere, so what's next?

We know more about what online sports betting in New York could look like, and it may come with a 64% tax rate on revenue. We also go over updates on sports betting in Connecticut and Florida, plus an important move by the NFL and the NCPG when it comes to responsible gambling.

With the report that Adam Schefter could be a target of Caesars Sportsbook, we break down what that means for the legal betting industry in in the US. We also see if Florida launched, how Connecticut sports betting is going, and we talk a lot about curling.

Connecticut and Louisiana now have retail sportsbooks, but we're still waiting for online betting. We also chat about what happened at the gambling conference G2E, the latest on DraftKings and Entain, and the legal wrangling in Florida.

Regulators warned of potential issues from the flood of gambling promotions and commercials in the US, something that the UK is familiar with. We also break down Arizona's huge opening week, sports betting arrives in Washington and is close in Connecticut, and more legal shenanigans crop up in Florida.

The LSR crew takes stock of the meteoric rise of American sports gambling heading into another NFL season, which will be the biggest yet in the US market. We also tell you whether to expect a launch in Arizona tomorrow and the latest on the Sportradar IPO.

The Arizona sports betting law is under threat of lawsuits ahead of a launch that is supposed to happen next week. We also talk about the Wyoming online sports betting launch, what's going on with legalization in Florida and California, and the NFL gets in even deeper with gambling.

Four sportsbooks are ready to go for the start of NFL season, and more are on the way. What do we know so far? Barstool Sportsbooks continues its US expansion, Nevada reports a huge July for sports betting, and what do we make of a sports betting deal for the Fiesta Bowl?

There's some news out of each of these three big states when it comes to sports betting. We also provide updates on Louisiana, Maryland, Arizona and North Carolina. And another big company in sports betting is going public.

That's a bit of hyperbole because that would have been the day the US opened up to legal betting. But we have huge news out of New York and Florida, as well as MA in the US in excess of $3.5 billion in a week involving the likes of DraftKings and Penn National. Plus the latest on Arizona sports betting.

Caesars is getting into sports betting in earnest, retiring the William Hill brand across much of the US. But does it have what it takes to compete with the biggest operators? We also look at the most recent development in New York and Arizona sports betting and the plans on the horizon for PointsBet.

The Legal Sports Report team looks at Massachusetts, Arizona, and New York sports betting progress. And Tipico spends $90 million on a media deal.

The cost of doing business in New York could be extremely high, with revenue sharing with the state potentially exceeding any arrangement in the US. We also look into how FanDuel found its way into Connecticut, good news for Massachusetts sports betting and bad news for Maine sports betting.

Eight days late, the bidding requirements and scoring system for NY sports betting dropped last week. The crew discusses a Florida lawsuit and NFL data price-gouging, as well as recapping the NCLGS conference.

On July 1, New York takes its next major step toward its launch of online sports betting; so what happens next? Also, we catch up with a surprise out of Florida and the future of sports betting, and Scientific Games announces it is spinning off its sports betting business.

We run down what you need to know about the Canada sports betting bill Parliament just passed. We talk about big deals involving Sports Illustrated and Nasdaq, plus updates on legal betting In Louisiana, Ohio, and Maine. See omnystudio.com/listener for privacy information.

A group called Hindenberg Research shorted DraftKings and put out a negative report. So what happened with $DKNG stock? We also run down the prospects for legalization in Ohio and Canada, and the revenue and handle numbers out of three big states: Michigan, Pennsylvania and New Jersey. See omnystudio.com/listener for privacy information.

The co-founders of DraftKings just pulled in more than half a billion dollars because of the company's stock surge. How and why? Canada and Louisiana move tantalizingly close to allowing legal single-game sports betting, and an update on the issues facing Florida sports betting. See omnystudio.com/listener for privacy information.

Voters in California are going to vote on whether they get sports betting, except it won't be online if they say "yes." Plus the latest dumb policy affecting Illinois sportsbooks, and updates on where Canada and Wyoming stand on legal sports wagering. See omnystudio.com/listener for privacy information.

Why is an offshore sportsbook pulling out of a big state, and what it means for the climate for legal sports betting. We also look at how close Connecticut is to sports betting, and the odds that Canada legalizes regulated single-game wagering. See omnystudio.com/listener for privacy information.

The state legislature just gave the go-ahead for legal betting in the state, but potential speedbumps or roadblocks stand in the way of a launch. So what will happen in the Sunshine State? Maryland is now official for legalizing sports betting after a governor's green light, and we look at the numbers from some of the biggest states with online sportsbooks. See omnystudio.com/listener for privacy information.

Matt King stepped down as the head of the market leader in US sports betting, which already has reverberations in the industry. We also look at Wynn spinning out its online business publicly, and the good news and bad news for Illinois sports betting. See omnystudio.com/listener for privacy information.

The William Hill brand is going away in the US; you will now be seeing Caesars Sports around the country. What does this mean for the sports betting industry in America? We also talk about the dust-up regarding Flutter and FoxBet, updates in Florida, and the big pricetag paid for a sports betting site. See omnystudio.com/listener for privacy information.

Florida has a real chance at legal sports betting, a fitting topic to look back at how much has changed in our first 100 podcasts and since the start of LSR. We also talk NFL gambling deals, New York, and a chat with the PGA Tour VP of Gaming. See omnystudio.com/listener for privacy information.

Maryland and Arizona are poised to get online sports betting in the near future, and we also circle back on the latest in New York sports betting. We also look at numbers from the midwest sports betting states and take a look at why DraftKings needs a chief media officer. See omnystudio.com/listener for privacy information.

New York online sports betting is coming, but it's going to be a mess in more ways than one. Illinois joined New York in doing something stupid in ending remote registration. And rejoice, Wyoming, you two will get online sportsbooks! See omnystudio.com/listener for privacy information.

Online sports betting is actively being negotiated as part of the NY state budget, but the outcome could be less than ideal. We also breakdown DraftKings buying the Vegas Sports Information Network, and talk about the latest shenanigans in Tennessee. See omnystudio.com/listener for privacy information.

Matthew Waters joins the podcast to explain what in the world is happening with suspended Tennessee sportsbook Action 24/7. Later, Matt and Adam speculate on how long it will be before your Amazon Prime subscription comes with free bets. See omnystudio.com/listener for privacy information.

The news continues to be good out of New York, but will the state finally legalize sports betting this year? We also breakdown all of the revenue and handle numbers, including the first full month in Michigan. Plus what do we make of a potential FanDuel listing in the US? See omnystudio.com/listener for privacy information.

FanDuel is having to deal with what looks like a frivolous lawsuit in Illinois. We also breakdown DraftKings' investor day, Gov. Cuomo's issues, and what they mean for New York sports betting, plus updates on the legalization efforts around the US. See omnystudio.com/listener for privacy information.