Sports media is betting on gambling
5 years, 7 months ago

Sports media is betting on gambling

CNN  

New York CNN Business — First it was Turner Sports, then Fox Sports and now it’s ESPN’s turn. “The sports betting landscape has changed, and fans are coming to us for this kind of information more than ever before,” Mike Morrison, ESPN’s vice president of business development said in a statement. Darren Rovell, who worked at ESPN for nearly 13 years before joining the Action Network as its business of sports betting reporter, called the partnership “a watershed moment.” “I remember when they wouldn’t let us reference team names whenever I referred to odds, concerned about how the leagues would react,” Rovell tweeted on Tuesday. “Times have changed.” Other major sports media properties like Turner Sports have entered into partnerships to expand its gambling coverage. Disney CEO Bob Iger said during an earnings call earlier this year that he doesn’t see the company “getting involved in the business of sports gambling, in effect, by facilitating gambling in any way.” The recent sports gambling boom started after the Supreme Court struck down a ban on sports gambling exactly a year ago on Tuesday.

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History of this topic

Bill would ban sports betting ads during games and forbid bets on college athletes
3 months, 3 weeks ago

Bill would ban sports betting ads during games and forbid bets on college athletes

Associated Press  

ATLANTIC CITY, N.J. — The federal government would ban in-game advertising and bets on college athletes under a sports betting regulation bill proposed by two northeastern legislators. The legislation already faces strong opposition from the gambling industry, which has said for years that it should self-regulate sports betting advertising to avoid the federal government imposing standards on it. The American …

The Golden Age of Sports Betting Is Over
5 months ago

The Golden Age of Sports Betting Is Over

Slate  

These past few years have been a great time to bet on sports. Now the sportsbooks have decided they’d like to actually make some money, and they have pared back their promotional offerings to spend less on “customer acquisition.” The little carrots designed to make betting a friendly financial proposition are dulling or just going away, and they’ll only come …

How the US became hooked on sports betting – and the cost it’s having on lives
8 months, 1 week ago

How the US became hooked on sports betting – and the cost it’s having on lives

CNN  

CNN — In August 2019, Saul Malek realized he’d hit rock bottom. Dominick Reuter/AFP/Getty Images “In America, as long as there have been sports to bet on, people have been betting on sports,” AGA senior vice president Joe Maloney told CNN Sport in an interview. “We’ve seen no evidence of that whatsoever,” says Whyte when asked about legalized sports gambling …

Apple veteran to lead new sports streaming venture
9 months, 3 weeks ago

Apple veteran to lead new sports streaming venture

LA Times  

Pete Distad, who served as a senior executive for Apple Inc.’s TV business, has been chosen to lead the new sports streaming service being launched by Fox Corp., Walt Disney Co. and Warner Bros. Discovery Inc. Distad, who worked for almost 10 years at Apple following a stint at Hulu, will assume oversight of all aspects of the joint venture, …

New sports streaming service coming in 2024 as Disney, Fox and Warner Bros team up
11 months ago

New sports streaming service coming in 2024 as Disney, Fox and Warner Bros team up

The Independent  

Sign up to our free sport newsletter for all the latest news on everything from cycling to boxing Sign up to our free sport email for all the latest news Sign up to our free sport email for all the latest news SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

The odds for more sports betting expansion could fade after rapid growth to 38 states
1 year ago

The odds for more sports betting expansion could fade after rapid growth to 38 states

Associated Press  

— At his suburban St. Louis home, Brett Koenig can pull out his smartphone and open a sports betting app. “So that can create some friction.” The states where sports betting remains illegal are Alabama, Alaska, California, Georgia, Hawaii, Idaho, Minnesota, Missouri, Oklahoma, South Carolina, Texas and Utah. Kevin Stitt announced a plan in November to allow in-person sports betting …

ESPN Bet, a rebranded sports gambling app from Penn Entertainment, is here
1 year, 1 month ago

ESPN Bet, a rebranded sports gambling app from Penn Entertainment, is here

Associated Press  

NEW YORK — ESPN Bet, a sports-gambling service rebranded with the name of the Disney-owned sports channel, launched Tuesday in 17 U.S. states. Penn Entertainment, which owns the service, signed a $1.5 billion deal with ESPN for rights to the sports media giant’s name in August. A Penn spokesperson said the ESPN Bet app was also scheduled to launch Tuesday …

Online bets on NFL games surged in Week 1 as legal sports betting continues to grow
1 year, 3 months ago

Online bets on NFL games surged in Week 1 as legal sports betting continues to grow

Associated Press  

ATLANTIC CITY, N.J. — A company that most of the legal U.S. sports betting industry uses to verify that its customers are where they say they are is reporting a record number of transactions over the first weekend of the NFL season. GeoComply Solutions, the Vancouver, Canada-based tech company, said Wednesday it recorded 242.3 million geolocation transactions from customers of …

Sports Betting And The NFL Are Profitable Partners, But Controversies Continue : Consider This from NPR
1 year, 4 months ago

Sports Betting And The NFL Are Profitable Partners, But Controversies Continue : Consider This from NPR

NPR  

Sports Betting And The NFL Are Profitable Partners, But Controversies Continue Enlarge this image toggle caption iStockphoto.com iStockphoto.com The National Football League's regular season is finally underway. But even if you're just a casual viewer of football, or really any network television program, you've probably seen the star-studded ads for a related business: sports betting. The league's partnership with major …

Disney’s ESPN to enter online sports betting business with ESPN Bet sportsbook
1 year, 5 months ago

Disney’s ESPN to enter online sports betting business with ESPN Bet sportsbook

LA Times  

In 2019, Walt Disney Co. Chief Executive Bob Iger said he did not see his company getting directly involved in the fast-growing online sports betting business, despite clear opportunities for its sports media behemoth ESPN. ESPN and gambling company Penn Entertainment on Tuesday announced an agreement that will put the network’s famous red logo on an online sports betting mobile …

Why sports betting is everywhere.
1 year, 7 months ago

Why sports betting is everywhere.

Slate  

If you watch live sports these days, there is one thing—besides the athletes, the announcers, and the play-by-play—that’s always there: betting. A 2018 Supreme Court decision made sports betting legal, and since then, it’s become seemingly inextricable from every aspect of big-time sports. New Jersey and New York were all considering sports betting, and at this time the sports leagues …

Americans bet $220B on sports in 5 years since legalization
1 year, 8 months ago

Americans bet $220B on sports in 5 years since legalization

Associated Press  

ATLANTIC CITY, N.J. — Americans have bet over $220 billion on sports with legal gambling outlets in the five years since the U.S. Supreme Court cleared the way for all 50 states to offer it, and the industry shows few signs of slowing despite some recent scandals that have put a spotlight on wagering safeguards. When Sunday’s anniversary of the …

Major leagues, broadcasters pledge responsible betting ads
1 year, 8 months ago

Major leagues, broadcasters pledge responsible betting ads

Associated Press  

ATLANTIC CITY, N.J. — Most of the nation’s major professional sports leagues, plus the media companies Fox and NBCUniversal are creating an alliance to ensure that sports betting advertising is done responsibly and does not target minors. “Each member of the coalition feels a responsibility to ensure sports betting advertising is not only targeted to an appropriate audience, but also …

Major leagues, broadcasters pledge responsible betting ads
1 year, 8 months ago

Major leagues, broadcasters pledge responsible betting ads

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. "Each member of the coalition feels a responsibility to …

ESPN and Fox bet on sports wagering. But will they go all in?
3 years, 2 months ago

ESPN and Fox bet on sports wagering. But will they go all in?

LA Times  

Television sports used to acknowledge betting on games with a wink and a nod. “Let’s just say that our fans are really interested in sports betting,” Bob Chapek, chief executive of ESPN parent Walt Disney Co., said last month. ESPN and Caesars Entertainment in August 2020 opened a 6,000-square foot studio facility at the Linq Hotel + Experience in Las …

Half of US offers legal sports betting as NFL season begins
3 years, 4 months ago

Half of US offers legal sports betting as NFL season begins

Associated Press  

EAST RUTHERFORD, N.J. — More than half of the United States now offers legal sports betting, just three years after it was allowed by the U.S. Supreme Court. That’s up from 18 states with legal sports betting at the start of last year’s football season. “A lot of people still don’t want to travel and be in crowds, and sports …

Connecticut panel OKs sports betting, online gambling rules
3 years, 4 months ago

Connecticut panel OKs sports betting, online gambling rules

Associated Press  

With the NFL regular season kicking off Sept. 9, the state of Connecticut took a major step closer on Tuesday toward legalized sports wagering, online gambling and other new forms of betting after a legislative committee approved emergency regulations for the new gambling market. “We expect action from the federal Department of Interior within the next two weeks on the …

Legalized betting could change how we watch sports
5 years, 9 months ago

Legalized betting could change how we watch sports

Salon  

As part of an ongoing investigation into video gambling and its impact in Illinois, ProPublica Illinois is keeping an eye on broader gambling issues in the state and around the country. During an interview with WBEZ, the chief architect of the state’s sports gambling package shared some early makings of a bill, which could include a “lottery-based” ticket approach, mobile …

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