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Column: This hilarious lawsuit by the NFL Players Assn. against DraftKings shows the dark underside of sports betting
3 months, 1 week ago

Column: This hilarious lawsuit by the NFL Players Assn. against DraftKings shows the dark underside of sports betting

LA Times  

DraftKings and other online sports gambling companies ply players with easy smartphone apps to place their bets. DraftKings, the NFLPA asserts in the lawsuit filed a couple of weeks ago in New York federal court, collects billions of dollars in revenue “based on a simple premise: if a DraftKings customer places a losing bet, that customer must still pay up.” …

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DraftKings apologizes for sports betting offer referencing 9/11 terror attacks
1 year, 3 months ago

DraftKings apologizes for sports betting offer referencing 9/11 terror attacks

Associated Press  

ATLANTIC CITY, N.J. — Sports betting company DraftKings apologized Monday after using the Sept. 11, 2001, terror attacks to entice people to bet on baseball and football games on the anniversary of the tragedy that killed nearly 3,000 people. The Boston-based company offered users a 9/11-themed promotion that required three New York-based teams — the Yankees, Mets and Jets — …

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Americans bet $220B on sports in 5 years since legalization
1 year, 7 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 …

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Wins — and losses — can pile up with sped-up sports betting
2 years, 3 months ago

Wins — and losses — can pile up with sped-up sports betting

Associated Press  

ATLANTIC CITY, N.J. — With legal sports betting in its fifth year in much of the U.S., things are getting much more intense, with increasing ways to bet and more opportunities to rapidly win — and lose — money. When the defending Super Bowl champion Los Angeles Rams kick off the NFL season Thursday night against the Buffalo Bills, 31 …

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Online betting companies are kicking off a Super Bowl ad blitz
2 years, 10 months ago

Online betting companies are kicking off a Super Bowl ad blitz

NPR  

Online betting companies are kicking off a Super Bowl ad blitz Enlarge this image toggle caption Matt Rourke/AP Matt Rourke/AP It's not just the office pool anymore. Sponsor Message "TV sportsbook advertising has grown exponentially this year and in the last couple of years overall," Adam Candee, managing editor of the trade publication Legal Sports Report, told NPR. On Thursday, …

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