Analysis of U.S. Sports Betting Numbers in September

2022 ◽  
Author(s):  
Chris Altruda
Keyword(s):  
Author(s):  
Daniel L. Wallach

Recent state legislation regulating fantasy sports contests may present a different type of threat to the nascent fantasy sports industry—the possibility that the U.S. Attorney General (or others) could invoke PASPA to enjoin the state law. This is the same law that prohibits states from legalizing traditional, single-game sports betting. Although PASPA has not yet surfaced as an obstacle to state legalization of DFS, it may emerge as an important issue as additional state legislative measures are introduced, particularly with a new U.S. Attorney General potentially taking a harder look at Internet gambling generally. Further, as more and more states begin passing laws legalizing daily fantasy sports contests, many have begun to question why some forms of sports gambling are allowed but not others. This chapter examines how PASPA could apply to state-sanctioned fantasy sports and provides an analytical framework for assessing the viability of such legislation under PASPA.


2019 ◽  
Vol 35 (4) ◽  
pp. 1211-1228 ◽  
Author(s):  
Alex M. T. Russell ◽  
Nerilee Hing ◽  
Matthew Browne

2021 ◽  
pp. 152700252110369
Author(s):  
Ege Can ◽  
Mark W. Nichols

In May 2018, the Supreme Court overturned the Professional and Amateur Sports Protection Act, thereby allowing all states to offer sports betting. Prior to this, Nevada was the only state with unrestricted sports betting. Using sports betting data from Nevada, we estimate long-run and short-run income elasticities to determine the growth and volatility of sports betting as a tax base. Sports gambling grows at a similar rate as state income and is stable and insensitive to short-run shocks to income. However, the amount of money kept by casinos, and hence the state, is small compared to other traditional tax bases.


2021 ◽  
Vol 25 (7) ◽  
pp. 299-302
Author(s):  
Chris Altruda
Keyword(s):  

2021 ◽  
Vol 66 (05) ◽  
pp. 109-113
Author(s):  
Hilal Mehti oğlu Abbasov ◽  

Athletes are not roulette chips, but sports gambling treats them as such. If the dangers of state sponsored sports betting are not confronted, the character of sports and youngsters’ view of them could be seriously threatened… just as legalizing drugs would lead to increased drug addiction, legalizing sports gambling would aggravate the problems associated with gambling. As a society, we cannot afford this result, and… legalizing sports gambling would encourage young people to participate in sports to win money. They would no longer love the game for the purity of the experience. Key words: major manipulations, harmful aspects, existing problems, legalizing sports gambling, ethics of sports


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