In this episode of the LSR podcast, hosts Matt Brown and Sam McQuillan breakdown the news that FanDuel plans to launch a prediction market platform later this year, and discuss how it compares to what Kalshi and Robinhood are offering, as well as what to expect this football season from US sportsbooks.
In this episode of the LSR Podcast, hosts Matt Brown and Sam McQuillan break down the latest headlines in the sports betting industry, starting with Denver Nuggets forward Michael Porter Jr.’s surprising comments on how easy it could be to manipulate player prop bets. They also dig into new survey data on offshore betting, why investors cooled on DraftKings and FanDuel despite record quarters, and how Missouri is selecting sports betting operators. 00:47 Michael Porter Jr. on Prop Bets 07:21 Sta...
In this episode of the LSR podcast, hosts Matt and Sam discuss Penn’s latest attempt to lean into ESPN’s fantasy database, the Governor of Ohio pushing to ban all player prop bets, the first city that wants to copy Illinois’ handle tax, injury refund policies, and a big win for DraftKings in federal court.
In this episode of the LSR podcast, hosts Matt, Pat, and Sam discuss the latest developments in the sports betting industry, including legislative updates from various states. The guys cover the California AG saying a crackdown on DFS operators is coming, the latest updates with the sweepstakes market in CA, tribes in CA trying to stop prediction markets in the state, and Polymarket's potential entry point back into the US.
In this episode of the LSR podcast, hosts Matt, Pat, and Sam discuss the latest developments in the sports betting industry, including legislative updates from various states, the implications of the CFTC's regulatory stance on prediction markets, and Arizona's actions against unregulated sportsbooks. They also explore the financial impact of March Madness on sportsbooks and the evolving relationship between the NCAA and betting companies, highlighting the significance of upcoming betting events...
In this episode of the LSR podcast, hosts Matt Brown, Pat Evans, and Sam McQuillan discuss various topics in the gaming industry, including a controversial incident involving PropSwap, tax hikes in states like Ohio and North Carolina, new features from ESPN Bet, and legislative updates from Hawaii and Nebraska. They also delve into the evolving landscape of prediction markets, particularly focusing on Kalshi and its implications for the future of sports betting. Chapters 00:00 Sports Betting New...
In this episode of the LSR podcast, hosts Matt Brown, Pat Evans, and Matthew Waters discuss the latest developments in the gaming industry, including market reactions to tariff news, the resilience of gaming stocks, legal issues surrounding sports betting, and the impact of chalky trends in sports betting. They also provide updates on gambling legislation across various states and explore the rise of prediction markets in the industry. 00:00 Sports Betting News Today 00:45 Market Reactions to Ta...
In this episode of the LSR podcast, hosts Matt Brown, Pat Evans, and Sam McQuillan discuss the latest developments in the gaming industry, including regulatory challenges faced by Robinhood, a state roundup of sports betting legislation in Alaska, Alabama, Oklahoma, and Mississippi, the impressive growth of Underdog, compliance issues at Resorts World, and the alarming rise of online gambling scams. The conversation highlights the evolving landscape of sports betting and the importance of regula...
In this episode of the LSR podcast, hosts Matt Brown, Pat Evans, and Sam McQuillan discuss the latest developments in the sports betting industry, particularly in light of March Madness. They explore the partnership between Robinhood and Kalshi, the complexities surrounding collegiate sports betting, and the ongoing legal challenges faced by sweepstakes operators. The conversation also touches on the struggles of Penn and ESPN's partnership, as well as a state-by-state roundup of sports betting ...
In this episode of the LSR podcast, hosts Matt Brown, Sam McQuillan, and Matthew Waters discuss the current state of sports betting in the U.S., focusing on Georgia's legislative challenges, the role of Genius Sports in betting technology, the emergence of prediction markets, and the implications of the Safe Betting Act. They also provide a roundup of sports betting developments in Texas, Mississippi, Nebraska, and Rhode Island, highlighting the ongoing regulatory uncertainties and the industry'...
In this episode of the Legal Sports Report podcast, Matt, Pat, and Sam discuss the latest developments in the sports betting industry, including Nevada's gaming regulations, the challenges faced by Penn in their partnership with ESPNBet, and the dynamics of the sports betting market. They also provide a roundup of state-specific news from Oklahoma, Hawaii, and Georgia, highlighting the evolving landscape of legal sports betting across the United States. The discussion also covers FanDuel's marke...
In this episode of the LSR podcast, hosts Matt, Pat, and Sam discuss the current state of sports betting legislation in Texas, the recent betting scandal involving Fresno State basketball players, and the ongoing debate surrounding the federal excise tax on sports betting. 00:00 Sports Betting News Today 00:44 Texas Sports Betting Landscape 08:34 Fresno State Betting Scandal 16:42 Federal Excise Tax on Sports Betting 19:19 Girl Scout Cookie Showdown 22:52 State Roundup: Sports Betting Updates 27...
In this episode, Matt Brown, Pat Evans, and Sam McQuillan discuss the aftermath of the Super Bowl, focusing on the performance of sportsbooks and the implications for the gambling industry. They explore the profitability of the Super Bowl for sportsbooks, the future of online casinos, and the current trends in DraftKings stock. The conversation highlights the growth opportunities in the gambling sector, the challenges faced by online casinos, and the evolving landscape of sports betting. In this...
In this episode of the LSR podcast, hosts Matt Brown and Pat Evans are joined by Eric Ramsey to discuss the latest developments in the sports betting industry. They cover significant updates from Texas regarding sports betting legalization, the state of Minnesota's legislative efforts, and the recent progress in Hawaii. The conversation also touches on mobile sports betting in Mississippi, Robinhood's foray into sports betting, and Florida's regulatory actions against offshore sportsbooks. Final...
In this episode, we discuss the evolving landscape of gambling in the U.S., focusing on Texas as a major opportunity for expansion. Hosts Matt, Pat and Sam explore updates from Alabama, Hawaii, and Minnesota regarding their gambling legislation. The conversation also highlights emerging players in the sports betting market, such as Crypto.com and Kalshi, and addresses the importance of integrity monitoring in sports betting, particularly in light of recent suspicious betting activity in college ...
In this episode of the LSR podcast, hosts Matt and Pat discuss the latest developments in sports betting legislation across various states, including Maryland's proposed tax increase, Indiana's potential online casino legalization, and the impact of neighboring states on consumer behavior. They also delve into the ongoing legislative efforts in Texas and the influence of powerful stakeholders in the gambling industry. 00:00 Sports Betting News Today 00:45 Maryland's Sports Betting Tax Increase 0...
In this episode of the LSR podcast, hosts Matt, Pat, and Sam discuss the latest developments in the sports betting and online casino landscape as they enter 2025. They explore DraftKings' new subscription service, legislative updates on online casino bills in various states, and the challenges faced in legalizing sports betting. The conversation also highlights the potential of Texas as a major market for sports betting and reviews the betting trends and revenue growth observed in 2024. 00:00 Sp...
In this episode of the LSR podcast, hosts Matt Brown, Matthew Waters, and Pat Evans discuss the latest developments in the sports betting industry, including insights from a recent Senate hearing, the potential for online casinos in Louisiana, and the impact of the Choctaw nation in Texas. They also share bold predictions for 2025, highlighting the evolving landscape of sports betting and the importance of understanding consumer preferences. 00:00 Sports Betting News Today 01:11 Senate Sports Be...
In this episode of the LSR podcast, Matt Brown, Pat Evans, and Sam McQuillan discuss the current state of the sports betting industry, focusing on the evolution of Underdog Fantasy, regulatory challenges faced by operators, and the implications of recent claims against DraftKings and FanDuel. They also explore the competitive landscape, identifying potential challengers to the top two operators and discussing the role of new entrants like Fanatics and ESPN Bet in shaping the future of sports bet...
In this episode of the LSR podcast, hosts Matt, Pat, and Sam pay tribute to Adam Candy, discuss the current dynamics of the sports betting market, and explore the legal challenges facing sweepstakes gambling. They provide updates on state legislation in Texas, Georgia, and Minnesota, and delve into insights from a recent Morgan Stanley survey on sports betting preferences. 00:00 Sports Betting News Today 02:07 Market Dynamics in Sports Betting 06:09 Legal Challenges in Sweepstakes Gambling 09:33...
We are nearing the 10-year anniversary of NBA Commissioner Adam Silver writing a New York Times op-ed advocating for legal sports betting in the United States. Plus, the latest nuggets from campaign finance reports in the Missouri sports betting ballot battle (13:12) and why a new deal between Hard Rock Bet and Kambi bucks a recent industry trend (17:44).
Matt and Adam meet up for the annual gaming convention in Las Vegas and report back with their notes on the hottest discussion topics: will more sports betting brands ever launch in Florida (5:16), what's the next big thing for sportsbooks after same-game parlays (8:16), the issue that popped up the most at the show (19:39), and an update on the timeline for sports betting in California (23:40).
Legal happenings from around the US and UK lead the news around the sports betting landscape this week, including a disgraced former NFL employee suing FanDuel (00:46), the ongoing battle over the 2018 FanDuel sale (6:58), DraftKings winning a round against its former head of VIP (13:54), and a settlement between the SEC and DraftKings (18:26).
Last week's meeting of the Massachusetts Gaming Commission featured legal sports betting operators explaining what behaviors by bettors get their attention for potential limiting and banning. Plus, how a Michigan man made $2 million in fake deposits into an app (16:50) and early thoughts on how the NFL is handling sports betting advertising and integration in 2024 (20:00).
Lachlan Murdoch spoke this week about whether or not his company will exercise its option to purchase nearly a 20% stake in FanDuel before the opportunity expires. Plus, another opposition group appears to work against the Missouri online sports betting initiative (5:39), the industry pushes back against the latest version of a federal sports betting bill (10:04), and house rules remain important to read (19:05).
As Week 1 of the 2024 NFL season arrives, the crew discusses how many ads we'll see during the games, whether sportsbooks will send promos to retain existing customers while trying to recruit new ones, and which sports betting operators face the most important tests as the biggest time of the year arrives for their bottom lines.
A mysterious lawsuit challenging the online Missouri sports betting ballot measure appears, but no one is certain who is behind it. Plus, DraftKings goes shopping (7:21), an NFLPA lawsuit against the crown is even bigger than expected (13:58), a suit over alleged deceptive sportsbook marketing moves forward (17:53), and another illegal bookie meets justice (22:28).
Sealed court documents show that the NFL Players Association is suing DraftKings for a potential breach of contract, but which one? Plus, sportsbooks put millions more dollars into the effort to legalize sports betting in Missouri (6:18), Nebraska's chance at passing a bill in 2024 dies (9:10), the AGA wants regulators to look into sweeps (11:23), and Massachusetts gets serious about talking limits (15:58).
The plan for a DraftKings surcharge on winning bettors in high-tax states lasted just 13 days, as the company abandoned the idea shortly after FanDuel declined to match it. Plus, Missouri will vote on legalizing sports betting this fall (16:04), Nebraska might do the same (18:08), and Intralot might be in legal trouble in Washington DC (23:49).
Everything You Need To Know About DraftKings Surcharge (01:08), Legal Sports Report revenue analyst Eric Ramsey joins the pod crew to break down his analysis of how much money DraftKings could make by implementing a surcharge on winning bettors in higher-tax states. Also, a debate on whether legislators are to blame for high tax rates and whether FanDuel will follow the footsteps of DraftKings with its own fee (19:16).
