SportsHandle: the week that was in US sports betting

SportsHandle
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SportsHandle and friends deliver another round-up of the week’s big developments in US sports betting.

Is Latest Florida Decision Really A Tribal Gaming Game Changer?

After Indian Country applauded a federal appellate court for overturning a lower-court decision that called the compact between the Seminole Tribe and the state of Florida illegal, it’s now time to consider exactly what that decision means and how it could affect tribes across the country.

There is no clear answer, according to stakeholders and lawyers experienced in tribal law. On the one hand, one attorney referred to it as a “tremendous decision” with many positive outcomes for the Seminoles and the state of Florida, but another wrote that “it won’t change a thing in California or most other states, except to add an extra element of confusion.”

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New York Crosses $25 Billion In All-Time Sports Wagering Handle

The state of New York has crossed $25 billion in all-time sports wagering handle with the New York State Gaming Commission‘s reporting of $1.17 billion worth of wagers for the month of June.

The Empire State joined neighboring New Jersey and Nevada in that rarified handle air, with the overwhelming majority of its $25.8 billion handle coming in the last 18 months, following the launch of mobile wagering in January 2022. New York has cleared $1 billion handle in 16 of 18 months in its mobile era, highlighted by an all-time post-PASPA high for any state of close to $1.8 billion in January.

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Study Shows Significant Surge In Betting Among Women, On Women’s Sports

With soccer’s Women’s World Cup poised to be perhaps the most-watched women’s sporting event of all time once it kicks off next week, a group of European sports betting leaders has released a global study titled “Breaking Barriers: Assessing Women’s Sports, Betting, and Integrity Challenges.”

The study, conducted by the German Sports University Cologne and unveiled at the iGaming Business Live! confab in Amsterdam on Wednesday, looked at the size and characteristics of the women’s sports betting market by focusing on five sports: soccer, tennis, basketball, cricket, and volleyball. 

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Emergency Kentucky Sports Betting Regulations Prohibit ‘Misleading Advertising’

The Kentucky Horse Racing Commission and Gov. Andy Beshear announced an aggressive legalization-to-launch timeline Monday, as sportsbooks will go live in Kentucky in September. The two-phase launch — retail is scheduled for Sept. 7, with a mobile sports betting go-live date of Sept. 28 — comes after Gov. Beshear signed HB 551 into law on March 31.

The KHRC and Beshear also approved emergency and ordinary sports betting regulations Monday, and those rules were published shortly after the meeting. The regulations were filed with the Kentucky Legislative Research Commission Monday, making them effective immediately. 

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Maine Gambling Control Chief Back At Work After Unpaid Suspension

Maine Gambling Control Unit chief Milt Champion is back at work this week after serving a weeklong suspension without pay for sending inappropriate tweets from his personal account. Champion was initially placed on administrative leave May 17, before the Public Safety Commission completed an investigation and suspended Champion without pay for five days.

Champion was the second gaming chief in the U.S. this year to be accused of improper conduct. The other, former Ohio Lottery Director Pat McDonald, is no longer with that agency.

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Should Esports Stakeholders Stake Their Betting Future On Staking?

An air of frustration hung over an esports betting panel at the SBC Summit North America in New Jersey back in May. Esports wagering through sportsbooks was supposed to have exploded by now, or so everyone thought. Instead, only a handful of states had either legalized esports betting or specifically approved wagering on the events, which involve video games.

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