The Weekender: Gambling Jokes, Tighter Rules, and Legalization Battles
Year-old ESPN comment resurfaces, SAFE Bet Act pushes tighter rules, California’s tribal progress, Hawaii eyes legalization, and two feature columns.
The Bulletin Board
ABOVE the FOLD: The week’s top stories from Straight to the Point.
NEWSLETTER ROUNDUP: The best of the best from industry newsletters.
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Above the Fold: The Week’s Top Stories on STTP
[MONDAY]: A year-old comment from ESPN's Rece Davis highlights tensions over gambling remarks, but is it a serious threat or unnecessary drama over a harmless joke?
[TUESDAY]: SAFE Bet Act inspires state lawmakers in New York, Illinois, and Massachusetts to tighten sports betting rules around deposit/wager limits, ad restrictions, and more.
[WEDNESDAY]: California's sports betting puzzle has stumped all comers, but progress with tribes offers hope. The final solution will come when all sides commit to align the pieces.
[THURSDAY]: Nebraska's sports betting bill ran into a roadblock, leaving Hawaii as the sole remaining [good] candidate to legalize sports betting this year.
FRIDAY [DOUBLE] FEATURE:
There is a simple way to deal with gray and black market products: legalization and regulation that offer a legal product that outcompetes them.
Get caught up on Kalshi’s prediction market saga: CFTC cancels roundtable, lawsuits mount in MD, NJ, NV. Uncertainty spikes as states clash over sports betting rules.
[PODCAST]: Sporttrade CEO Alex Kane discusses expansion, regulatory challenges, and the rise of prediction markets in a rapidly evolving sports betting landscape.
Episode 49: Breaking Down Sports Betting's Regulatory Barriers with Alex Kane
"The entrepreneurial spirit here in the US is so strong that it’s not going to sit on the wayside and not participate in this great market that is gaming." ~ Alex Kane