Weekender: Gambling's Regulatory Reckoning
States push to ban sweepstakes, online casinos deal with cannibalization and addiction fears, and legal sports betting faces new and old competition.
The Bulletin Board
ABOVE the FOLD: This week’s top stories in the Straight to the Point newsletter
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This Week’s Top Stories on STTP
MONDAY: Multiple states intensify efforts to ban sweepstakes gaming, with new bills targeting online operators, suppliers, illegal profits, and regulatory gaps.
TUESDAY: Online casino legalization is facing widespread blowback. In states like Illinois, the opposition has many faces, citing fears of addiction and economic risks.
WEDNESDAY: Kalshi and Robinhood have planted their flag in sports betting, but is their foray into sports a full incursion or a border skirmish, and will it be temporary or permanent?
THURSDAY: Black market gambling sites are widespread and firmly rooted, meeting specific demands that regulated markets struggle to address.
FRIDAY FEATURE: Consumer protections in sports betting suffer from weak rules, misfires, PR stunts, and blind spots and are more about optics than stopping harm.
PODCAST: ESPN’s David Purdum joins the podcast to discuss sports betting’s rise, scandals, and the backlash that could lead to federal restrictions on ads and prop bets.
This Week in Gambling Newsletters
Reads of the Week
Surveying the Survey: Las Vegas visitors 2024 ~ Ken Adams, CDC Gaming Reports
How the Sports Betting Industry Took Over March Madness ~ Jonathan Cohen, Time Magazine
March Madness is expected to generate $3.1 billion in bets. This expert urges caution ~ NPR Interview with Jonathan Cohen
Gaming Under Siege – Gaming 2.0 ~ Gene Johnson, Global Gaming Business
Copy, Paste, Legislate: How The SAFE Bet Act Is Infiltrating State Law ~ Jeff Edelstein
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