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Currently viewing the tag: "gambling"
On January 31, 2018 By aeeva January 31, 2018
A constitutional question is currently sitting in the Supreme Court: to what extent can Congress control state legislation? Can they control state legislation when a state lets its residents bet on sports?
In 1992, Congress passed the Professional and Amateur Sports Protection Act (PAPSA). PAPSA prohibits state-sanctioned sports betting, except in Nevada, Oregon, Montana, [...]Continue Reading →
In July, I commented on DraftKings: their nearly billion dollar valuation and the business’s legality under federal law. Since then, DraftKings, and it’s rival twin FanDuel, have continued to be greatly successful. With the start of the 2015 NFL season, sports fans are increasingly using their sites and profits are likely high.
In [...]Continue Reading →
On October 1, 2015 By William Roberts September 27, 2015
If you are a casual sports fan and watch TV then more likely than not you have been bombarded by daily fantasy sport commercials. Fanduel and DraftKings, the two leading daily fantasy websites, have employed an impressive marketing push. This push is demonstrated in the seemingly endless non-stop overload of commercials advertising the fact that [...]Continue Reading →
On July 22, 2015 By Joshua Sureck July 21, 2015
Recently I’ve been seeing the company Draft Kings adverting all over the place. Draft Kings is a fantasy sports website which lets users bet real money on fantasy teams. A recent television ad features young and exuberant Draft King users winning one million dollars. The ad was complete with a larger than life check [...]Continue Reading →
While professional sports leagues have tried their best to pretend that gambling does not exist, the fact of the matter is that illegal gambling is everywhere. Professional sports betting is a major business, estimated to be a $3.8 billion industry; however, only about $100 million will be bet legally. This large boom in sports gambling [...]Continue Reading →
On July 21, 2010, Committee Hearings were held regarding H.R. 2267, the Internet Gambling Regulation, Consumer Protection, and Enforcement Act. A bill markup was scheduled for July 27, 2010 in the House Financial Services Committee. The Act would establish an Internet Licensing Program to facilitate the legalization and regulation of [...]Continue Reading →
Michigan woman faces murder charges from a Facebook feud that ended in tragedy.
House Financial Services Chairman Barney Frank’s drive to establish a licensing and regulation system for Internet gambling still faces resistance.
70,000 blogs unexpectedly shut down by unidentified law enforcement agency.
In the news . . .
Too much sex in television ads recently?
Critics slam Saturday Night Live for being insensitive toward domestic violence after Tiger Woods skit.
Actress looks for lifesaver after $1.7 million tax lien.
Fearful [...]Continue Reading →
Many people remember when the Tim Donaghy scandal broke during the summer of 2007, when the then-NBA referee resigned amidst allegations that he made calls either affecting the outcome of games or at least helping cover the spread both during the regular season and playoffs. After pleading guilty on federal charges, Continue Reading →
In the news . . .
Ukrainian law prohibiting unmarried couples from adopting children bars Elton John and longtime partner David Furnish from adopting 14-month-old, HIV-stricken child.
PCs and iPhones with text-to-speech applications for speech-impaired denied coverage by Medicare and private health insurers due to other non-medical uses.Continue Reading →
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