Tribes Pleased With Congressional Sports Betting Bill Draft, But Philosophical Split Remains – Legal Sports Report

Tribes Pleased With Congressional Sports Betting Bill Draft, But Philosophical Split Remains – Legal Sports Report

Draft federal legislation to repeal a national sports betting prohibition and regulate the activity goes a long way toward resolving concerns by American Indian casino tribes, sources told Legal Sports Report. The bill draft being circulated by Rep. Frank Pallone (D-NJ) places federally recognized tribes within the definition of “states” in establishing regulatory jurisdiction for […]

Sports Betting Outside Of Nevada? PropSwap Will Soon Sell Existing Tickets In Four New States – Legal Sports Report

Sports Betting Outside Of Nevada? PropSwap Will Soon Sell Existing Tickets In Four New States – Legal Sports Report

PropSwap, an online exchange service for sports betting slips, is spreading its wings beyond its Nevada nest and expanding into four new states. PropSwap, you say? Launched in 2015, PropSwap is a marketplace for live, active betting tickets. Bettors who are stuck with unfavorable tickets can hedge their bets by selling the slips on PropSwap’s exchange. Buyers […]

Former Baseball Commish Says Sports Betting Is Reason For … – CardPlayer.com

Former Baseball Commish Says Sports Betting Is Reason For … – CardPlayer.com

While it’s not yet clear what a widely regulated U.S. sports betting market would look like, the professional sports leagues have been preparing themselves for a transition. According to a former commissioner of Major League Baseball, the value of sports franchises has ballooned in recent years thanks to federally approved sports betting approaching on the […]

Implementation Of Sports Betting Would Be 'Tricky' In Indian Country, If Federal Ban Lifted – Legal Sports Report

Implementation Of Sports Betting Would Be 'Tricky' In Indian Country, If Federal Ban Lifted – Legal Sports Report

The Mohegan and Mashantucket Pequot tribes, who share Connecticut’s American Indian casino market, operating gambling resorts in Uncasville and Mashantucket, anxiously anticipate adding legalized sports betting to their host of wagering options. But the tribes say they are not yet certain they would be operating sports betting as a tribal government enterprise under the Indian […]

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