Latest Gambling laws and regulations News

AP-NORC Poll: US divided on college vs pro sports betting

Mar. 20, 2019 1:28 PM EDT

ATLANTIC CITY, N.J. (AP) — Scrambling to fill out a March Madness bracket? Betting lunch money that you can pinpoint the Final Four better than co-workers or family? Good luck! You're among about one-third of Americans who at least occasionally bet on sports among friends or through an office pool,...

NCAA can't keep tournament games away from legal gambling

Mar. 19, 2019 2:17 PM EDT

WASHINGTON (AP) — As the NCAA prepares for its first basketball championships since the Supreme Court allowed legal sports betting to expand, the body governing college sports remains opposed to gambling on its events. But it's not denying reality, either. The NCAA had a longtime ban on bringing...

Some lawmakers worry about allowing sports bets on phones

Mar. 17, 2019 9:17 AM EDT

PROVIDENCE, R.I. (AP) — For states looking to profit off the new world of legal sports betting, there's an app for that. The question for state lawmakers: Should they allow it? As state legislatures across the U.S. decide whether to authorize sports gambling, lawmakers are debating whether the bets...

Nearly $2 billion in New Jersey sport bets in 9 months

Mar. 13, 2019 4:02 PM EDT

ATLANTIC CITY, N.J. (AP) — Nearly $2 billion has been wagered on sporting events in New Jersey in the nine months since such betting became legal last year. New Jersey gamblers plunked down more than $320 million on sporting events in February, led by action on the day of the Feb. 3 Super Bowl and the two...

Man who gambled in New Jersey from California forfeits $90K

Mar. 6, 2019 5:20 PM EST

ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators have ordered a California man to hand over more than $90,000 from online accounts he had funded and gambled with from outside the state in what appears to be the largest such case in the more than five years internet betting has been legal in New...

Gamblers like their odds at MIT sports analytics conference

Mar. 2, 2019 5:44 PM EST

BOSTON (AP) — In the early years of the MIT Sloan Sports Analytics Conference, a couple hundred math whizzes gathered on the school's campus hoping for a breakthrough that would make them the next Bill James. As the event and the field grew, they aspired to professional front office jobs, like Theo Epstein...

Legalized sports betting unlikely in 3 largest US states

Mar. 2, 2019 4:43 PM EST

Over the past decade, teams from California, Florida or Texas have competed in more than half the championship series in the four major professional sports — including every NBA final. That may be no surprise, considering the three states account for 27 percent of all franchises in those leagues. The sheer...

New York legislation could allow sports betting at stadiums

Mar. 1, 2019 9:22 PM EST

NEW YORK (AP) — A sponsor of sports betting legislation in New York said the bill likely would allow for in-person wagering at places like Yankee Stadium and Madison Square Garden Assemblyman Gary Pretlow said Friday the legislation he announced this week is being tweaked and will have that provision...

MLB makes last-minute push to ban bets on spring training

Feb. 26, 2019 5:59 PM EST

LAS VEGAS (AP) — A request from Major League Baseball to gambling regulators to ban betting on spring training games was quickly rejected in Nevada and is under consideration in at least three other states that recently legalized sports betting. The league asked for the ban on Wednesday last week —...

State lawmakers place their bets on sports gambling

Feb. 21, 2019 1:50 PM EST

Kentucky's public employee pension system, $39 billion in the red, is among the worst-funded retirement plans in the country and has vexed lawmakers for years as they sought a solution. Now some lawmakers think they've found at least a partial fix: sports gambling. Several bills introduced this year would...