Jeffrey S. Moorad Sports Law Journal’s Post

🚨 🏈 #NEW: On March 11, 2024, #NorthCarolina became the 30th state to legalize mobile #SportsBetting. What does the new law allow, and which other states may soon follow in #NC's steps to legalize sports betting? Learn more in our latest article: ⤵️

Explore the Legal Landscape of Sports Betting with the latest insights from Forbes' comprehensive guide on states where sports betting is legal. For regulatory professionals, this offers essential insights into the sports betting landscape, helping you stay updated and informed https://lnkd.in/gj6N4i62 #SportsBetting #LegalBetting #ForbesInsights #PoweringGovernments

❌ Despite the growing availability of legal sports betting in the United States, a significant portion of NCAA March Madness betting continues to be handled by unregulated and illegal sportsbooks. A recent study conducted by the Campaign for Fairer Gambling (CFG) and data analytics firm YieldSec revealed that illegal online sports betting platforms captured over 61% of the total betting handle on the 2024 men’s and women’s NCAA tournaments.

🎉 The Georgia Senate has introduced Senate Bill 386 to regulate online sports betting in the state!🏈🏀⚾ But there's a twist⁉- find out more about the journey to regulated sports betting in Georgia in our latest article!👇 https://lnkd.in/dqTYV2GE #georgia #sportsbetting #gamingindustry

States Score Big: PASPA Overturned, Sports Betting Legalized On May 14, 2018, the U.S. Supreme Court overturned the Professional and Amateur Sports Protection Act of 1992 (PASPA), which had limited legal sports betting to primarily Nevada. This landmark decision allowed states to legalize and regulate sports betting. As of 2024, 38 states and Washington, D.C. have some form of legalized sports betting, marking a significant shift in the U.S. gambling landscape. The legalization of online casino and poker, however, remains limited to only a few states. This decision has been celebrated by many in the sports betting industry, while others have noted the challenges and changes it has brought to the sports betting landscape in the United States. casinobillionaire Best sports betting sites - reviews  #gamblingnews  #gamblingindustry  #sportsbetting

Florida Supreme Court Clears Path for Sports Betting. A recent decision by the Florida Supreme Court has solidified the future of sports betting in the Sunshine State. The court dismissed the latest challenge against the Seminole Tribe's compact, marking a significant moment for Florida's betting landscape. The ruling emphasized the distinct difference between casino gambling and sports betting, reinforcing the Seminole Tribe's position and the state's compact. This decision not only paves the way for sports enthusiasts but also forecasts a promising boost in revenue for Florida, with projections hinting at nearly $750 million for the 2024-25 fiscal year. Read more on our article: https://lnkd.in/eKH5zP4G #SportsBetting #FloridaSupremeCourt #SeminoleTribe #FloridaNews #BettingNews #LegalBetting #StateRevenue #GambleResponsibly

Last blog of the year for me! It will be interesting to follow how gaming continues to develop in the online context.

Yield Sec reveals a doubling in #illegal gambling operators targeting vulnerable UK players in 2023, underscoring a shift towards the black market, and highlighting the critical need for regulatory intervention to protect players, the community and economy. Read more below on how the UK sports betting industry's recovery is possible with decisive action. #SportsBetting #GamblingRegulation #UKGambling #ResponsibleGambling #IllegalGambling #BettingIndustryRecovery #BlackMarket #VulnerablePlayers

The recommendations from the Culture, Media, and Sport (CMS) Committee to reduce visible gambling promotion and increase safer gambling promotion highlight a growing concern about the impact of gambling advertising, especially on vulnerable groups like children. Reducing visible gambling promotion could be an effective measure to minimize children's exposure to gambling. Children and young adults are particularly susceptible to the influences of advertising. By limiting their exposure to gambling ads, it could potentially reduce the likelihood of early gambling initiation and the development of problematic gambling behaviors later in life. However, the effectiveness of this approach depends on the implementation details. For instance, how will "visible gambling promotion" be defined and regulated? Will these restrictions apply equally across all media, including online and social media platforms where a significant portion of the youth spend their time? These are critical considerations for the success of such a policy. The push for dedicating more space to safer gambling promotion is a proactive approach that could educate the public about the risks associated with gambling. This could include information about recognizing signs of gambling addiction and where to seek help. However, there's a risk that such messages might be overshadowed by more appealing commercial gambling advertisements, unless they're given equal prominence and creativity in presentation. Critically, while these recommendations are a positive step toward responsible gambling, it's important to balance them with the rights of legal gambling businesses to advertise their services. A nuanced approach is necessary to ensure that these regulations are effective in protecting vulnerable populations without unfairly restricting the advertising rights of legal gambling entities. Furthermore, ongoing monitoring and research are essential to assess the impact of these changes and adjust strategies as needed.#betconsultantcy

Quick heads-up for those following sports betting in NC: The Jan 8 launch is postponed as the Lottery Commission irons out licensing and regulations. Stay tuned for more updates. #NorthCarolina #SportsBetting #SportsBettingNC