By Marc Lawrence — ESPN’s David Purdum reports that two years after a landmark decision by the United States Supreme Court, the growth of the new legal sports betting market has exceeded many stakeholders’ expectations and dramatically altered the relationship between sports leagues and the gambling industry. According to Purdum, more than $20 billion has been bet with U.S. sportsbooks since the Supreme Court struck down the Professional and Amateur Sports Protection Act of 1992 on May 14, 2018. Eighteen states – representing just over 30% of the U.S. population – now have regulated sports betting markets, with several more on deck. Twelve states have approved full-scale online sports betting, including in Tennessee and Virginia, which will offer online wagering only. Of the $4.6 billion bet with New Jersey sportsbooks in 2019, approximately 84% of it was placed online. For more on this rapidly growing industry click here.
Trending Today
Star Oklahoma State RB Chubba Hubbard says he won’t be doing anything for OSU after head coach Mike Gundy was photographed wearing an OAN T-shirt. OAN stands for One America News, a far right news network that is known to support conspiracy theories and is often cited by Donald Trump. “I will not stand for this,” Hubbard posted on the day in which Cowboys players were scheduled to begin voluntary workouts on campus. “This is completely insensitive to everything going on in society, and it’s unacceptable.” Safe to say there’s a storm brewing in Oklahoma.
Grinding Out The Profits
2020 PLAYBOOK Football Preview Guide magazine reports: Connecticut will play this season without conference affiliation, as an Independent, for the first time since 2003. Seniors started only 11.4% of their games last season, the third-lowest percentage in the nation. That’s promising news for a unit that returns nine starters from the stop-unit. Especially for a team that will be taking on only four teams that owned a winning record last season. A 3-30 record against FBS foes in head coach Randy Edsall’s recent return to Connecticut continues to paint a gloomy picture, though.
