March 14, 2017 By Luke Kerr-Dineen The subject of sports betting in the U.S. is a rather strange phenomenon. Because of an outdated rule based on a premise that people are less and less concerned by, the country is stuck in this strange, hypocritical middle ground: Sports betting is illegal, yet millions of people do it anyway. […]
March 17, 2017 By Allison Torres Burtka Americans will wager $10.4 billion on March Madness this year, the American Gaming Association estimates. That’s 13 percent more than last year’s estimated $9.2 billion. The problem, according to AGA? Ninety-seven percent of that betting is illegal under the Professional and Amateur Sports Protection Act. PASPA, a federal law […]
Washington, D.C. – American Gaming Association (AGA) Vice President of Government Relations Whit Askew released the following statement after President Donald Trump included in his budget proposal $120 million to restore the Yucca Mountain nuclear waste repository: “AGA opposes any effort to revive Yucca Mountain as a repository and will work tirelessly with the many concerned citizens, […]
March 14, 2017 By David Purdum Americans are expected to complete 70 million NCAA tournament brackets this year, risking on average $29 per bracket and contributing to the $10.4 billion that will be bet overall on March Madness, according to estimates released Monday by the American Gaming Association. The $10.4 billion expected to be bet […]
March 14, 2017 By Karen Farkas CLEVELAND, Ohio – The office bracket pool has gotten underway as the NCAA March Madness basketball tournament approaches. While many will throw in a few dollars with their entries, big money – about $10.4 billion – will be wagered on college games, says the American Gaming Association. That number marks […]
Washington, DC – Just days before the NCAA men’s basketball tournament tips off, the American Gaming Association (AGA) is estimating that Americans will wager $10.4 billion on March Madness. The number marks a 13 percent increase over last year’s estimated $9.2 billion wagered. Of the $10.4 billion that will be wagered on the tournament in 2017, only […]
March 13, 2017 By Eddie Pells Here’s one thing millions of Americans can agree on: March Madness is fun, especially when there’s a little money on the line. So fun, in fact, that more people will fill out NCAA Tournament brackets this week than voted for either Donald Trump or Hillary Clinton in last year’s presidential election. […]
Washington, DC – A legal, regulated sports betting market will increase consumer safety and protect state sovereignty, a new report from a non-profit Washington, D.C. think tank said Thursday. The report, Time to End the Madness around March Madness, issued by the Competitive Enterprise Institute, details how eliminating the ban on sports betting would generate tax revenue […]
March 2, 2017 By Dustin Gouker A report released today by a Washington D.C.-based libertarian think tank argues that the US government should end the federal ban on sports betting. The report is from the Competitive Enterprise Institute. It comes with March Madness — the annual men’s college basketball tournament — just around the corner. Americans will wager billions of […]
March 2, 2017 By Richard N. Velotta When President Barack Obama rolled out his March Madness college basketball bracket predictions on television every year, he acknowledged his participation in an illegal activity commonly enjoyed in workplaces nationwide. Now, a nonprofit Washington think tank is criticizing the federal ban on sports wagering, joining the chorus of […]