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. […]
March 13, 2017 By Marc Tracy Starting in the 1970s, eight prosecutors in the Justice Department’s Public Integrity Section set up a standing meeting. Once a year, they would gather in the deputy attorney general’s conference room and run an elaborate pool for the N.C.A.A. men’s basketball tournament. “We mostly followed the law,” said Reid Weingarten, one […]
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 […]
February 28, 2017 By Aaron Stanley Seeing the grand opening of MGM National Harbor outside of Washington, DC last December carried a special significance for Sara Slane, senior vice president for public affairs at the American Gaming Association. Slane, who previously used the last name Rayme but has reverted to her maiden name, played a […]
February 23, 2017 By Daniel Roberts The American Gaming Association, the foremost lobbying group on behalf of casinos and gaming operators, began ramping up its PR effort to repeal PASPA (the 1992 federal law that banned sports betting) well before the presidential election. But now the organization says that a “perfect storm” is brewing in its favor. […]
February 13, 2017 By Dustin Gouker The legalization of sports betting would help the bottom line of the NFL in a number of ways, according to a new report from a leading media research company. Sports betting would help viewership, ads MoffettNathanson Research released a report called NFL Season Recap – It’s All Over But the Crying, looking back at 2016-17. Part of […]
February 13, 2017 By Jonathan Berr Slowly but surely, professional sports leagues are warming to the idea of fans gambling on their games, largely as a way to connect with them in a digital world that makes it increasingly hard to get their attention. Major League Baseball Commissioner Rob Manfred said last week he was re-examining […]