In this episode of the LSR podcast, hosts Matt Brown, Pat Evans, and Sam McQuillan discuss the latest developments in the sports betting industry, particularly in light of March Madness. They explore the partnership between Robinhood and Kalshi, the complexities surrounding collegiate sports betting, and the ongoing legal challenges faced by sweepstakes operators. The conversation also touches on the struggles of Penn and ESPN's partnership, as well as a state-by-state roundup of sports betting legislation, highlighting Minnesota, Hawaii, Ohio, and Texas. In this conversation, the speakers discuss the evolving landscape of fantasy sports, particularly focusing on Underdog's regulatory challenges and strategic decisions. They explore the competitive dynamics within the industry, the excitement surrounding March Madness, and the implications of NIL (Name, Image, Likeness) on college basketball.

00:00 Sports Betting News Today
00:35 Robinhood & Kalshi March Madness marriage
06:18 Reminder: 23 states have some sort of betting restrictions
16:46 States take aim at Sweeps Casinos
19:48 Penn scrutiny continues 22:55 State Roundup
26:38 Underdog exits NY…for now at least
33:34 WHO WE ROOTING FOR TO CUT DOWN THE NETS???

Join us today on the Legal Sports Report podcast for the latest Sports Betting news and updates. At LSR we cover the latest sports betting news with expert analysis of the most important stories in the legal sports betting and daily fantasy businesses in the United States and Canada.

For the most current US legal sports betting news visit: https://legalsportsreport.com/news

L E T ' S C O N N E C T:
LegalSportsReport: https://x.com/LSPReport

Want to know the status of sports betting in your state? Legal Sports Report tracks sports betting legislation across the country here: https://www.legalsportsreport.com/sportsbetting-bill-tracker