LSR Sports Betting & News Podcast

We are nearing the 10-year anniversary of NBA Commissioner Adam Silver writing a New York Times op-ed advocating for legal sports betting in the United States. Plus, the latest nuggets from campaign finance reports in the Missouri sports betting ballot battle (13:12) and why a new deal between Hard Rock Bet and Kambi bucks a recent industry trend (17:44).

Matt and Adam meet up for the annual gaming convention in Las Vegas and report back with their notes on the hottest discussion topics: will more sports betting brands ever launch in Florida (5:16), what's the next big thing for sportsbooks after same-game parlays (8:16), the issue that popped up the most at the show (19:39), and an update on the timeline for sports betting in California (23:40).

Legal happenings from around the US and UK lead the news around the sports betting landscape this week, including a disgraced former NFL employee suing FanDuel (00:46), the ongoing battle over the 2018 FanDuel sale (6:58), DraftKings winning a round against its former head of VIP (13:54), and a settlement between the SEC and DraftKings (18:26).

Last week's meeting of the Massachusetts Gaming Commission featured legal sports betting operators explaining what behaviors by bettors get their attention for potential limiting and banning. Plus, how a Michigan man made $2 million in fake deposits into an app (16:50) and early thoughts on how the NFL is handling sports betting advertising and integration in 2024 (20:00).

Lachlan Murdoch spoke this week about whether or not his company will exercise its option to purchase nearly a 20% stake in FanDuel before the opportunity expires. Plus, another opposition group appears to work against the Missouri online sports betting initiative (5:39), the industry pushes back against the latest version of a federal sports betting bill (10:04), and house rules remain important to read (19:05).

As Week 1 of the 2024 NFL season arrives, the crew discusses how many ads we'll see during the games, whether sportsbooks will send promos to retain existing customers while trying to recruit new ones, and which sports betting operators face the most important tests as the biggest time of the year arrives for their bottom lines.

A mysterious lawsuit challenging the online Missouri sports betting ballot measure appears, but no one is certain who is behind it. Plus, DraftKings goes shopping (7:21), an NFLPA lawsuit against the crown is even bigger than expected (13:58), a suit over alleged deceptive sportsbook marketing moves forward (17:53), and another illegal bookie meets justice (22:28).

Sealed court documents show that the NFL Players Association is suing DraftKings for a potential breach of contract, but which one? Plus, sportsbooks put millions more dollars into the effort to legalize sports betting in Missouri (6:18), Nebraska's chance at passing a bill in 2024 dies (9:10), the AGA wants regulators to look into sweeps (11:23), and Massachusetts gets serious about talking limits (15:58).

The plan for a DraftKings surcharge on winning bettors in high-tax states lasted just 13 days, as the company abandoned the idea shortly after FanDuel declined to match it. Plus, Missouri will vote on legalizing sports betting this fall (16:04), Nebraska might do the same (18:08), and Intralot might be in legal trouble in Washington DC (23:49).

Everything You Need To Know About DraftKings Surcharge (01:08), Legal Sports Report revenue analyst Eric Ramsey joins the pod crew to break down his analysis of how much money DraftKings could make by implementing a surcharge on winning bettors in higher-tax states. Also, a debate on whether legislators are to blame for high tax rates and whether FanDuel will follow the footsteps of DraftKings with its own fee (19:16).