LSR Sports Betting & News Podcast

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).

A special legislative session in Nebraska is underway, with online sports betting legalization up for discussion. Plus, a Missouri ballot measure takes a key step (3:52), the latest poll on iGaming in New York shows support (7:09), and a move by PrizePicks raises questions about whether the company wants to buy or sell (12:46).

Superbook decided to end its US operations outside Las Vegas last week. Why couldn't one of the most recognized names in Las Vegas make more of an impact? Plus, a new entrant in sports betting and iGaming comes to PA (11:18), what comes next for VSiN after DraftKings sold it back (15:43), and a recap of the NCLGS Summer Conference in Pittsburgh (23:52).

With publicly traded operators in sports betting set to report earnings for Q2 2024, Matthew Waters joins the show to preview what to expect for PENN, DKNG, CZR, MGM, and others. Plus, what in the world is going on in Washington, D.C., where a budget snafu has the market on hold (24:51).