Vig & Juice

Vig & Juice is a podcast discussing the history and legality of gambling and sports betting in the U.S. hosted by three attorneys who practice Fantasy Sports & Gaming Law at Vela Wood.

In this episode, we go over our recent Quarterly Texas Gaming Update Newsletter and discuss fantasy sports and sports wagering regulation updates in Texas and nationwide.

Regarding our discussion starting at 8:35, here are the statistics we said we would provide for the crossover of states.

Vig & Juice is a podcast discussing the history and legality of gambling and sports betting in the US hosted by three attorneys who practice Fantasy Sports & Gaming Law at Vela Wood.

In this episode, we discuss shifts in the Daily Fantasy Sports (DFS) landscape, including DFS leaders moving into sports betting, how regulators are approaching non-traditional fantasy games, and our predictions for the political battles that lie ahead.

Vig & Juice is a podcast discussing the history and legality of gambling and sports betting in the US hosted by three attorneys who practice Fantasy Sports & Gaming Law at Vela Wood.

In this episode, we discuss the two sports betting bills proposed in this year’s legislative session, HB 2070 and HB 1121, which sought to legalize sports betting in Texas, and we share our predictions for when sports betting could realistically be legalized in Texas.

Vig & Juice is a podcast discussing the history and legality of gambling and sports betting in the US hosted by three attorneys who practice Fantasy Sports & Gaming Law at Vela Wood.

In this episode, we discuss PASPA, the Professional and Amateur Sports Protection Act of 1992, including its carveouts and nationalization issues as well sports leagues’ role as enforcers of PASPA.

Vig & Juice is a podcast discussing the history and legality of gambling and sports betting in the US hosted by three attorneys who practice Fantasy Sports & Gaming Law at Vela Wood.

In this episode, we discuss the Travel Act of 1961, including Robert Kennedy taking down the mob, gambling’s association with other nefarious activities, and the role of federalizing state laws.

Vig & Juice is a podcast discussing the history and legality of gambling and sports betting in the US hosted by three attorneys who practice Fantasy Sports & Gaming Law at Vela Wood.

In this episode, we cover arguably the most monumental piece of legislation regarding sports betting – the Wire Act of 1961 – which prohibited using wire communication for betting and wagering across state lines. We discuss what the Wire Act means for online gambling and whether the act applies only to sports betting or to gambling in general.

Whoever being engaged in the business of betting or wagering knowingly uses a wire communication facility for the transmission in interstate or foreign commerce of bets or wagers or information assisting in the placing of bets or wagers on any sporting event or contest, or for the transmission of a wire communication which entitles the recipient to receive money or credit as a result of bets or wagers, or for information assisting in the placing of bets or wagers, shall be fined under this title or imprisoned not more than two years, or both.

Vig & Juice is a podcast discussing the history and legality of gambling and sports betting in the US hosted by three attorneys who practice Fantasy Sports & Gaming Law at Vela Wood.

In this episode, we discuss the first sports betting in the U.S. up to the Wire Act of 1961, including horse racing, the spectator sport known as pedestrianism, and using state lotteries to fund the Revolutionary War.

Vig & Juice is a podcast discussing the history and legality of gambling and sports betting in the US hosted by three attorneys who practice Fantasy Sports & Gaming Law at Vela Wood.

In this episode, we explain the meaning of Vig & Juice, discuss gambling’s roots in Greek mythology, and lay out the three elements that define gambling.