U.S. Realizes Online Sports Betting Potential

Unlike the prediction, the COVID-19 lockdown that paralyzed most of the U.S. states for the first half of this year, especially brick-and-mortar businesses, has promoted the online sports betting. The move was attributed to the safety and health concerns and the expectation to look for alternative sources of funding to offset the losses amid the […]

U.S. Sports Betting Recovers after Major Leagues Resume

The Coronavirus disease 2019 (COVID-19) has negatively affected all sectors in the world, including sports. Due to the lockdown, the international sports tournaments had to be canceled while some national events were organized without spectators. The cancellation has hurt the sports betting industry, especially in the United States, which is home to a wide range […]

Five Main Reasons Why E-sports Betting Unsuccessful in U.S.

There are about 2.2 billion people playing video games daily in the world. Therefore, it is natural that some of these games’ enthusiasts are keen on watching and gambling on the pros. Notably, e-sports betting have developed in recent years and the multibillion-dollar industry will get more popular in the coming years. Some states in […]

Historical Milestones of Online Sports Betting in the USA (Part 3)

The followings are the final part of historical milestones of online sports betting in the USA. 1992: U.S. Passed Professional &Amateur Sports Protection Act (PASPA) The Professional and Amateur Sports Protection Act (PASPA), which was launched in 1992, has so far been the biggest blow to the U.S. sports betting. The PASPA made it illegal […]

Historical Milestones of Online Sports Betting in the USA (Part 2)

The followings are the second part of the historical milestones of online sports betting in the USA. 1951: U.S. Levies 10% Tax on Sports Book The sports betting industry recorded a bit success in 1951 when the U.S. federal government imposed a 10% tax on all sportsbooks’ gross revenue. The tax imposition proved unmanageable for […]