It was over two years since the Supreme Court of the United States struck down the Professional and Amateur Sports Protection Act (PASPA) of 1992. Until now, there are over 20 states legalizing the sports betting within their borders, and 17 states are already regulating local sports betting. It is expected that more states will […]
Category Archives: Sports Betting
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 […]
Historical Milestones of Online Sports Betting in the USA
Online sports betting in the United States began more than 150 years ago when the internet and online sportsbooks were introduced. The following is the historical milestones of online sports betting in the United States. 1860: U.S. Banned All Forms of Gambling After the revolutionary war, gambling had developed in the United States as a […]
Top Football Betting Events in the United States
If you ask U.S. audiences about the biggest sports event in the American Football Calendar, most of them will answer the “Super Bowl,” of course. This football league is broadcasted across North America and becomes one of the most watch events in the region. The event results in a massive amount of bets in America […]
U.S. California Fails to Legalize Sports Betting-Waiting until 2022
The U.S. state of California has failed to legalize sports betting due to the massive opposition from the Native American gaming tribes. Accordingly, California’s state earlier proposed a bill to amend the constitution and permit the sports betting. The proposal was backed by several U.S. leagues such as the National Basketball Association, the Major League […]