Sports Gambling Compliance: Big Money Worth The Wager
By Jodi Avergun, Todd Blanche, Christian Larson and Stephen Weiss (October 11, 2019, 3:38 PM EDT) -- Fans and states cheered the U.S. Supreme Court's May 2018 decision in Murphy v. NCAA giving states the power to authorize sports betting. In some ways, the immediate enthusiasm for the Supreme Court's ruling may have been premature. Far from authorizing sports betting at the federal level, Murphy v. NCAA merely cleared the way for states to set rules either banning or regulating sports betting within state lines.
Some states responded quickly, spending the second half of 2018 ironing out regulatory regimes to meet demand for sports betting. But in January, the U.S. Department of Justice released a new opinion that...
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