Abstract
In May 2018, the Supreme Court of the United States struck down the Professional and Amateur Sports Protection Act, which was initially signed into law in 1992 banned state-authorized sports gambling with the one exception being Nevada. States like New Jersey, Delaware, Mississippi, New York, Pennsylvania, and more quickly established their own legal guidelines to allow sports booking making in their respective states. Mobile apps also quickly capitalized with DraftKings, Caesars Sportsbook, BetMGM, ESPN Bet, and FanDuel all making it easy for consumers to bet right from their phones with FanDuel also establishing a sports network with shows such as The Bill Simmons Podcast and Up & Adams with Kay Adams. This paper explores how the rise and legalization of sports gambling in the United States has changed the role sport plays in society, how and why people watch sports, and what professional sports leagues and teams can expect moving forward as the industry continues to both evolve and embrace the paradigm shift that has also provided a new source of revenue worth billions annually.
Presenters
Jeremy LevineGraduate Student and Teacher Assistant, Sociology, Stony Brook University, New York, United States
Details
Presentation Type
Paper Presentation in a Themed Session
Theme
KEYWORDS
DraftKings, Gambling, FanDuel, NBA, NFL, Sports Betting
