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2021 My Legal Bookie 1 (2021)

handle is hein.hackboth/mlglbke2021 and id is 1 raw text is: Route To: ___ My Legal Bookie It's March, the But NCAA Is Yet to Budge on Legal Sports Betting By Andrew Silver, of Ifrah Law I t is hard to believe that as recently as three years ago-prior to the Supreme Court's May 2018 decision declaring that the Professional and Amateur Sports Protection Act (PASPA) was unconstitu- tional-Americans seeking to wager on the NCAA basketball tournament had to choose between either traveling to Nevada or wagering illegally, whether with an offshore provider or local bookie. Remark- ably, in the time since 2018, close to half the states, plus the District of Columbia, have enacted legalized sports wagering. Several other states have passed bills and ballot initiatives. Consequently, sports wagering will likely be active in some form or another in over half the states by the end of 2021. March is a particularly appropriate time of year to think about what has and has not changed in the legal sports bet- ting landscape. This is not only because the NCAA's annual 68-team tournament is rivaled only by the Super Bowl as the top sports wagering event of the year in the United States, but also because it was the NCAA itself that served as one of the main characters seeking to uphold PASPA. In fact, few may recall that the Supreme Court case that struck down PASPA and See IT'S MARCH Page 8 FanDuel's Stern Embraces the Challenge of Navigating a Volatile Industry By Ellen M. Zavian S tacie Stern is often referred to as the First Lady of Fantasy Sports. The moniker is well-deserved. After spending 16 years at Head2Head, she joined FanDuel in 2017, taking a position in the government affairs department in 2017. Her rise at the largest real-money gaming operator in the United States has been swift, in part because of her willingness to tackle the hottest topics in a fast-changing industry. My Legal Bookie caught up with the Government Affairs Director to discuss March Madness sports betting and how it relates to college athletes. Question: As you travel to state legisla- tures around the country, what is your goal at each stop? Answer: My focus is to help legislators learn about the current state of unregu- lated sports wagering so that they have the information to develop reasonable laws. Principles such as a mobile, competitive market with multiple operators as well as an expansive betting catalog, including allowing wageringon college sports, are imperative for success in converting people to a regulated market. It's important for states to legalize sports betting so it can be taxed and regulated See FANDUEL'S on Page 4 It's March, the But NCAA Is Yet to Budge on Legal Sports Betting FanDuel's Stern Embraces the Challenge of Navigating a Volatile Industry Corruption of NCAA Sports Will Not Fly Under the Radar How Wearables Could Save Professional Sports Sports Betting Industry Takes Initiative to Educate Consumers FansUnite Signs With Ifrah to Pursue U.S. Licensing Strategy 1 Rooting for Your College Team Is a Given... But Betting on Them Is a Whole Other Ballgame 6 Sportradar Group Acquires Fresh Eight FanDuel Group Inks Multi-Year Deal with Washington Team 7 7 0* COYIH 202 HAKE PULCTOS (HCNEPBIC OS. 0OM Spring 2021

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