PASPA news - judgement is no shock.
The Supreme court’s ruling on PASPA came as no surpise to many, but the legalisation of sports betting on a state-by-state basis will have huge ramifications for the betting industry. This site had the ability to be the super affilate site of the industry sector as the industry grows. Regulation will be key, but attitudes to sports betting have now changed, and States will take this opportunity both to regulate and tax.
The sports betting opportunity
Sports betting will no doubt be contended by many suppliers and op[erators. On the basis of today’s market moves many share are already showing strong growth, e.g. Scientific Games at 13%.
Domestic or foreign brands
Who will the operators be? Foreign operators like William Hill or Paddy Power have been keeping their powder dry and are ready to pounce. Will the US Casino brands see this as a threat and get into the space?
PASPA - what next?
So many unanswered questions, but this is a landmark case and a landmark day.