Rhode Island All In On Sports Gambling

Rhode Island has become the third state to pass sports betting legislation. The Sports Law Insider has previously reported on both Delaware and New Jersey’s approved gambling legislation. Now, on Friday, June 22, Governor Gina Raimondo signed Rhode Island’s fiscal year budget, which included provisions for the state’s two casinos to offer legal sports betting through the Rhode Island lottery.

With the passage of bill H.7200, sports wagering will begin at Twin River Lincoln casino and Twin River Tiverton casino on October 1, …

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Day 5 of the O’Bannon Trial: MONEY

Day 5 of the O’Bannon trial was about money.  How big of an empire is the NCAA in terms of its revenues?  An economist and the plaintiffs’ expert witness Dan Rascher said that from the 69 conference teams in the league there was a $1.3 billion surplus and about $6.4 billion of total broadcast revenues in Division 1 from 2005 to 2011.  Moreover,  no other sporting event produces more advertising revenues than the league’s basketball tournament in the U.S.

Rascher continued that during the 2012-2013 …

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