Volume: 16 Issue: 3
According to estimates, $4.5 billion changed hands illegally as a result of sports betting on the most recent Super Bowl, just one example of the increasing amounts of money being placed illegally on sports betting in the US. Given the scale of such illegal betting and the beginning of the Trump Administration, amongst other things, some have asked whether the regulatory environment for US sports betting may change in the near future. Marc Ellinger and Stephanie Bell of Blitz, Bardgett & Deutsch, L.C. consider the current prohibitions in place and how New Jersey’s case could change things, as well as looking at daily fantasy sports as an example of how a transition could be made from an unregulated to a regulated betting environment.