by I. Nelson Rose | Jun 7, 2023 | Blogs
Gray markets have become big business. The American Gaming Association estimates Americans bet $511 billion with illegal and unregulated operators, costing legal sites $44.2 billion in gross gaming revenue and states $13.3 billion in taxes. American regulators...
by I. Nelson Rose | May 22, 2023 | Blogs
“The French don’t care what they do, actually, as long as they pronounce it properly.” – My Fair Lady An online sportsbook can report taking millions of dollars in bets from gray and black markets, as long as the numbers they report are accurate. This is the...
by I. Nelson Rose | Apr 25, 2023 | Citations
I was recently quoted on a NBC News article titled “NFL suspends 5 players for alleged violations of gambling policy”. Following is the complete article: The NFL hit four Detroit Lions and one Washington Commander with heavy suspensions for allegedly...
by I. Nelson Rose | Nov 30, 2022 | Blogs
On Saturday, Macau awarded “provisional licenses” to the six current casino operators. These will allow them to continue to operate until they are awarded their official concessions in January. No surprise there. In fact, the biggest surprise is that another...
by I. Nelson Rose | Nov 16, 2022 | Blogs
Some of the richest, most powerful political players in the world of legal gambling just spent the most money ever on ballot propositions, nearly half a billion dollars, and won… nothing. Well, not exactly nothing. It’s important to not only see what proponents...
