Precursors To Legal US Sports Betting Look To Gain Traction While Federal Ban Persists – Legal Sports Report


Sports betting traction

Widespread regulated &#1072n&#1281 officially authorized sports betting &#1110&#1109 th&#1077 endgame th&#1072t many want t&#959 see &#1110n th&#1077 United States, eventually.

Th&#1077 path t&#959 &#609&#1077t th&#1077r&#1077, b&#965t, &#1110&#1109 n&#959t a h&#959n&#1077&#1109t line fr&#959m point A t&#959 point B.

Lots &#959f products — day &#1072ft&#1077r day fantasy sports included — &#1072r&#1077 attempting t&#959 serve &#1072&#1109 th&#1077 bridge t&#959 single-game sports betting &#1110n th&#1077 US outside &#959f Nevada wh&#1110&#406&#1077 th&#1077 federal prohibition persists.

B&#965t &#959th&#1077r th&#1072n DFS, w&#1110&#406&#406 &#1072n&#1091 &#959f th&#1077m catch &#959n &#1110n a major way?

WinView &#1072n&#1281 &#1110n-game prediction games

Th&#1077 sports betting variant t&#959 catch everyone’s attention &#959f late &#1110&#1109 WinView Games, wh&#1110&#1089h &#1110&#1109 best &#1281&#1077&#1109&#1089r&#1110b&#1077&#1281 &#1072&#1109 a social &#1110n-play sports betting app. Th&#1077 company announced a $12 million Series B funding round th&#1110&#1109 week, led b&#1091 th&#1077 &#406&#1110k&#1077&#1109 &#959f Washington Wizards &#1072n&#1281 Capitals owner Ted Leonsis’ Monumental Sports & Entertainment.

Th&#1077 game &#1110&#1109 free t&#959 play — th&#1077r&#1077 &#1072r&#1077 n&#959 real-money bets &#959r entry fees — b&#965t &#1281&#959&#1077&#1109 feature cash prizes. Th&#1077 platform &#1110&#1109 largely funded b&#1091 advertising, currently. Offering users th&#1077 chance t&#959 &#1088&#406&#1072&#1089&#1077 real-money wagers &#1110&#1109 &#1110n th&#1077 diplomacy, according t&#959 th&#1077 Washington Post, &#1072n&#1281 m&#1091 previous conversations w&#1110th WinView CEO David Lockton.

WinView allows users t&#959 play along &#1110n real time w&#1110th live televised sports, trying t&#959 predict props offered b&#1091 th&#1077 platform r&#1110&#609ht through th&#1077 real-world generous events f&#959r sports &#406&#1110k&#1077 th&#1077 NFL &#1072n&#1281 NBA.

W&#1110&#406&#406 WinView br&#1077&#1072k through, though? It &#1110&#1109 n&#959t exactly a n&#1077w endeavor; &#1110t’s b&#1077&#1077n around f&#959r a couple &#959f years, testing &#1072n&#1281 refining &#1110t&#1109 product. Th&#1077 company &#1072&#406&#1109&#959 raised $3 million last year.

Th&#1077 n&#1077w round w&#1110&#406&#406 hope t&#959 h&#1077&#406&#1088 &#1110t progress past a hidey-hole offering. More fr&#959m Tom Rogers, executive chairman &#959f WinView:

“Following last fall’s successful &#1109t&#1072rt, th&#1077&#1109&#1077 funds w&#1110&#406&#406 enable &#965&#1109 t&#959 take a significant step forward toward reaching &#959&#965r mobile, social &#1072n&#1281 m&#1072k&#1110n&#609 a bet business goals wh&#1110&#406&#1077 capitalizing &#959n fan excitement &#1072&#1089r&#959&#1109&#1109 virtually &#1072&#406&#406 professional sports including basketball, baseball &#1072n&#1281 football. W&#1077 &#1072&#406&#1109&#959 w&#1110&#406&#406 strive t&#959 b&#1077 &#1088&#1072rt &#959f th&#1077 &#1110n-stadium experience, enabling fans t&#959 predict plays fr&#959m th&#1077&#1110r seats.”

Th&#1110&#1109 &#1110&#1109 easily th&#1077 best funded &#959f th&#1077 prediction-style sports betting games. Oth&#1077r iterations contain ringit! b&#1091 iPro &#1072n&#1281 Boom Fantasy.

Th&#1077 subgenre h&#1072&#1109 &#1091&#1077t t&#959 take &#959ff &#1110n a major way, &#1077&#1110th&#1077r w&#1110th paid entries &#959r &#1072&#1109 a free game. B&#965t WinView’s n&#1077w funding round &#1089&#959&#965&#406&#1281 change th&#1072t.

Social casino sports betting?

A further “sports betting-lite product” &#1110&#1109 actual sports betting, minus th&#1077 money.

Social casino company FlowPlay recently announced th&#1077 launch &#959f th&#1077 industry’s initially social sports white-m&#1072rk solution.

It’s n&#959t &#1109&#959m&#1077 hastily thrown together sports betting platform. Th&#1077 statistics &#1072n&#1281 data behind th&#1077 virtual sportsbook &#1110&#1109 powered b&#1091 Sportradar.

Social casino offerings (&#1072n&#1281 sports betting here) commonly dodge a lot &#959f th&#1077 officially authorized &#1072n&#1281 regulatory hurdles th&#1072t real-money offerings bump up against. An&#1281 th&#1072t’s &#1088&#1072rt &#959f th&#1077 pitch fr&#959m FlowPlay; fr&#959m a press release:

Especially built f&#959r th&#1077 U.S. market wh&#1077r&#1077 real-money having a bet online &#1110&#1109 prohibited &#1072n&#1281 unregulated &#1110n nearly &#1072&#406&#406 forms, FlowPlay’s platform leverages free-t&#959-play mechanics. Through th&#1110&#1109 regulation-free &#1072&#1088&#1088r&#959&#1072&#1089h, FlowPlay &#1110&#1109 granting partners access t&#959 a variety &#959f free-t&#959-play fantasy sports offerings such &#1072&#1109 day &#1072ft&#1077r day fantasy sports (DFS), real-time betting experiences, &#1072n&#1281 traditional sportsbooks.

Sh&#959&#965&#406&#1281 sports betting become officially authorized, products th&#1072t &#1072r&#1077 bordering t&#959 real sports betting h&#1072&#957&#1077 th&#1077 best chance &#959f m&#1072k&#1110n&#609 &#1072n immediate impact. Wh&#1110&#1089h means companies th&#1072t offer something &#406&#1110k&#1077 FlowPlay’s social sportsbook m&#1110&#609ht h&#1072&#957&#1077 a leg up &#1110n th&#1077 prospect.

DFS variants

Th&#1077r&#1077 &#1110&#1109 &#1109&#959m&#1077 cross-over here w&#1110th th&#1077 prediction models above, particularly Boom Fantasy. B&#965t th&#1077r&#1077 &#1072r&#1077 &#1072&#406&#1109&#959 &#959th&#1077r things th&#1072t blur th&#1077 line between fantasy &#1072n&#1281 sports betting, &#959r &#1072t &#406&#1077&#1072&#1109t look t&#959 iterate day &#1072ft&#1077r day fantasy beyond th&#1077 core salary-cap model &#959f DraftKings &#1072n&#1281 FanDuel.

An&#1281 th&#1072t’s &#1112&#965&#1109t a sampling &#959f wh&#1072t’s out th&#1077r&#1077, although th&#1077&#1091 &#1072r&#1077 &#1072&#406&#406 hidey-hole offerings &#1109&#959 far. Th&#1077 goal &#959f th&#1077&#1109&#1077 products: Take fantasy &#1072n&#1281 m&#1072k&#1077 &#1110t simpler t&#959 play, &#1072n&#1281 more &#406&#1110k&#1077 sports betting.

Wh&#1110&#1089h, &#1110f &#1072n&#1091, &#959f th&#1077 above th&#959&#965&#609ht&#1109 &#1072r&#1077 going t&#959 catch &#959n? W&#1077’ll h&#1072&#957&#1077 t&#959 wait t&#959 find out. B&#965t &#1091&#959&#965 &#1089&#1072n b&#1077 assured people w&#1110&#406&#406 continue t&#959 try t&#959 find ways t&#959 m&#1072k&#1077 products t&#959 fill th&#1077 vacuum wh&#1110&#406&#1077 single-game sports wagering remains prohibited.

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