As the December date for New Jersey’s appeal of the U.S. federal betting ban draws near, a key conference is setting out to test the appetite for sports betting among industry players and stakeholders.
Taking place on Nov. 14-15 at the Convene New York City, Clarion Gaming’s inaugural Sport Betting USA conference will discuss the long legislative battle to repeal the controversial 1992 Professional and Amateur Sports Protection Act (PASPA), which will be heard on December 4 at the U.S. Supreme Court.
New Jersey has been fighting tooth and nail for the legalization of sports betting in the cash-strapped Garden State, whose governor is punting on sports betting to revive the state’s floundering casino and race track industries. Many analysts, including gambling and gaming law expert I. Nelson Rose, are predicting a favorable outcome.
The two-day conference also aims to demystify the misconceptions surrounding sports integrity, outline data monetization strategies, fan engagement opportunities and new revenue streams for the rights holders as well as present routes to a regulated market for operators who are looking to add sports betting to their offer.