Online Operators Stand to Cash in Big With Legalization of Sports Betting Says USBets CEO Adam Small
*By Samantha Errico*
Since a Supreme Court ruling in May, seven states have legalized sports betting ー and Adam Small, the CEO of gambling magazine USBets thinks Ohio, Virginia, Kentucky, and Louisiana may be next.
"We have a whole bunch of states that are interested, 20 to 30 states that could be looking at passing laws," Small told Cheddar Tuesday.
On May 14, 2018, the U.S. Supreme Court overturned [*Murphy v. NCAA*](https://www.supremecourt.gov/opinions/17pdf/16-476_dbfi.pdf), a law from 1992 that banned sports betting in most states. Since then legal sports wagering is up and running in seven states: Nevada, New Jersey, Pennsylvania, Delaware, Mississippi, West Virginia, and Rhode Island.
According to Small, each state has its own discrete legal requirements ー which may slow the path to legalization in certain regions.
He predicts that big-name companies like ESPN will eventually enter the market ー especially from Small's vantage point at the ICE Sports Betting USA conference [in New York City](https://www.sportsbettingusaconference.com/).
He added that mobile and online operators are generating the most revenue from legal betting thus far.
Orangetheory Brand President Lauren Cody on the fitness industry's shift from chasing aesthetics to prioritizing longevity and measurable health and wellness.
Peachtree Group CEO Greg Friedman breaks down the Fed's rate decision and the Senate's housing affordability bill and what it means for commercial real estate.
Nodi is giving kids a safe way to stay connected before they're ready for a smartphone. CEO Pascal Leonard Blum breaks down how the device works for families.
From coast to coast, gas prices are telling different stories. AAA's Aixa Diaz explains what's behind the numbers and what it means for American drivers.
AutoStore’s CPO Parth Joshi explains its new AI software layer designed to optimize warehouse robots in real time and unlock smarter, more efficient fulfillment
ROC CEO B. Scott Swann joins us live from the NYSE to discuss the company's IPO and how VisionAI is transforming facial recognition for defense and security.