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.
Healthcare policy is shifting fast, raising questions about drug prices, Medicare and access. Leap Health CEO Hani Elias explains what patients need to know.
The U.S. job market is cooling as hiring slows and employers turn cautious. LinkedIn’s Kory Kantenga breaks down jobs, wages, spending and AI’s impact.
AI is entering a new phase as enterprises move beyond experimentation and demand measurable returns. Appian CEO Matt Calkins discusses what comes next.
Commercial Metals CEO Peter Matt reveals how a $2.5B acquisition spree is transforming the 111-year-old steelmaker into a construction solutions powerhouse.
Angelo Zino, Senior Vice President and Technology Equity Research Analyst at CFRA, breaks down Big Tech earnings, AI spending, and what's next for the Mag 7.
Big Tech is pouring billions into AI. Ray Wang, CEO of Constellation Research, explains what Meta and Microsoft's earnings reveal about those investments.
