Business of Sport: Betting capers and the strange case of ACC and NZ Rugby

Action you can bet on. (Image: Getty)

Fri, 19 May 2023

Five years ago this weekend, the United States Supreme Court overturned what was known as the Professional and Amateur Sports Protection Act and launched a legal sports betting industry that has become a financial juggernaut. Until that day, betting on sport in the US was largely limited to Las Vegas. But since then, Americans have legally wagered over US$220 billion (NZ$352b) on sport, of which sports betting companies have taken US$17b in revenue. Of America's 52 states, 33 have legalised betting and every major sporting le...

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