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

Business of Sport: Betting capers and the strange case of ACC and NZ Rugby
Action you can bet on. (Image: Getty)
Trevor McKewen
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...

More Opinion

Why luxury needs a wake-up call
Opinion Fashion

Eden Bradfield: Why luxury needs a wake-up call

The focus should be on selling consumers a lifestyle, not just status symbols. 

Facebook is no place for risky financial investment offers
Opinion

Maria Slade: Facebook is no place for risky financial investment offers

Misleading ads continue to be thrust in the faces of Mum and Dad investors.

Maria Slade 30 Jun 2025
Money, Money, Money
Opinion

Simon Robertson: Money, Money, Money

Like it or not, everything digital is coming.

Simon Robertson 28 Jun 2025