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Legalizing online sports betting means a new need for security In the wake of SCOTUS paving the way to legalizing online sports betting in the U.S., states are figuring out the best approach to making it secure with authentication and identity verification. Use commas to separate multiple email addresses On May 14, 2018, the Supreme Court of the United States (SCOTUS) ruled in favor of New Jersey’s case to repeal the Professional and Amateur Sports Protection Act (PASPA), thereby paving the way towards legalizing online sports betting in the U.S. PASPA prohibited all states other than those with existing legislation—Nevada, Oregon, Delaware, and Montana—from legalizing online sports betting. The big business of online sports betting It comes as no surprise that sports gambling is big business. In 2017, Nevada’s Gaming Control board reported a $4.8 billion bet at its sportsbooks. This was a new record high, but legal betting is just the beginning of the story. No one has a definitive number for how much money is bet illicitly. For example, the research firm, Eilers & Krejcik Gaming, projects that this number could fall between $50 billion and $60 billion . While the Supreme Court’s decision opened the door for individual states to regulate sports betting, it didn’t prohibit future federal regulation in the industry. The House of Representatives is planning a hearing titled “Post-PASPA: An Examination of Sports Betting in America.” It was scheduled for June 19 but was postponed to a later date. [ Keep up with 8 hot cyber security trends (and 4 going cold) .
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