US: SPORTS BETTING VENDOR AND SUPPLIER LICENSING – A PRIMER FOR INDUSTRY NEWCOMERS

On 17 May, White & Williams LLP published an article which says that the explosive growth of sports betting in the US has opened the door to a variety of new business opportunities for firms in the technology, hospitality, marketing, and financial services industries.  It says that state licensing and compliance requirements apply not only to sportsbook operators, but also to those doing business with sportsbook operators, such as vendors and suppliers. The article provides an overview of these vendor and supplier requirements, some of which may be surprising to those unfamiliar with the gaming industry.

https://www.jdsupra.com/legalnews/sports-betting-vendor-and-supplier-8008127/

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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