Performance Stories takes you inside some of ESPN’s highly successful partnerships. In each story, you'll not only get a deep dive look into the components of the platform but also hear directly from our clients as they talk about the experience of working with ESPN, the unique platform created and the performance for their brand. It's all about performance.
Money line: A wager where bettors choose one side of the other, without the use of a point spread. The favorite will have a minus (-) sign next to their name, and all money lines are based on $100. So if a team is -180, players will have to wager $180 to win $100. Likewise, underdogs will have a plus (+) sign next to their name. A +140 team will pay out $240 ($140 plus the original $100) should it win.
In a national poll released in December 2011, Fairleigh Dickinson University's PublicMind asked voters whether they “support or oppose changing the federal law to allow sports betting” in their respective states. Just as many voters approved (42%) as opposed (42%) allowing sports betting. However, voters who already live in households where family members (including themselves) engage in sports betting had a strongly favored legalization of sports betting (71%-23%), while voters in households where sports betting is not an activity, opposed legalization (46%-36%). Peter J. Woolley, professor of political science and director of the poll commented on the findings, “Gambling has become, for good or ill, a national industry, and you can bet that politicians and casinos all over the country are closely following New Jersey’s plans.”
Don’t think Pennsylvania will be any different than New Jersey. Daily fantasy sports sites are dominating in the Garden State, and you can expect the same for PA. FanDuel will be up and running shortly through its partnership with Valley Forge Casino. DraftKings is still lacking a land-based partner, but we would not expect that to be the situation in the coming months.
Although the amount of sports content on the network has gradually expanded since Fox Sports was founded in 1994 (particularly since 2013), Fox's sports schedule on weekend afternoons has remained very inconsistent to this day as the majority of its sports contracts are with professional leagues and collegiate conferences associated with more widely known sporting events, with very limited supplementary coverage of amateur, extreme or winter sports (unlike NBC or CBS) that can be aired during the daytime even when major events are not broadcast – leaving absences in daytime sports coverage on either a Saturday, a Sunday or both on certain weeks. Syndicated programming (either in the form of feature films, series or both) and/or infomercials scheduled by the network's owned-and-operated stations and affiliates, as well as occasional Fox Sports-produced specials and Fox-supplied preview specials for upcoming primetime shows fill Fox stations' weekend afternoon schedules on days with limited to no sports programming.
Pennsylvania approved a sports betting law in October 2017 and had regulations for sports betting in place in August 2018. The state approved the first sports betting licenses for Hollywood Casino at Penn National Race Course and Parx Casino on October 3, 2018. On November 15, 2018, sports betting began at Hollywood Casino at Penn National Race Course with a two-day test; official sports betting began on November 17, 2018. Hollywood Casino at Penn National Race Course became the first casino in Pennsylvania to offer sports betting. Pennsylvania became the seventh state to offer sports betting.
On October 22, 2011, FIFA announced that Fox Sports had acquired rights to air its tournaments beginning in 2015, including the 2018 and 2022 FIFA World Cup. In February 2015, Fox's contract was extended to 2026, in what was reported to be compensation for the rescheduling of the 2022 tournament to late-November/mid-December (which will compete with the regular seasons of several major North American sports leagues, including the NFL).
Sports bettors place their wagers either legally, through a bookmaker/sportsbook, or illegally through privately run enterprises. The term "book" is a reference to the books used by wagebrokers to track wagers, payouts, and debts. Many legal sportsbooks are found online, operated over the Internet from jurisdictions separate from the clients they serve, usually to get around various gambling laws (such as the Unlawful Internet Gambling Enforcement Act of 2006 in the United States) in select markets, such as Las Vegas, Nevada, or on gambling cruises through self-serve kiosks. They take bets "up-front", meaning the bettor must pay the sportsbook before placing the bet. Illegal bookies, due to the nature of their business, can operate anywhere but only require money from losing bettors and don't require the wagered money up front, creating the possibility of debt to the bookie from the bettor. This creates a number of other criminal elements, thus furthering their illegality.