All indicators show that online sports betting will grow exponentially in the next five years, so whether or not public media can accept online sports betting sponsorship is potentially a real “million dollar question.”
Some believe that online sports betting will get as granular as betting on who gets the first home run in a baseball game or if a football team will make the next first down. Don’t forget soccer and tennis. It could become quite the tax money-maker for the 18 states that currently allow it.
Recently one of our Greater Public member stations asked if they could take online sports betting sponsorship since it’s legal in their state. Keep in mind that online sports betting is legal federally. We asked our Greater Public FCC lawyer for advice.