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Legalizing online sports betting means a new need for security

crowd of sports spectators seamless 164455698 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) . Give your career a boost with top security certifications: Who they're for, what they cost, and which you need . | Sign up for CSO newsletters .

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