In a groundbreaking development in the world of online sports betting, Foley & Lardner LLP, a prestigious law firm specializing in tribal gaming law, has unveiled a revolutionary new model of statewide online sports betting through tribal compacts. This innovative approach, known as the “end-around,” has the potential to revolutionize the landscape of sports betting in the United States.
Traditionally, tribal compacts have been limited in scope, allowing tribes to operate casinos and other gaming facilities on their reservations. However, the end-around model seeks to exploit a loophole in existing gaming laws that allows tribes to offer online sports betting statewide, bypassing the need for state approval.
Under this new model, tribes would partner with a technology provider to offer online sports betting to customers across the state. In exchange for a cut of the revenue generated, the tribes would provide the necessary legal framework for the operation, including licensing and regulation.
This approach represents a significant departure from the current state of affairs in the world of online sports betting, where state approval is typically required for any operator to offer services to residents. By leveraging the sovereignty of tribes and their ability to operate gaming activities on their land, the end-around model opens up a whole new avenue for online sports betting.
Foley & Lardner LLP, with its deep expertise in tribal gaming law, is at the forefront of this new development. The firm has already signed agreements with several tribes to implement the end-around model, and expects to see significant growth in this area in the coming months.
“We believe that the end-around model has the potential to revolutionize the way online sports betting is operated in the United States,” said John W. Salmon, partner at Foley & Lardner LLP. “By leveraging the unique legal status of tribes, we can offer a more flexible and streamlined approach to sports betting that benefits both the tribes and the customers.”
As the landscape of online sports betting continues to evolve, the end-around model offers a bold new vision for the future. With Foley & Lardner LLP leading the way, it is only a matter of time before this innovative approach becomes the new standard in the industry.
