NetworkNewsWire Editorial Coverage: When Congress made sports gambling illegal at the federal level with the passage of the Professional and Amateur Sports Protection Act (“PASPA”) on Oct. 28, 1992, online betting wasn’t even a topic of discussion. If someone wanted to place a bet on the Super Bowl or a basketball game, their options were minimal at best: jump on a plane to Las Vegas or phone their local bookie. Fast forward 25 years and the internet is ubiquitous and laws such as PASPA arcane, making May 14, 2018, a day of gambling liberation, as the Supreme Court overturned the law on the grounds it was unconstitutional and commandeered power from states. With the federal ban removed, the majority of states have enacted laws defining legal online gambling to participate in a booming global market. As such, innovation is thriving to offer operators and consumers premium experiences. Playgon Games Inc. (TSX.V: DEAL) (OTCQB: PLGNF) (Profile) is seizing the opportunity, while others in the space, including Boyd Gaming Corporation (NYSE: BYD), MGM Resorts International (NYSE: MGM), Caesars Entertainment Inc. (NASDAQ: CZR) and Zynga Inc. (NASDAQ: ZNGA) also look to capitalize…
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