Industry News of the Day for April 17, 2023

By iDEA | April 17, 2023

Industry News

  • Legal Sports Report: Opinion: More Sports Betting Advertising Consumer Protection Lawsuits Coming?
    • If you were around for the rise and fall (well, maybe we will call it the transition) of daily fantasy sports, you undoubtedly remember that following the wave of excitement and the wave of advertising, there was a third wave of lawsuits. A new wave could be in store for sports betting advertising. In the daily fantasy sports world, there were all kinds of lawsuits, ranging from the New York attorney general to various lawsuits from consumers.
  • Sports Handle: Tentative Washington Commanders Sale Carries Vast Sports Betting Implications
    • As local and federal investigations into the Washington Commanders’ alleged financial improprieties and workplace misconduct continue, team owners Daniel and Tanya Snyder moved closer on Thursday to selling the once-proud NFL franchise. The Snyder family reached a preliminary agreement to sell the Commanders to an ownership group led by Philadelphia 76ers co-owner Josh Harris for approximately $6 billion, multiple outlets reported.
  • iGB North America: Elys Eyes Q3 Launch For Online Sportsbook Launch In North America
    • Interactive gaming and sports betting business Elys Game Technology has announced that it expects to launch its online sportsbook platform for US and Canadian markets in the third quarter of this year. Apps will launch in both iOS and Android versions on a GLI-33 certified platform complete with a range of customization tools and cybersecurity features.

Massachusetts

  • Gaming Today: Massachusetts Regulators Hold Hearings On Unauthorized In-State College Sports Bets
    • The Massachusetts Gaming Commission held hearings Friday on in-state college sports bets accepted by two of the state’s three casinos in February, although no action was immediately taken by regulators. Commissioners are expected to confer with MGC’s legal counsel about possible next steps — with lingering questions specifically in the case of Encore Boston Harbor casino in Everett.
  • PlayMA: MA Regulator Wants Sportsbooks To Provide Data For Addiction Research
    • One of the reactions to the successful launch of the Massachusetts sports betting market has been a backlash against the flood of commercials for sports betting apps, and how that may impact an increase in gambling addiction. The Massachusetts Gaming Commission has already addressed such concerns during open meetings. For instance, it is restricting ads from appearing on platforms frequented by people under the legal betting age.

New Jersey

  • PlayNJ: March Madness Sports Betting Tops $1 Billion In NJ
    • Sports gamblers in New Jersey failed to capitalize on college basketball underdogs making deep tournament runs, and the sportsbooks came out on top in March. New Jersey sportsbooks reported $93 million in revenue on more than $1.025 billion in legal bets last month, according to data from the state Division of Gaming Enforcement.

North Carolina

  • NC Sharp: Are 12 Online Sportsbooks Enough For North Carolina Sports Betting?
    • Up to a dozen online sportsbooks could open for business in North Carolina if the state legalizes sports betting. Online sports betting in North Carolina isn’t available yet, but that could change soon. A new bill in the state Senate could open the floodgates for the online industry. A dozen betting apps to pick from sounds like a lot, but how does that number compare with other states?

North Dakota

  • SBC Americas: North Dakota Sports Betting Expansion Takes Hit As Ballot Measure Fails In Senate
    • North Dakota wasn’t on too many onlooker’s list for gambling expansion in 2023, however, a measure to take sports betting to a public vote in 2024 has failed to get past the Senate, settling the issue for another year. House Concurrent Resolution 3002 was a measure to make a constitutional amendment in North Dakota to offer the electorate to vote on legalizing and regulating sports betting from commercial operators.

Ontario

  • SBC Americas: AGCO Seeks Upgrade To Ontario Online Gambling Advertising Standards
    • The online gambling advertising standards in Ontario could be revamped this year as part of the Alcohol and Gaming Commission of Ontario’s (AGCO) mission to further protect young people. The AGCO has identified advertising and marketing approaches that strongly appeal to persons who are under the legal gaming age through the use of celebrities and/or athletes.
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