Industry News of the Day for April 19, 2022

iDEA Growth Member News:

• SBC Americas, 4.18.22: Sportradar Integrity Services signs multi-year deal with NASCAR
  • Sportradar Integrity Services has signed a multi-year integrity services deal with NASCAR.
• SBC Americas, 4.18.22: Martin Lycka: Alternative reality – What if PASPA was retained?
  • Martin Lycka – SVP for American Regulatory Affairs and Responsible Gambling at Entain – gives his thoughts on what the US would look like today if PASPA was never repealed in 2018.

Industry News:

• Sports Handle, 4.18.22: Opinion: American Gaming Association, Sports Bettors Need To Work Together
  • America’s gamblers need a seat at the table if the AGA wants to see offshore books disappear
• Sports Handle, 4.18.22: What’s On Tap: NBA Playoffs, NFL Draft Props, And BetMGM Investor Day
  • Celtics look to take command of series with Nets; QB props released as NFL Draft nears

Maine:

• Sports Handle, 4.18.22: Maine Governor’s Latest Attempt At Tribal-Only Digital Wagering On Pause
  • Maine lawmakers pressed pause again Monday on legalizing sports betting, this time as part of a bigger tribal bill that Gov. Janet Mills put forth in an effort to salve old wounds with the state’s four federally recognized tribes known collectively as the Wabanaki Nations.
• WVII, 4.18.22: Mobile sports betting bill advances
  • The Maine House of Representatives voted to advance a bill that would funnel mobile sports betting revenue to the state’s tribes.
• Law 360, 4.18.22: Maine Lawmakers Back Tribal Rights To Online Sports Betting
  • Maine’s House of Representatives advanced legislation Friday.
• Bangor Daily News, 4.18.22: Behind the scenes of the Maine Legislature’s fight over tribal rights and sports betting
  • An abrupt split between two lawmakers looking to upend a contentious proposal to give Maine tribes control of mobile sports betting embodies tricky negotiations over tribal issues in the Legislature’s last days in the State House.

Kentucky:

• Play USA, 4.18.22: Without Enough Senate Support, Kentucky Online Gambling Bill Fails
  • A valiant effort could not get a Kentucky online gambling bill passed Republican opposition.

Missouri:

• Missouri Net, 4.18.22: MISSOURI SENATE COULD DEAL WITH A SPORTS BETTING BILL THIS WEEK
  • A sports betting bill is on a roll this legislative session and Senate Republican Leader Caleb Rowden, R-Columbia, expects Senators to debate one this week. The plan has already cleared the Missouri House.
• Louis Post-Dispatch, 4.19.22: Sports betting plan heads to Missouri Senate
  • A landmark sports betting proposal advanced to the full Senate Tuesday, but a final plan remains in flux.

Ohio:

• ABC 5, 4.18.22: Ohio State University asks Casino Control Commission to limit sports betting on colleges
  • In putting together the rules for sports betting the Ohio Casino Control Commission has the ability to prohibit or restrict certain types of wagering and that’s exactly what Ohio State is asking that they do.

New Jersey:

• SBC Americas, 4.19.22: New Jersey sportsbooks return to over $1bn in wagers in March
  • New Jersey’s sportsbooks hit $1.1bn in March wagers thanks to the state’s interest in the NCAA March Madness basketball tournament, despite the continued rise of the neighboring state New York, according to PlayNJ.
• Play NJ, 4.18.22: NJ Sportsbooks Hit Non-Football High; Online Casinos Set Another Revenue Record
  • New Jersey’s sportsbooks maintain 30% year-over-year growth despite increased competition

Pennsylvania:

• SBC Americas, 4.19.22: Pennsylvania sportsbooks surpass $1bn in lifetime revenue
  • Following a strong March, Pennsylvania’s sportsbooks have now generated $1.0bn in revenue on $13.7bn in wagers since the market went live in 2018, joining New Jersey and Nevada as the only states to surpass the $1bn lifetime sports betting revenue mark.
• Online Poker Report, 4.19.22: Pennsylvania Online Casinos Beat New Jersey’s, Set New All-Time Monthly Record
  • A new all-time record has been set for monthly online gambling revenue in the US.
• Play USA, 4.18.22: Pennsylvania’s Online Casinos Break US Revenue Record In March
  • The way that online casinos are growing in the United States, broken records are becoming like, well, a broken record. This time, it was Pennsylvania setting an online casinos revenue record.
• Play PA, 4.18.22: Sportsbooks Bounce Back After Worst Month Ever; PA Online Casinos Set U.S. Record
  • Sportsbooks in Pennsylvania experienced a big rebound in March taking about $715 million in wagers, nearly a 20% increase from last month. PA sports betting apps and retail sportsbooks had their worst month ever in February for net revenue with a combined loss of $442,847. Net revenue in March jumped to $30.4 million.
• Play PA, 4.18.22: Pennsylvania Sportsbooks Surge On March Madness While State’s Online Casinos Set U.S. Revenue Record
  • Banner month for Pennsylvania’s gaming industry pushes sportsbooks past $1 billion in lifetime revenue, according to PlayPennsylvania

Connecticut:

• Sports Handle, 4.19.22: Connecticut Sportsbooks Bounce Back From Sluggish February
  • The Connecticut Department of Consumer Protection reported sports betting handle of nearly $141 million for the month of March, as operators bounced back from a sluggish February.

Michigan:

• Play Michigan, 4.18.22: March Madness Boosts Michigan Sportsbooks As Online Casinos Set Revenue Record
  • Online casinos show continued strength with $130 million in revenue in March, according to PlayMichigan

Tennessee:

• Sports Handle, 4.19.22: Tennessee Posts $370 Million Sports Betting Handle For March
  • Tennessee’s Sports Wagering Advisory Council reported sports wagering handle of just over $370 million in March on Tuesday, a sharp uptick that was likely aided by both the Memphis Grizzlies and the NCAA Tournament.

Massachusetts:

• Sports Handle, 4.19.22: All Massachusetts Stakeholders Support Legal Wagering, So Why The Holdup?
  • That short sentence from Massachusetts Gaming Commission Chair Cathy Judd-Stein last week at a roundtable discussion in New Hampshire pretty much captures the state of the effort to legalize sports betting in Massachusetts.

Louisiana:

• Sports Handle, 4.18.22: Louisiana Sportsbooks Clean Up In March, Gross Nearly $31 Million In Revenue
  • March Madness was more like “March Sadness” for bettors across Louisiana, as the house routed the public while collecting close to $31 million in gross operator revenue, according to sports wagering figures reported by the Louisiana State Police on Monday.
• iGB America, 4.19.22: Louisiana online betting revenue up 70.0% in March despite handle decline
  • Online sports wagering revenue in Louisiana increased 70.0% month-on-month to $28.4m (£21.8m/€26.3m) in March despite a 2.5% drop in player spending.