Industry News of the Day for April 3, 2024
Kentucky
- Gaming Today: Circa Sports Launches Sportsbook Operations in Kentucky
- Circa Sports has announced the launch of its sportsbook operations in Kentucky this week. Kentucky marks the fifth state for Circa’s online sportsbook. As of Monday, customers in Kentucky can sign up and start betting on Circa’s mobile app. This is the second state that Circa Sports has launched in six months after releasing mobile betting operations in Illinois in September. Apart from these two states, Circa is available for sports betting in Colorado, Iowa, and Nevada.
Mississippi
- Legal Sports Report: Online Mississippi Sports Betting Bill Clears Final Senate Committee
- A proposal to bring Mississippi sports betting online cleared its final Senate committee, setting it up for a possible floor vote. The Senate Gaming Committee passed the Mississippi sports betting proposal (HB 774) Tuesday, ahead of the deadline for committees to vote on bills introduced by the other chamber. It differs slightly from the version passed by the full House in February. That means the House may need to reconcile with the changes should the full Senate pass the bill before it adjourns on April 11. Mississippi was one of the first states to legalize sports betting, though the activity is confined to within state casinos.
Georgia
- PlayUSA: How Georgia Sports Betting Moves Forward After Another Failure
- The Georgia legislative session ended last Thursday with Georgia sports betting legislation stuck in the House Rules Committee. This marks the second consecutive two-year cycle that the Senate has passed sports betting legislation only for the House to fail to act. PlayUSA spoke with several Georgia lawmakers to find out what happened to doom the Georgia sports betting effort and where it goes from here.
Rhode Island
- iGB: Rhode Island Sports Betting Revenue Plummets 42% in February
- Rhode Island reported $2.9m in sports betting revenue for February, significantly down on the $5m accumulated in January. February’s revenue also fell 19.4% short of the same month last year, when the Ocean State accumulated $3.6m in revenue. The state’s February handle also declined by 13.4%, down to $38.8m from $44.8m in January. Additionally, Rhode Island’s handle dropped year-on-year, with February’s total 10% behind the $43.1m accepted in bets in the same month last year.
Louisiana
- The Lines: Geauxing, Geauxing, Gone: Louisiana Bans College Player Prop Betting
- New NCAA President Charlie Baker apparently won’t be ignored. What started in November 2023 as a criticism of sportsbooks offering player props on college games has turned into a full campaign to ban college player prop betting nationwide. Baker outwardly urged a total ban last week, prompting Louisiana to become the latest state to prohibit college player props. It follows Ohio, who axed the practice in March. After Aug. 1, 2024, Louisianans won’t be offered those markets any longer.
New Jersey
- PlayNJ: New Jersey Regulators Will Begin Breaking Down Monthly Gambling Revenue By Individual Operators
- For years, we have speculated who the top operators are in New Jersey. Starting April 16, we will now have more definitive evidence. According to the Division of Gaming Enforcement, the state will change the way it presents revenue reports for online casinos in New Jersey and NJ sportsbooks. In order to “increase transparency” regarding those reports, the DGE will begin breaking down revenue by each individual skin rather than by licenseholder.