Industry News of the Day for April 4, 2023

By iDEA | April 4, 2023

iDEA Growth Member News

  • SBC Americas: Anaxi To Provide FanDuel With Online Casino Content Across North America
    • Anaxi, the real money gaming division of Aristocrat Gaming, has penned a deal with FanDuel Casino to deliver online casino content to the operator. Under the terms of the agreement, Anaxi will offer FanDuel Casino players across key US-regulated markets titles such as Dolphin Treasure and Wild Ameri’coins. Formed and launched during G2E 2022, Anaxi aims to create “a destination where players can enjoy the excitement of online real money and gaming with confidence.”

Industry News

  • Legal Sports Report: Official: MLB Betting Will Not Be Hurt By Pitch Clocks
    • The use of pitch clocks does not concern the league in terms of potentially limiting live MLB betting opportunities, an MLB official told LSR.  “I don’t think it’s going to have any negative consequences,” MLB senior VP of business development Casey Brett told LSR at the iGaming Next Conference this month. “If anything, I think the pitch clock is only going to improve wagering and the overall fan experience.”

Colorado

  • PlayColorado: Colorado Sports Betting Revenue Dips 22% In February
    • February revenue numbers are in from the Colorado Division of Gaming. Colorado’s sports betting handle took quite a hit in February compared to the previous month. The total handle was down 22.3% at $425.1 million compared to $547.2 million in January. Comparing year-on-year figures, that is a 3.49% decrease compared to the total handle in February 2022 at $440.5 million.

Georgia

  • PlayGeorgia: 2023 Georgia Sports Betting Post Mortem
    • Georgia’s last-ditch effort to legalize sports betting this year died in the Senate on Wednesday. House Bill 237, a gutted and amended soap box derby bill, did not even make it to the Senate floor on the General Assembly’s last session day. This despite a push from Lt. Gov. Burt Jones, who wanted lawmakers to take one more crack at Georgia sports betting before the Legislature rested for the year.

Illinois

  • PlayIllinois: Illinois Problem Gambling Bill Gets Unanimous Approval In Senate
    • A bill addressing problem gambling received unanimous approval, 54-0, from the Illinois Senate last week. If passed, the bill would force Illinois sportsbooks to provide bettors with hourly pop-up messages informing how much they’ve wagered. SB 1508 was filed by Sen. Bill Cunningham and received the green light from the IL Senate floor last Thursday. The bill started with the Health and Human Services Committee before moving to the Senate. Now, it goes to the House for another round of voting.

Massachusetts

  • PlayMA: Inside the 6-Month Frenzy To Launch Sports Betting In Massachusetts
    • On August 10, 2022, Gov. Charlie Baker signed Massachusetts’ sports betting bill into law. Between the bill’s signing and the retail and mobile sports betting launches, the Massachusetts Gaming Commission worked tirelessly behind the scenes to build guardrails around their new industry. To refresh your memory: Retail sports betting launched Jan. 31, and online sports betting launched March 10.
  • MassLive.com: College Athletic Directors Hoping Education Prevents Sports Gambling Violations
    • If the American Gaming Association’s estimates are correct when the nets are cut down Monday night to complete the NCAA Tournament, 68 million Americans will have bet $1.5 billion on the NCAA Tournament. Across the nation, college athletic directors, coaches and their compliance office will cross their fingers and hope that athletes for their teams and their schools aren’t included in those numbers.

New York

  • PlayNY: Proposed Bill Would Allow NY Sports Betting At In-State Horse Tracks
    • Currently, if bettors in New York wish to visit a retail sportsbook, they must visit one of the four upstate commercial casinos in the state, one of the tribal casinos or wait for the opening of three downstate casinos in the Empire State. Perhaps, though, another avenue will soon open. Assemb. David Weprin has filed a resolution, A5923, proposing an amendment to the NYS Constitution that would allow thoroughbred and harness race tracks to facilitate NY sports betting to the same extent as constitutionally-authorized casinos.

Ohio

  • SBC Americas: Ohio Sportsbooks Curb Promo Spending Over 80% In February
    • The second full month of sports betting in Ohio took a bit of a dive from the more than $1 billion generated last month but still posted solid numbers given the end of the football season. Nonetheless, it was a steep drop-off compared to other states and it is now third for the year when it comes to handle, trailing both New York and New Jersey.

Texas

  • PlayUSA: Texas Sports Betting Bills Get First Vote Of Approval In House Committee
    • Texas sports betting legislation took its first big step forward Monday. The House State Affairs Committee passed HB 1942 and HJR 102 by a vote of 9-3. It’s the first successful vote ever for Texas sports betting legislation. The bills, sponsored by Rep. Jeff Leach, got a hearing in March. Representatives from sports teams, Texas racetracks and national sportsbook operators testified in favor at the hearing.
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