Industry News of the Day for August 17, 2022
iDEA Growth Member News
- SBC Americas, 8.17.22 – AGA to induct three industry leaders into Gaming Hall of Fame
- The American Gaming Association (AGA) has named the Gaming Hall of Fame Class of 2022, inducting three new members for their significant contributions to the gaming industry. [Virginia McDowell, Non-Executive Director, Entain]
- SBC Americas, 8.16.22 – Kambi’s State of the Nation: Key takeaways from Kambi’s 2021/22 NFL Season Report
- Everyone speculates on the most popular bets, but it is all just speculation without data to back it up. As we inch closer to a new NFL season, it is time to reflect on lessons learned from the previous year. Kambi’s Senior Director of Sales for the US David Bretnitz breaks down some insights and key learnings from Kambi’s 2021/22 NFL Season Report.
- Bonus.com, 8.16.22 – Lottery Winners Offered Free Financial Planning in Connecticut
- Connecticut lottery winners may be the first in the nation to be offered free financial planning assistance, but Rob Simmelkjaer hopes they won’t be the last. He believes private online gambling operators, like DraftKings and Mohegan Sun Casino, may even want to consider adding the option, he tells Bonus.com today.
- Legal Sports Report, 8.16.22 – ESPN Sports Betting Remains Possible But Stuck In Neutral
- The Walt Disney Company is fully committed to jumping into sports betting in the near future to help bolster its ESPN offerings, but there is still no clear move forward.
- California Casinos, 8.16.22 – 60% of CA Sports Bettors Want Sportsbooks to Run CA Sports Betting, Not Tribes
- According to a California Casinos survey, 60% of current and potential California sports bettors would rather have private sportsbooks run CA sports betting than gaming tribes. Part of that is likely because mobile sportsbooks would offer online sports betting. However, part of that may also be misunderstandings about how lucrative tribal gambling is for Native Americans.
- Play NJ, 8.17.22 – New Jersey Online Casino Revenue Trending Back Toward Record Highs In July
- New Jersey online casinos saw an improvement in the month of July, recording nearly $137 million in revenue. This was about $3.6 million better than June’s results, and the first time in four months that earnings jumped up.
- IGB, 8.17.22 – New Jersey sports betting continues to struggle in July
- Gambling revenue increased 6.7% year-on-year in New Jersey during July despite a further decline in the US state’s sports betting market. Total revenue for the month amounted to $480.7m, up 6.7% from $450.6m in July 2021 and 19.7% higher than $401.5m in June of this year.
- Legal Sports Report, 8.17.22 – Are Covid Changes To Blame For NJ Sports Betting Handle Declines?
- An NJ sports betting trend not seen since the sports world shut down for COVID-19 crept its way back into story. Sportsbooks reported $531.9 million in handle and $45 million in revenue last month, according to the July revenue report released Tuesday afternoon.