Industry News of the Day for August 25, 2021
iDEA Growth Member News:
- US Bets, 8.24.21: NFL Embraces Once-Feared Sportsbooks With TV-Ad Deal (mentions DraftKings, PointsBet, and FanDuel)
- Just three years after a U.S. Supreme Court ruling opened the door for any state to offer Las Vegas-style sports betting, the NFL is taking yet another step in favor of the gambling its leading executives once claimed could ruin their sport.
Sports League News:
- Washington Post, 8.25.21: The NFL Once Viewed Sports Betting As A Threat. Now The League Wants The Action.
- For the years he hosted “NFL Live” on ESPN, Trey Wingo always had to be careful. Whenever he wanted to discuss how oddsmakers viewed a game — the point spread, over/under or other topics of interest to bettors — he had to be creative.
New York:
- IGB, 8.25.21: New York Sports Betting Drops To $1.3m In July
- Sports betting revenue in New York declined 31.6% month-on-month to $1.3m in July, the second-lowest monthly total so far this calendar year.
New Hampshire:
- IGB, 8.25.21: New Hampshire Sees Sports Betting Handle Slip To 11-month Low In July
- The New Hampshire Lottery reported a year-on-year increase in revenue and handle for the state’s sports betting market in July, despite player spending falling to the lowest monthly total since August last year.
Connecticut:
- The Day, 8.25.21: Connecticut Lottery, Tribes Poised For Three-way Sports Betting Competition
- When legal sports betting debuts next month in Connecticut, it’ll be remarkable for who’s involved.
Maryland:
- Eye On Annapolis, 8.24.21: Everything You Need To Know About Maryland Sports Betting
- Crab cakes, football… And sports betting? That’s what Maryland does now!
North Carolina:
- IGB, 8.25.21: North Carolina Sports Betting Bill Passes First House Reading
- A bill that would legalize retail and online sports betting in North Carolina has passed its first reading in the state House of Representatives.
Louisiana:
- Saturday Down South, 8.24.21: Louisiana In-person Sports Betting May Begin By Mid-september
- Louisiana Gaming Control Board Chairman Ronnie Johns told Saturday Down South the state’s goal is to have in-person sports betting available for customers by mid- to late-September at several Louisiana facilities.
Tennessee:
- SBC, 8.25.21: Tennessee Sportsbooks See Betting Volumes Slip To New Low Point In July
- Tennessee’s sportsbooks slipped to their lightest volume month since the first month of operation in November 2020, as bettors found a dearth of games to bet on in July even during a month with the NBA Finals and the opening week of the Olympics.
- Play Tenn, 8.24.21: New Tennessee Sports Betting Operators Could Be Approved By Next Week
- Tennessee sports betting’s future regulatory body, the Sports Wagering Advisory Council, convened Tuesday, Aug. 24 for its monthly meeting.
- Tennessee sports betting’s future regulatory body, the Sports Wagering Advisory Council, convened Tuesday, Aug. 24 for its monthly meeting.