Industry News of the Day for August 26, 2021
iDEA Growth Member News:
- IGB, 8.25.21: White Hat Gaming Launches New Content Division To Target US Market
- Gaming platform provider White Hat Gaming has established a new casino content division to support its expansion into the US market.
- SBC, 8.26.21: Fanduel Seals Sponsorship Deal With Kentucky Downs
- Online gaming and sports betting operator FanDuel, the parent company of the TVG racing network and betting platform, has announced a three-year partnership with Kentucky Downs.
- SBC, 8.26.21: Pointsbet Unveils Big Promotional Drive For Upcoming Football Season
- PointsBet has confirmed this week that it will be offering a series of headline promotions this coming football season, including its “No Juice” promotion that offers spreadline prices on either side of a matchup at even money +100 odds.
Overall Industry News:
- US Bets, 8.26.21: Gen Z Bettors Ready To Capture Sportsbook Industry’s Attention
- Most of the 70 million or so members of Gen Z are too young to bet on sports legally in the U.S., but a group of industry panelists said Wednesday that sportsbook operators would be wise to begin focusing on them — if they haven’t already.
- Bloomberg, 8.26.21: Jake Paul’s New Fund Invests in Sports-Gambling Firm Simplebet (subscription paywall)
- YouTube personality-turned-boxer Jake Paul is getting into the sports-betting business with his new venture capital fund as the industry increasingly gains mainstream acceptance.
- Action Network, 8.25.21: Bally’s Chair Talks New York Sports Betting and Future of American Gaming
- Of all the myriad players in the rapidly changing U.S. sports betting market, few have been as aggressive in such wide a range of verticals as Bally’s. Company Chairman Soo Kim spoke with the Action Network about the state of the industry and Bally’s future plans.
New Jersey:
- SBC, 8.25.21: ‘Game-changing’ NJ legislation to trigger transformational growth phase for betting on horse racing across the US
- The introduction of fixed odds betting for horse racing in New Jersey presents a ‘game-changing opportunity’ for the industry, said BetMakers COO Jake Henson, who believes that more states will eventually follow in the Garden State’s footsteps.
Ohio:
- Play OH, 8.25.21: Casino Control Commission Asks Legislature For Extension On Sportsbook Licensing Deadlines
- Legislative delays could push the Ohio sports betting timeline past the start of the 2022 NFL season.
Tennessee:
- Legal Sports Report, 8.25.21: Two More Tennessee Sportsbooks Could Be Approved Next Week
- It sounds like a pair of Tennessee sportsbooks will have a chance to launch in time for the start of the football season.
Arizona:
- Sports Handle, 8.25.21: Approved Arizona DFS Operators Able To Go Live Saturday
- Approved Arizona daily fantasy sports operators can go live as early as 12:01 a.m. Saturday, and approved event wagering operators can begin account creation, funding, and marketing at the same time, the Arizona Department of Gaming confirmed Wednesday in the second of three operator meetings ahead of launch.
- Approved Arizona daily fantasy sports operators can go live as early as 12:01 a.m. Saturday, and approved event wagering operators can begin account creation, funding, and marketing at the same time, the Arizona Department of Gaming confirmed Wednesday in the second of three operator meetings ahead of launch.